Flare Tokens Airdropped to XRP Holders After Two Years; FLR Price Plummets 70%

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Flare Tokens Airdropped to XRP Holders After Two Years; FLR Price Plummets 70%
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Almost 4.3 billion flarenetworks FLR tokens were shared and distributed to XRP holders who held at least one token during a snapshot in December 2020. By shauryamalwa

Flare’s FLR tokens were finally distributed to XRP holders, starting Monday night, after a nearly two-year-long wait in an event that generated massive chatter among community members.

The airdropped tokens currently represent 15% of the project’s total supply, with the remaining scheduled to be distributed over the next three years.

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