The Sologenic Development Foundation will give away $ 860 million in SOLO tokens. Altcoin developers claim this is the largest cryptocurrency giveaway ever held in the industry.
Binance, the largest cryptocurrency exchange in terms of trading volume, announced on December 21 that it will support the free distribution of Sologenic (SOLO) tokens to Ripple (XRP) holders. The number of SOLO tokens depends on the amount of XRP the user holds.
The Sologenic Development Foundation announced an airdrop on December 14th. The fund will distribute 200 million SOLO tokens to XRP holders.
A snapshot of the airdrop wallets will be taken on December 24th at 23:00 UTC. It is currently unknown when users will receive the tokens.
On December 21, the SOLO token is traded at $ 4.3. This means that in total XRP holders will receive SOLO for $ 860 million.
The Sologenic Development Foundation noted that at the moment this is one of the largest airdrops that have ever been carried out in the crypto industry.
Sologenic is an ecosystem for digital asset trading powered by the XRP Ledger blockchain.
