Ripple has announced a special XRP awards event to show the appreciation of its community. This event is a way for Ripple to thank the supporters who supported the company during its long legal battle with the Securities and Exchange Commission of the United States (SEC).
The Rewards event is open to everyone in the Ripple community. Eligible users can claim free XRP tokens by registering depending on their location and account. After registering, participants will go through a rapid eligibility check.
Ripple clearly indicated that the event is simple and accessible for all active members of its network.
How to claim your XRP
Ripple promises an easy process to claim awards. Community members just need to follow the instructions shared by Ripple to collect their XRP tokens. All the details on the eligibility rules, the complaint stages and when the awards are distributed should be announced soon on the official Ripple chains.
XRP market update: the price is stable
The price of XRP increased by around 3%, trying briefly to exceed the $ 2.25 mark. The token continues to have a strong support between $ 2.14 and $ 2.27, remaining stable even if the wider cryptography market experiences ups and downs.
Although the reward event has aroused interest, the XRP prize remains in a tight range for the moment. Market observers believe that an bullish escape around $ 2.41 is possible in the near future, but the market currently seems calm and stable.
Ripple’s activities move
In addition to the award event, Ripple’s commercial decisions have drawn attention. Reports have recently suggested that Ripple planned to buy Circle, the company behind the USDC Stablecoin. Although the agreement has not occurred, the recent purchase of Ripple from Fintech Hidden Road for $ 1.25 billion shows the solid financial situation and plans to grow beyond the major XRP book.
