For real? Japanese Firm Wants To Airdrop This Crypto To XRP Holders!

<p>&nbsp;"It is true that this crypto exchange will airdrop, but there are conditions, you know."</p><p><br /></p><p>GMO Coin, a cryptocurrency exchange operating under Japanese IT giant GMO Internet Group will airdrop Songbird (SGB) tokens to eligible Ripple (XRP) users on September 29, 2023.</p><p><br /></p><p>The crypto exchange will give SGB to users who hold XRP in GMO Coin accounts after December 12, 2020 and users who use the digital asset lending service.</p><p><br /></p><p>However, individuals who wish to receive an SGB airdrop should submit a photo of their XRP holdings first, but be aware that the standard price used for the distribution will be revealed later.</p><p><br /></p><p><br /></p><p>In addition to stating that customers are free to sell or send their XRP holdings after providing the proof, GMO Coin also said that the distribution will be converted to Japanese yen and they can get it by the end of this month.</p><p><br /></p><p>Currently, SGB price recorded a 0.42% jump at $0.004 in the last 24 hours with a market capitalization of $588 thousand but still saw a 3.46% decline over the last week.</p><p><br /></p><p>Concern among XRP investors erupted over the past few months when there were several developments and events that could have a small or large impact on the digital asset.</p><p><br /></p><p>However, the price of XRP managed to climb over 70% in mid-July 2023 after Judge Analisa Torres ruled in favor of the digital asset, which has long faced a legal battle with the Securities and Exchange Commission (SEC).</p><p><br /></p><p>Like to be informed that many analysts believe that XRP's future will be bright following the digital asset's successful victory in court.</p>