Hello Everyone,
I am good and I hope that you are doing well. Today in this video I have talked about the XRP faucet that is ongoing on Gemini crypto exchange. gemini is AUS based exchange that disabled the trading for xrp coin when SEC did a lawsuit and now they have listed it back. Xrp coin is listed on almost every exchange based in the United States and it is because there has been some good news for the xrp community and we can also call it a partial win. Although the SEC has confirmed that they will appeal against the case that is a different story and we cannot predict what is going to happen on that stand for now since exchanges are trying to grab the opportunity when we see more trading volume on XRP.
Gemini exchange has listed the coin this week and they have started a daily faucet they distribute a total of 4000 tokens in a day to the eligible users and the major eligibility is that the user must be from the us only. it's because they have listed the token in the US market so they are trying to grab the attention of traders this way by distributing some rewards with them but ultimately they are going to make money out of it and this is just a trick to grab users back who used to trade on their platform. This can be free money if you are in the US and there is no harm in trying because it is ongoing and happens every day at 3:00 PM EST. You can check the Gemini website or their Twitter handle to see the update and yes it is legit and not fake.
Twitter link-
When I got to see these for the first time then I also thought that it is fake because usually this type of distribution is not organised by the leading exchanges but I was wrong as it is legit and you can surely give it a try. XRP coin is a bigger community and even though we know that there has been a lawsuit but still, these coins survived the market now when we see more positive updates coming about it so maybe we can expect better prices in the coming months or probably in the bull cycle whenever it starts. Do you think we can see this token price reaching $5? I can't say anything on this because I don't know how things will work but one thing I can share based on my experience of whatever time I have invested in the market is that this coin will surely have a better value which can be a few dollars in the next bull run cycle.
In the last bull run cycle this coin missed the opportunity to get multi however fold and it is just because of the lawsuit. If things go well then the next bull run cycle can be a great opportunity for the ripple holders as they might be able to make good money out of it since they must be able to buy when the price was at literally very low which we can call it the rock bottom price.
Thank you so much for your time
Have a great day
▶️ 3Speak
https://leofinance.io/threads/alokkumar121/re-alokkumar121-mrmfyy37
The rewards earned on this comment will go directly to the people ( alokkumar121 ) sharing the post on LeoThreads,LikeTu,dBuzz.
Wow bro, this is very big news for the crypto market. And very soon we will see crypto currency becoming legal. Today is going to be considered a very big day. And only small victories lead us to the big victory.
Its good to earn free money but this is only for US users at the moment. May be they can come up with something in future for everyone and that can an even better opportunity to earn some.
It means the user( especially for belong to US) who is using or signing up over Gemini exchange can be eligible for some amount of XRP token everyday?
Sounds is pretty good but it is a offer for some particular native not for everyone. I have some amount of XRP and waiting for bull run.
This is for the existing US users and they can claim is it daily until this campaign is running. Its a good offer indeed and nice that you also hold xrp so keep on holding and wait for bull run.
I am hearing lots about XRP and it seems like this bull run is going to be good for Ripple, unlike last bull season. And yes $5 is not a big deal for the XRP because XRP is really doing great and this is the cryptocurrency that maintained its position in the top 10 for a long time. Thanks for the information.
I hear that Gemini is giving some free Airdrop daily. Is it true?
yes its true and its only for US users.