The long-awaited airdrop of the FLR token is unceremoniously dumped by most of the XRP community.
A long wait
Two years ago, a project called Flare Networks promised to bring smart contract functionality to the XRP ecosystem by airdropping a new token called FLR to all XRP holders.
Beginning on Monday, that airdrop finally happened and the FLR token has been made available for trading on a number of decentralised exchanges, but the reaction from the market has been less than enthusiastic.
Price plunges
As soon as the FLR tokens were made available, the price immediately dropped by 73%, a clear indication that traders and investors have not been impressed by the long-awaited airdrop.
This can be attributed to a variety of factors, including the overall bearish sentiment in the crypto market, as well as a lack of enthusiasm for the Flare Network project itself.
Issues
Many have criticised Flare for taking so long to deliver on their airdrop promise, and there are also concerns about
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