Is the snapshot allready been taken? The reason I am asking is since some crypto articles are a little vague. I thought it would be 00:00 UTC this night right?
If some could clarify would be appreciated.
Thnx in advance!
The snapshot already happened today the 12th of december 2020; at 12 am prompt (utc). And more importantly, it means that as at the time of the snapshot (i.e 12:00 utc) you must hodl ripple either in your storage (wallets, cold storage etc) or the supported exchange platforms for the airdrop. I conducted my own at the okex exchange where i held my ripple; and i took profits already too from ripple. Its a win win for me
I noticed a little sell off between 23:00 and 23:24ish UTC (not sure if people where confused about the snapshot time or it had something to do with time zones). Ive sold some of mine (with a bit of panic) at 23:06 UTC. Ive bought myself in again on 23:58 UTC and sold again around 00:03 UTC time because there was another mini sell off exactly at 00:01UTC. So anyhow if I am correct and/or lucky (whatever spark may be worth when its on the market) Im "Snapshotted xD" with a loss of around 50 dollars but I made a profit hours before the snapshot the same day. So I will see what will be dropped between Q1 and Q2 in 2021.
Thnx for the insights
It's starting to go down again right now
https://coinmarketcap.com/currencies/xrp/another 15% down for XRP in a day. Just hope the price of spark token will be worth a few cents and that will worth with your effort and lose.
people are starting to short the market right now. I wonder what will be happening with the price of XRP in the next days started from now.
Don't worry about the price of the spark since they decided to control the release of the airdrop token into tranches distribution. I'm not expecting that spark token price will fall below XRP price. The real problem here was people that losing on there XRP holdings will have a longer waiting time to recover that loss using there spark token since it may take a year or more to get all the airdrop token. But the good news is the price might skyrocket by the time they get 100% airdrop.