Skip to main content

Ripple (XRP) clearly in the plus shortly before SOLO Airdrop



 Ripple (XRP) has posted almost 20 percent plus in the price curve over the last week against nervous trends in the overall market. The background is the upcoming airdrop from SOLO for XRP.

In the crypto year 2021, Ripple (XRP) was repeatedly declared dead due to the ongoing legal dispute with the US Securities and Exchange Commission. But a look at the price curve of XRP  shows an optimistic picture: XRP is currently trading close to the US dollar mark and was able to show an increase of almost 20 percent over the course of the week. As was the case for the whole of December, it is now also evident that Ripple major investors (whales) are increasing and postponing stocks . The reason for this is probably the planned record breaking airdrop by Sologenic (SOLO) for XRP.

Sologenic has announced that it will distribute 200 million SOLO and thus half of the total inventory via airdrop to those who hold XRP and / or SOLO and register them for the campaign. At the current market value of SOLO, the Airdrop has a volume of almost 800 million US dollars. Tomorrow, Christmas Eve (December 24th), Sologenic wants to use a snapshot to determine how many XRP are individually qualified for the SOLO Airdrop. This moves investors to position their XRP for it. It shows a strong tailwind from the crypto industry.

Sologenic has already launched a decentralized crypto exchange (DEX) and now wants to  start a marketplace for NFTs in addition to the Airdrop . In this ecosystem, SOLO is a native token. Since the plans became known, SOLO has quadrupled in price. Because the appealing thing about Sologenic is that the huge market capitalization of XRP (46 billion US dollars) can be used elegantly by DEX and NFT marketplace. In future, the Sologenic DEX will also make shares, ETFs and other asset classes available tokenized.

Conclusion: XRP investors look to SOLO

At the moment it seems clear that the SOLO Airdrop will be priced in at XRP. A conciliatory end of the year is emerging for XRP. Ripple has recovered from the price plunge to $ 0.20 for XRP following the SEC lawsuit under difficult circumstances and is now seeing a project with Sologenic that spreads optimism through new use cases. But it should also be remembered that at the end of 2020, Spark and Flare  , another DeFi project wanted to dock to Ripple via Airdrop and drove the price of XRP. But this project could not meet expectations. Perhaps Sologenic will be able to learn from experience with SOLO.

My Top Picks
Honeygain - Passive earner that pays in BTC or PayPal
MandalaExchange -The Best no KYC crypto Exchange! 
BetFury - Play And Earn BFG for daily Bitcoin and ETH dividends!
Pipeflare - Faucet that pays in ZCash and Matic, Games pay in DAI
Womplay - Mobile dApp gaming platform that rewards in EOS and Bitcoin
Cointiply - The #1 Crypto Earning Site
Torum - Join the latest Social Network and earn TRM for Free! 
LiteCoinPay - The #1 FaucetPay earner for Litecoin 
Upland - Collect Digital Properties & Test Your Skills
LBRY/Odysee - YouTube Alternative that lets you earn Money by viewing videos!
FaucetPay - The #1 Microwallet Platform
FREEBTC - The #1 FaucetPay earner for Satoshi's
FaucetCrypto - An earning/faucet site that pays out instantly
FireFaucet - An earning site that pays better for some than Cointiply
DogeFaucet - Dogecoin Faucet
xFaucet - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, FEY - Claim every 5 minutes
Konstantinova - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, USDT, FEY, 25 Claims Daily

Comments

Post a Comment

Popular posts from this blog

From offchain to offchain: Statechains meets Lightning

  Without a doubt, the most significant off-chain Bitcoin solution is the Lightning network. But in its wake, the statechain has emerged as an intriguing replacement. There is currently a proposal to link the two offchain networks. From an ocean, for example, you can see sunbeams glistening in the water, waves rippling, and possibly a jellyfish drifting toward the light. But you only see a small portion of it. The distance from the sea's surface to its bottom is hundreds of meters. It has dozens of different fish species swimming in it, crabs and starfish crawling on the bottom, shells clinging to rocks, and sea plants climbing up. A completely new world starts where your gaze diverges. You can picture a blockchain like Bitcoin, just like the sea. What you see on the outside is only a small portion of what is actually there; the set of UTXOs (coins) and transaction history that full nodes store are just the beginning of a much larger world. It's the plan, at least. With Bitcoin...
Post a Comment
Read more

Phishing attack on popular crypto sites tries to empty wallets

  Several major crypto sites such as Etherscan, CoinGecko, DeFi Pulse, and others report malicious pop-ups scammers use to try to trick users into connecting their MetaMask wallets. The phishing attack came from a domain displaying the Bored Ape Yacht Club (BAYC) logo. "We are investigating the root cause of this attack to fix the threat as soon as possible," CoinGecko founder Bobby Ong tweeted. The phishing attack appears to have been triggered by a malicious ad script from Coinzilla, a crypto ad network, according to CoinGecko. Etherscan also advises its users not to confirm any transactions that may appear on the website. The attackers attempted to use the hype around the “bored monkeys” non-fungible tokens (NFT) to gain access to the cryptocurrencies of unsuspecting website visitors. Although the websites affected by the scam attempt have reacted in the last few hours and deactivated the advertising pop-up, it is still recommended not to connect your MetaMask wallet to ne...
Post a Comment
Read more

Bored Ape Yacht Club NFTs stolen through phishing on Instagram

  Bored Ape Yacht Club ( BAYC ) developers announced on Monday that hackers have hijacked the official Instagram page of the popular NFT collection and posted links to a fake airdrop. Crypto enthusiasts who connected their MetaMask wallet to the rogue website subsequently had their Ape NFTs stolen. Apparently, the attack was planned to coincide with the one-year anniversary of the BAYC collection. This increased the "perceived credibility" of the phishing link. About 100 NFTs are said to have been stolen in the phishing attack . According to CoinGecko data , the minimum price for a BAYC NFT is 139 Ether ( ETH ) or $400,726. So if reports are correct, over $40 million worth of NFTs were stolen in the attack. These numbers are only the lowest estimate, however, as they are based on the lowest price.  At the time of writing, it was still unclear how the hackers gained access to BAYC's official Instagram account. Social media users have pointed out the importance of two-fact...
Post a Comment
Read more