XRP Holders to Receive Long-Awaited Airdrop

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XRP Holders to Receive Long-Awaited Airdrop From Major Crypto Exchange: Major cryptocurrency exchange MEXC announced the airdrop of xCORE token for holders of XRP and SOLO, another token from the XRPL ecosystem.

XRP Holders to Receive Long-Awaited Airdrop

XRP Holders to Receive Long-Awaited Airdrop

XRP Holders to Receive Long-Awaited Airdrop: A total of 50 million xCORE with a strike price of $10 will be distributed to holders of these tokens. The airdrop will take place on May 15, but a snapshot of XRP and SOLO holders will be made on March 24 at 4:00 a.m. UTC.

xCORE is currently trading at $0.97 per token, according to Nomics. However, it would be misleading to take that price into account as the token’s presence is extremely limited on trading platforms, and it is currently only available on decentralized XRP Ledger exchanges such as Xumm and Sologenic.

XRP Ledger’s Ethereum Compatible Sidechain Now Accessible on Testnet

XRP Holders to Receive Long-Awaited Airdrop: Ripple CTO David Schwartz believes bringing Ethereum smart contracts to XRP Ledger (XRPL) will lower the barriers to entry for developers wanting to build apps with cross-chain interoperability.

Former Ripple advisor to lead Fed review of failed Silicon Valley Bank

XRP Holders to Receive Long-Awaited Airdrop: In light of Silicon Valley Bank’s failure, the Federal Reserve Board said on Monday that Vice Chair for Supervision Michael S. Barr, a former Ripple advisor, is in charge of reviewing the supervision and regulation of the bank. By May 1, the evaluation will be made available to the public.

What are Coreum (CORE) and xCORE?

XRP Holders to Receive Long-Awaited Airdrop: xCORE is an option token of another asset, CORE. The latter is the native token of Coreum, a Layer 1 decentralized blockchain run by a community of developers. The CORE is currently priced at $0.542, and the project itself has a capitalization of $54 million, with only 20% of the 500 million token offering in circulation.

XRP Holders to Receive Long-Awaited Airdrop

Being an option token means that xCORE can be exchanged for CORE if the price of the latter reaches or remains above the $10 mark for 10 consecutive days, or expires on March 24, 2025. After the expiry date, xCORE can also be exchanged for CORE on a one-to-one basis via the Coreum blockchain.

Coreum

XRP Holders to Receive Long-Awaited Airdrop: Coreum is a third-generation, layer-one Blockchain built to serve as a core infrastructure of future decentralized applications. Coreum uses a Bonded Proof of Stake (BPoS) consensus mechanism that allows for Staking, non-custodial Delegating, Slashing, and Governance.

Coreum Price Prediction for the week

XRP Holders to Receive Long-Awaited Airdrop: The CORE Price is forecasted for today (05.03. 2023) to be in the $0.5239617450505 – $0.77053197801544 price range. Coreum is predicted to end today at $0.61642558241235.

Coreum The Layer-1 Smart Blockchain for All

XRP Holders to Receive Long-Awaited Airdrop: Coreum is a Smart-Contract proof-of-stake blockchain built as a core infrastructure for the future of decentralized applications and Defi.

Check Also: What Are The 10 Latest Types Of Cryptocurrency?

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