Ripple (XRP) - the future currency and financial system of international enterprises. The price is feeling wavey as we hit a low of $0.55 this week. This was a perfect time for crypto investors to scoop up some more XRP before the upcoming rally. Our goal is to get up $1.00 before the year culminates or as the year begins and stabilize. We should see another correction happening around December 12, 2020. It might have something to do with Flare's upcoming XRP AirDrop.

Ripple (XRP) Chart From 11/28/20-12/5/20  

What Does Flare's (XRP) Airdrop Mean For Investors?

As previously mentioned, on December 12, 2020, Flare will be giving out one Spark Token per XRP coin an investor holds in their wallet or exchange. Their plan is to "... trade them on a 1:1 exchange rate...".

"The airdrop is a promotional activity typically performed by blockchain-based startups to help bootstrap a virtual currency project."

There ARE going to be HUGE gains for XRP HODLers/Investors after this AirDrop. We suggest Ripple Investors tighten their life jackets as the price of XRP experiences choppy waters. HODLing onto your XRP during these times is the best strategy. It is safe and WORTH IT!

How Can Investors Claim Those Spark Tokens?

The absolute easiest manner of claiming the Spark Tokens is using the Exodus Wallet. It is uncomplicated and fast.

• Open Exodus Wallet.

• Deposit XRP (At Least 48 hrs Before AirDrop Date).

• Click On XRP.

• Click On The "Symbol" In The Right Upper Corner.

• Click "Claim Spark Tokens" (This May Take A Few Minutes To Do).

• You Are ALL SET! (Now Just Wait Until 12/12/2020).

"The Flare Network team has announced the 12th of December [2020] as the date for the snapshot of XRP’s 'utility fork'."

Remember that playing the long game requires separating our emotions from our Crypto Assets. The market will always experience highs and lows just like in life. And just like in life, when we hold on to our assets -- it pays off.

Thank you for taking the time to read my article today and as the Rich Dad said;

"Being broke temporary, but being poor is eternal."

Feel free to share this article with your friends and KryptoFam.

Disclaimer: By no means are you obligated to take any information from this article as financial advice. Please do your own research and consult a professional financial advisor for professional financial advice. This article is for educational purposes only.

Sources: https://www.coingecko.com/en/coins/xrp

https://investorplace.com/2020/12/ripple-price-mania-over-airdrop-could-drive-prices-300-but-should-you-invest/

https://www.investopedia.com/terms/a/airdrop-cryptocurrency.asp

https://www.crypto-news-flash.com/ripple-flare-network-announces-the-snapshot-date-for-its-airdrop/

https://www.exodus.io/

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