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Author Topic: Is it worth buying Ripple for the XRP Spark token drop?  (Read 439 times)
Shallow
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November 23, 2020, 03:43:46 PM
 #41

From a more better point of view, XRP is a good coin, although it's highly centralized but one can see that the coin has been performing well, even more than most coins, of course this can be attributed to the team's resilience and hardwork. Also, since this is true about the coin, holding XRP for the airdrop or token drop is like using one thing to achieve two different things that is, with the favourable market, you will gain from XRP growth and also if the Spark token drop is worth it, you will also gain from there.
However, had it been it is for another coin which is already struggling to grow, then I think buying just for a token drop is a bad idea, but since it pertains XRP, then I think it's worth the shot. Lastly, since nothing is guaranteed in this space, endeavour to carry out your own due diligence.

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November 23, 2020, 03:52:45 PM
 #42

I guess it will be fine if you actually hold Ripple and get the token drop

Not really sure if buying into it just for airdrop is a ideal solution

How many Spark tokens are available to claim?
45 Billion.
I doubt it will worth even $0.01, because that will have a fully diluted market cap of $450M airdropped to XRP which is way too alot
Anyhow i am not sure if the recent bullish XRP price had something to do with this Spark token but XRP had finally made a good price reversal into bullish zone
It has stay under radar for almost close to half a year where it fail to break $0.36 and finally, it breaked
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November 23, 2020, 04:35:44 PM
 #43

I guess it will be fine if you actually hold Ripple and get the token drop

Not really sure if buying into it just for airdrop is a ideal solution

How many Spark tokens are available to claim?
45 Billion.
I doubt it will worth even $0.01, because that will have a fully diluted market cap of $450M airdropped to XRP which is way too alot
Anyhow i am not sure if the recent bullish XRP price had something to do with this Spark token but XRP had finally made a good price reversal into bullish zone
It has stay under radar for almost close to half a year where it fail to break $0.36 and finally, it breaked

yes I pretty agree with you, I am not sure this "event" could push XRP price up.
it's a non-sense that this will be an "high value" token since it's going to be airdropped with a huge distribution!
As I posted before, I have never seen any airdrop that was "profitable". Just a small percentage % of gain.

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November 23, 2020, 05:15:23 PM
 #44

I use ripple only for fast and cheap transfer money, bitcoins or altcoins from exchange to exchange.
And keep ripple for getting this token I consider it unprofitable.
But who knows what might be the case with Bitcoin Cash...
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