Coinbase introduced Saturday it plans to assist an upcoming airdrop that has been seen as a consider boosting XRP’s price in latest weeks.
The San Francisco-based exchange stated in a weblog submit that Coinbase clients with XRP balances as of midnight UTC on Dec. 12, 2020 will obtain Spark tokens from Coinbase at a later date.
“The quantity of Spark you’ll obtain depends upon how a lot XRP you had in your account on the snapshot time,” Coinbase wrote. Particulars concerning the airdrop shall be posted this week, an organization spokesperson instructed Fintech Zoom.
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“Flare’s token, Spark is created by means of what may be the primary ever utility fork whereby the origin community, on this case the XRP Ledger, advantages by means of elevated utility,” the staff behind the smart-contract mission wrote in August.
XRP is up almost 10% during the last 24 hours, based on Fintech Zoom information.
“Supporting new networks and their projects is important for not only meeting customer interest, but also the continued growth of the crypto ecosystem,” stated Coinbase spokesperson Crystal Yang.
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