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Topic: Sologenic snapshot for XRP holders is the worst I've seen so far (Read 200 times)

full member
Activity: 350
Merit: 101
Trident Protocol | Simple «buy-hold-earn» system!
Sologenic airdrop for XRP holders could be the worse of them all, imagine holding 700$ worth of XRP just to get some free sologen airdrops and you ended with 1$ worth of this token in your binance wallet, is this just my luck or others got the same reward?
How is this even worth it, holding XRP worth 700$ to get some free aidrops, better trading XRP on normal conditions, no such luck, there is only risk posed by speculation on the journey of XRP itself, investment should look at opportunities how can we earn, instead of trying such things, it's better to trade
hero member
Activity: 2828
Merit: 611
Its a good start not all airdrops will bring good rewards most won't even make any sense at all but once in a while you might be lucky, the best airdrops this days are testnet and Dex trade before token is created.
Airdrops should be like Bounty Hunting since you have no literal capital here mate , we knew that most are expecting payments or benefits but remember that we are just trying our luck in every participations so receiving or not? just don't lose your Hopes mate as there are tons of those offering now.
The airdrops done in sologenic is different because you will be needing an xrp balance. If you don't normally do this (your not a fan of xrp or simply don't have money) you will consider this as an airdrop that needs capital and it can be disappointing to you if you will only receive a tiny amount at the end knowing that you put or you risk a huge capital.

I think that airdrops are not mostly relying on luck but it can be the same as investing on a new project, a research is also needed in order to be more successful. For the guy that comment about sologenic, it's fine to ask here because he is still on topic. With the disappointment that sologenic gave to the xrp hodlers, I dont think $SOLO coin is a good investment.
jr. member
Activity: 140
Merit: 4
Its a good start not all airdrops will bring good rewards most won't even make any sense at all but once in a while you might be lucky, the best airdrops this days are testnet and Dex trade before token is created.
Airdrops should be like Bounty Hunting since you have no literal capital here mate , we knew that most are expecting payments or benefits but remember that we are just trying our luck in every participations so receiving or not? just don't lose your Hopes mate as there are tons of those offering now.
Do you think is it good to invest in $SOLO?
what kind of comment is this? are you providing this for free advertising ? or really asking for opinion here?

obviously I asked for opinion after i've done research about the project.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
Its a good start not all airdrops will bring good rewards most won't even make any sense at all but once in a while you might be lucky, the best airdrops this days are testnet and Dex trade before token is created.
Airdrops should be like Bounty Hunting since you have no literal capital here mate , we knew that most are expecting payments or benefits but remember that we are just trying our luck in every participations so receiving or not? just don't lose your Hopes mate as there are tons of those offering now.
Do you think is it good to invest in $SOLO?
what kind of comment is this? are you providing this for free advertising ? or really asking for opinion here?
full member
Activity: 504
Merit: 101
Sologenic airdrop for XRP holders could be the worse of them all, imagine holding 700$ worth of XRP just to get some free sologen airdrops and you ended with 1$ worth of this token in your binance wallet, is this just my luck or others got the same reward?

Yeah, I'm a bit disappointed about this Solo airdrop. I can say it my mistakes. I bought it at the last minute. Snapshot takes place on Dec 24, 2021, I bought it at 4$ now the price is 0.3 I got a few dollars for Solo snapshot. now I'm still holding my Solo for Core airdrop and hoping to get recover some of my investment. still waiting for an exchange to distribute the Core airdrop.
anyway still free and I'm happy. I bought SOLO just to be eligible for the airdrop  Cheesy
I bought it at a time when the price was high for high demand because of the snapshot. After the snapshot many people sold, and the price went down.

Im expecting others will get the same reward as you.  Have you read this before? https://sologenic.medium.com/sologenic-solo-airdrop-ratio-for-xrp-and-solo-holders-official-report-7e2af9f2c337

Did you read how much ratio for 1 XRP : sologenic? for 1 XRP and you will be getting 0.004456338205 SOLO per each XRP participated according from that article. that means with $700 worth of XRP and you will be getting only $2 - $3 worth sologenic. I think that you're missing something in here and it seems like you didn't aware with the ratio of airdrop sologenic for xrp holders.

It is a free airdrop after all, just be happy with what you get. It would have been nice if the rewards would be a lot higher (like we have had for some other airdrops in the past), but you can't have it all. Maybe, with some luck the price for SOLO goes up a lot in the future.

Yes, it's free still thankful. my only mistakes is buying just to be eligible for drop.
jr. member
Activity: 140
Merit: 4
Do you think is it good to invest in $SOLO?
The worst choice for now. You will be wasting your money if you tried to invest in this token. There was a non sense pump that happened with this token and then it goes down again back to the 30 cents. That looks so weird for me to be honest. If you wanna gamble with this token and it's your choice but I will not recommend you to invest in this token.
The hype that brought by XRP was not enough to make the price of solo can sustain for long term. The possible scenario for you to gamble with a flash pump like when this token price was going up from 30 cents to the 6 dollars in a short time. That's it. You must think about this. The fundamental is not good.

Thanks for the advice!
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Do you think is it good to invest in $SOLO?
The worst choice for now. You will be wasting your money if you tried to invest in this token. There was a non sense pump that happened with this token and then it goes down again back to the 30 cents. That looks so weird for me to be honest. If you wanna gamble with this token and it's your choice but I will not recommend you to invest in this token.
The hype that brought by XRP was not enough to make the price of solo can sustain for long term. The possible scenario for you to gamble with a flash pump like when this token price was going up from 30 cents to the 6 dollars in a short time. That's it. You must think about this. The fundamental is not good.
jr. member
Activity: 140
Merit: 4
Do you think is it good to invest in $SOLO?
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
The price of sologenix was so low combined with the ratio receivd by XRP holders are also very less compared those who hodl solo. Did you expect a few hundreds dollars worth of airdrop for your $700 of XRP in your wallet? that doesn't make sense. The sologenic that alreadyt airdrop was not so much if you are comparing with the ratio of token holders in the XRP ecosystem. that's why you had received small amounts of money. You can use it to pay the trading fees but expecting a huge money from the airdrop is wrong. The thing is the more XRP you hodl in your account and the more airdrop you will be received and im sure that there are people who have received the same amounts like what you have received and then there was also a guy on binance who received lots of solo caused by he hodl millions USD worth of XRP
Not only that, in the case the reward was high then a lot of people will begin to sell the reward as soon as they got and this will reduce the price of their coins anyway, with this in mind it is important to remember that airdrops are not really meant to be a form of income but it is just a bonus the developers decide to give away to some people, so there is not real a reason to complain about the airdrop being low, which by design that is the way things should be.
sr. member
Activity: 2254
Merit: 309
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Sologenic airdrop for XRP holders could be the worse of them all, imagine holding 700$ worth of XRP just to get some free sologen airdrops and you ended with 1$ worth of this token in your binance wallet, is this just my luck or others got the same reward?
I also got a bit of a $SOLO airdrop for accidentally holding XRP during a snapshoot, and this isn't the first time I've had an airdrop holding tokens on an exchange, indeed the airdrop of tokens that have been traded won't be much.
My friend holding XRP almost 800$ and reward airdrop received only estimation about $3 and I think looks crazy with Sologenic airdrop, I have told him never trusted with airdrop holding coin because will dump but just lucky with XRP coin holder but I hope can break out from XRP price beside Sologenic received with small fund. I think not worth joining and holding coin for receiving new coin from any airdrop at the future because estimation under expectation and have lower price with assets holding after snapshot.
member
Activity: 227
Merit: 12
Its a good start not all airdrops will bring good rewards most won't even make any sense at all but once in a while you might be lucky, the best airdrops this days are testnet and Dex trade before token is created.
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Sologenic airdrop for XRP holders could be the worse of them all, imagine holding 700$ worth of XRP just to get some free sologen airdrops and you ended with 1$ worth of this token in your binance wallet, is this just my luck or others got the same reward?

XRP airdrop will never be worth even two digits of dollars. The purpose of sologenic was only for getting awareness and that's no more than it. People are only having huge expectation while they always forget without he reality that may happen. this has become an example how people are expecting a very big thing from airdrop. I rarely seen that airdrop that was doing so good on the centralized exchange site.
Sologenic was only listed in some medium tier of exchange site. Damn, people didn't even wake up from their dream. They must wake up as soon as possible of these days legit airdrop are rarely to happen.
Others will have been using the same ratio and don't worry. You are not the only one who expect a big value from your airdrop
copper member
Activity: 1400
Merit: 103
Sologenic airdrop for XRP holders could be the worse of them all, imagine holding 700$ worth of XRP just to get some free sologen airdrops and you ended with 1$ worth of this token in your binance wallet, is this just my luck or others got the same reward?
I also got a bit of a $SOLO airdrop for accidentally holding XRP during a snapshoot, and this isn't the first time I've had an airdrop holding tokens on an exchange, indeed the airdrop of tokens that have been traded won't be much.
hero member
Activity: 2142
Merit: 594
Sologenic airdrop for XRP holders could be the worse of them all, imagine holding 700$ worth of XRP just to get some free sologen airdrops and you ended with 1$ worth of this token in your binance wallet, is this just my luck or others got the same reward?
The airdrop is just a bonus for us XRP holders, so don't expect too much, because $SOLO before holding this airdrop, they were already traded on many exchanges.
hero member
Activity: 2366
Merit: 504
The price of sologenix was so low combined with the ratio receivd by XRP holders are also very less compared those who hodl solo. Did you expect a few hundreds dollars worth of airdrop for your $700 of XRP in your wallet? that doesn't make sense. The sologenic that alreadyt airdrop was not so much if you are comparing with the ratio of token holders in the XRP ecosystem. that's why you had received small amounts of money. You can use it to pay the trading fees but expecting a huge money from the airdrop is wrong. The thing is the more XRP you hodl in your account and the more airdrop you will be received and im sure that there are people who have received the same amounts like what you have received and then there was also a guy on binance who received lots of solo caused by he hodl millions USD worth of XRP

First and foremost, this is airdrop. So don't expect that they will be generous about the amount or the value that you will get because they are giving it all to all XRP holders at the time of snapshot. Maybe the OP is hoping that it will be the same as like UNI airdrop before. This is where a lot of airdrop participants getting it wrong. Just accept that it is free money and no matter how much is the value is just be grateful about it.
Yeah and that's the thing that must remember by the creator of this thread. I can't deny that so many people didn't even know the basic information about airdrop especially for the ratio for the airdrop. Hoping the same airdrop like uniswap during the bearish market was totally a non sense thing and we must know that the background of sologenic. This doesn't even a popular coin in the market.
This means if this will not be a big airdrop. I hope that creator of this thread will try to take a look at the information that already given before he was participating in the airdrop.
member
Activity: 223
Merit: 13
The airdrop result sucks but there is nothing you can do about it, snapshot airdrops are most times rewarding but this sologen case is just bad, it's not the end of the world more airdrops are still coming and this doesn't mean you should stop.
hero member
Activity: 2184
Merit: 513
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I have seen many of them who have complained and were disappointed because the results they got from Sologenic aidrop were too small and did not meet their expectations.
that means if they never try to do their own research. It's clearly stated by the announcement created by sologenic developers about the ratio. Why do they expect a huge gain from the free airdrop? They are expecting any airdrop will be the same like legit airdrop i.e uniswap, 1inch and many more. how funny people these days. I meant how much they expect this airdrop? I got $1 worth of token. This airdrop is just a marketing trick to pay attention to the all of traders and speculators.

So, always be vigilant in handling aidrop, especially until we spend money on aidrop.
They keep putting big hopes to the result of airdrop.

You are not holding XRP wrong so luck is on your side.
Even if you re holding XRP didn't mean you get a lot of money and it's fine. $2 means nothing. It can't even be used to buy a burger from mcd  Cheesy
full member
Activity: 686
Merit: 100
I have seen many of them who have complained and were disappointed because the results they got from Sologenic aidrop were too small and did not meet their expectations.
So, always be vigilant in handling aidrop, especially until we spend money on aidrop.
You are not holding XRP wrong so luck is on your side.
sr. member
Activity: 2142
Merit: 254

Im expecting others will get the same reward as you.  Have you read this before? https://sologenic.medium.com/sologenic-solo-airdrop-ratio-for-xrp-and-solo-holders-official-report-7e2af9f2c337

Did you read how much ratio for 1 XRP : sologenic? for 1 XRP and you will be getting 0.004456338205 SOLO per each XRP participated according from that article. that means with $700 worth of XRP and you will be getting only $2 - $3 worth sologenic. I think that you're missing something in here and it seems like you didn't aware with the ratio of airdrop sologenic for xrp holders.

It is a free airdrop after all, just be happy with what you get. It would have been nice if the rewards would be a lot higher (like we have had for some other airdrops in the past), but you can't have it all. Maybe, with some luck the price for SOLO goes up a lot in the future.
hero member
Activity: 2184
Merit: 585
You own the pen
Sologenic airdrop for XRP holders could be the worse of them all, imagine holding 700$ worth of XRP just to get some free sologen airdrops and you ended with 1$ worth of this token in your binance wallet, is this just my luck or others got the same reward?

It's just simply the same with mining altcoin with only 1 GPU, it gives you an unreasonable amount of that coin but the price won't matter to you because you want to hodl it for years hoping that it will become expensive in the future. The project is only in its early stage where lots of things can happen and it might be the best chance to keep grinding it as long as you have the necessary resources and just keep it in your wallet and leave it there like you don't have it.
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