Topic: XRP airdrop incoming for the Uphold users (Read 160 times)

This coin is not even a crypto and possibly first centralized coin to make headlines in crypto industry and I am not sure the reason behind this airdrop, may be they want to gain attention as it has lost it's charm because at one bank this was supposed to be a game changer but why would anyone invest in such which doesn't have supply and it's just like dollars wherein it's not backed by anything and team can add more XRP or take it out from market as it did in the past just to fluctuate the price for their benefit. In last one year or so there was one incident where it pump hard and then again it went hibernate mode. It's waste of time, money and effort to invest in such coin no matter what they offer in return like these cheap airdrops which costs them nothing but trying to gain customer base by incentivizing hodling of XRP which won't work.

It's just like resurrecting a dead coin. Over the year people have been expecting xrp to be a useful coin but all to no avail. Many altcoin that came with a promising future now has no future they are trying to revive it back by aidrop participation. this will not even bring it's bring it back to life. The only way it can come back to life is if only Elon musk will decide to post it's picture on Twitter just like Doge coin that is when it will gain dominance because he has a great influence on anything he put his hands on.

There are competitors in the system, we need to be precisely careful and having nothing to do with scammed projects but 100% involved in legit projects and followed up every tasks needed to win these airdrops. Most airdrops do actually waste our time and resources and at the end of the day, there's particularly no solid profits that's generated, rather we become more terrified by the crypto projects that we've planned for and achieving nothing when its time to reap our profits. XTP airdrop for loyal user, this must have take lengthy period before this project will finally be executed in the system.

OP's post were incomplete. He didn't mentioned the trading part there. I know he attached a link/source but I think the trading part is still necessary since it's one of the main component to get qualified in the event.

Being a long-time user and HODL'er/trader of XRP in Uphold might still be there or part or the other requirements to get qualified. You know airdrops right now. They have changed. They are not really the airdrop that we used to know in the past who are completely free and easy to participate with. About the catch, there is really. You already said it in-fact. That was the trading part. It only allurs existing users (not the new one's) to trade XRP more evenly.

I won't even just go into investment in any shitcoin without my proper research because most of these altcoin or shitcoin in disguise for coin doesn't deserve to be called one and classified into meaningful one why because they are only there for pump and dump whereby if you (we) don't make proper research it will results to waste of resources so,  when  making investment the most important thing is to doing your research about whatever that concerns the project without any hesitation.

What happens sometimes is that people don't know the kind of project they should venture into because they are being much hype, possibly the amount of news they heard about such project easily got them attracted. Some of these could be the kind of exchange they will list and their listing prices always get them attractive were they will easily fall so quickly, to be at the safer side I am always stick to those coin with good reputation than jumping into shitcoin I knows nothing about them.

You know that token or neither coin called Ripple has been long it has bèn in existence and if possible their is a problem ongoing on their tech I don't really be aware or know about it from my understanding and observation, so I believed that XRP airdrops you mentioned may have reasons while they are been said that the airdrops is only for US  people and any country will not be beneficiary to it. Its quite well that theirs ongoing hidden agenda going on that we don't know that caused them to restrict some countries not to participate in their airdrops.

To hold cryptocurrency is not by holding altcoins that lacks potential because their is every tendency that the altcoins might not experience a bullrun, at least when you want to hold a coin concerning a bullrun you have to make a research and know the kind of coins you will put in your portfolio, as you portrayed that it's only ethereum, litecoin and BNB you invest and hold for long periods, its good because you have peruse into them and know the level of them surviving a bearish season, which when you hold them you have the hope  to make a profit during bullrun.

Sometimes when investing in altcoins you don't need to prolong the investment, because of how the market we turn, its obvious and its understanding that cryptocurrency market have to with time factor during its investment, so I believe that we have to take our time very well to looked at the coins that can overcome bearish season before we purchase, having in mind that they will soon be a bullish in 2025, we are not really sure of it, it maybe that this October and November increment in market might be the bullrun we shall experience ahead 2025, because information is what triggers the market accelerations.

Frankly, I'm nonchalant about XRP; even from its days of Ripple. I feel that XRP is hyped for nothing. As far back in 2017, the way it got do many backings from various institutions one would think it would fly over the roof by now. So disappointing. I know many will argue that the court cases with SEC delayed its growth but I don't think so. What happened after it got a favourable judgment? Did it fly? No.

Come to think of it, what's the worth of 20,000 XRP in dollar? Almost nothing, that it should even trigger interest.

I think this is their way to make their investors stay and just get a small amount of people to try their exchange because compared to the other offers from their competitors, this is nothing and they won't gonna just simply make a huge impact with it, rather it's just another thing to keep their exchange alive and well. unlike any other coins out there that don't have any development or progress at all, this is good in terms of making their investors trust them more according to their progress on their exchange.

If for Uphold users and US citizens I think it is not fair for me who is in Southeast Asia, I am one of the holders of the old XRP but has no opportunity where they hold events like this.

I am quite sad with a policy that seems to be specializing in certain areas to receive the prize, I think the developer is unfair with the very large US outside community, if that is true I am very disappointed with this policy.
I only hope that XRP developers can provide opportunities to other holders outside the US to get the opportunity to attend events like this.

What else can SEC do much when there's already a court ruling classifying which type is considered a security and which are not.
- Sold to institutional investors? Security
- Sold to broader public? Utility

Ripple will probably just pay off the fines for the violation on selling to institutional investors but that doesn't mean SEC will shut it down.

It still doesn't excuse the OP for parroting it's an airdrop when it's really not. Someone with his experience should have been able to tell the difference between an airdrop and a give away.

I don't see much publicity that will be achieved with this because it is just only for US cuztomers and moreover New York and Florida are also excluded. If this is made for promotion purpose then it should be extended to other ripple hodlers and that will also create activities in their community that will help hype the coin and bring it back to readiness for the bull run.


I think op picked his topic from the website link because it is actually called an airdrop.

And I fully agree. A raffle should not be construed as an airdrop. Anyway, even it is just a raffle, we should welcome it with open arms. Sadly, those who are not in USA are not eligible for the said promotion. Maybe one should tell Uphold to also include those in countries they are doing business outside of the continental USA. I am a good believer in the future of XRP and that they will eventually win the case they are fighting in court.

It is a good thing to hear but unfortunately, my country is not eligible for the said airdrop. However, it was a good idea for the team/developers to compensate the people who stayed and kept supporting them despite the long battling issue with the SEC. I believe this will change the views of many individuals who thought that XRP was useless and nothing.

It is a great step for XRP but I'm not sure if this will help to grow their price or remain of being controlled and kept low. 

I think the title should be changed considering it's not really an airdrop rather just a raffle draw for those who will trade on their exchange. I don't know what's catching there but it really looks like they're just alluring users to trade on them rather than with a  possible airdrop.

If eth got a lot of dapps with retroactive airdrops. I guess its safe to say xrp has their own style. Its keeping tabs on the active community for each coins. Most users prefer the eth community tokens which under their erc20 tokens but some also like the flexibility of xrp airdrops. Not an xrp fan but most tokens there related got some good profits too. This is as per my friend who are fond of xrp ecosystem.

This is a weak attempt to stay relevant. XRP is a dead shitcoin and will stay dead… This coin was supposed to change banking and it did nothing but being another vehicle for the pump and dumpers. If you are looking for a coin that really delivered its promise, don’t look further, btc has been here for years. Xrp is not even a crypto. It is a premined security. I can’t believe why the SEC haven’t shut it down yet. “Investing” in xrp is like throwing your money away. Only the xrp founders benefit because their initial cost for their shares is zero. (They printed it out of thin air)

I don't know much about XRP and their airdrops
since I hardly pay attention to most of the cryptocurrency since they aren't that favourable to me except few coin like ETH BNB and LTC, but what I sense from this is that this may likely be another good strategy to lure more people into holding most of the coin since bull run is around the corner, I know it will generate more buy/sell to attract much attention.

Official tweet [1] mentions 'prize draw' which is proper choice of word because it's actually a draw, every $20 you trade grants you 1 entry to raffle while site you linked stats the term airdrop, which I would say is wrong interpretation of real thing. Although, it's certainly more alluring, because it's the term which made me click your post.

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[1] https://twitter.com/UpholdInc/status/1717261296373002614

Source: https://cryptopotato.com/ripple-xrp-airdrop-incoming-at-this-cryptocurrency-exchange-but-theres-a-catch/

If you have been an Uphold user and was trading/holding XRP for quite sometime, there is an upcoming airdrop for the users.

However, I have noticed that only US customers of Uphold are qualified for this airdrop which means the rest of the countries are not eligible.

After Uphold teamed up with Ripple Labs, they have increased their total airdrop allocation from 10,000 to 20,000 XRP. It was known that Uphold did not abandoned and removed XRP from the list of their supported cryptocurrencies during the Ripple’s 3-year legal battle with the US SEC.

And it was all paid off due to their recent victory over SEC which is why they have forged a strong partnership recently.

What are your thoughts and reactions about this one guys? Would love to hear it from the community. Thanks!