Owning 10,000 XRP? You’re Among Crypto’s Elite, Expert Claims
Summary
Most individual XRP holders face challenges as inflation and tight budgets limit their options. Owning more than 10,000 XRP, costing about $23,100, is difficult for those living paycheck to paycheck. Less than 4% of 6.55 million XRP wallets hold at least 10,000 XRP, with over 5 million holding 500 or fewer. Rising inflation forces small holders to sell XRP for daily needs, with 99% at risk of being priced out. Farina suggests finding extra income instead of selling crypto. Legal news and product launches could impact XRP's future, but the gap between small and large holders may widen.