Express
XRP's Price Starts Downward Fall Following SPARK Airdrop
Summary: After weeks of upwards price movement, XRP is facing a bearish correction following the Flare airdrop snapshot, as reported by DeCrypt. At the time of writing, XRP is trading at $0.49, 5.91% drop in just 24 hours and nearly 20% in the past week. The Flare Network was marketed as a bridge between the RippleNet ...
After weeks of upwards price movement, XRP is facing a bearish correction following the Flare airdrop snapshot, as reported by DeCrypt.
At the time of writing, XRP is trading at $0.49, 5.91% drop in just 24 hours and nearly 20% in the past week. The Flare Network was marketed as a bridge between the RippleNet and DeFi. It announced the SPARK token airdrop for XRP holders last Saturday.
As the airdrop approached investors flocked to XRP causing its price to skyrocket, outpacing even Bitcoin. However, XRP's price started to bounce in a downwards pattern signaling that the token's value may continue to fall, data from TradingView shows.
By Emily Mason
Tags: Airdrop,Bitcoin,DeFi,Ripple,Ripplenet,Spark,XRP
Link: XRP's Price Starts Downward Fall Following SPARK Airdrop [Copy]
