💥 𝐄𝐥𝐢𝐭𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬
As XRP's value climbs steadily, maintaining a spot among the top wealth brackets is becoming increasingly challenging for investors.𝐄𝐝𝐨 𝐅𝐚𝐫𝐢𝐧𝐚, 𝐂𝐄𝐎 𝐨𝐟 𝐀𝐥𝐩𝐡𝐚 𝐋𝐢𝐨𝐧𝐬 Academy, highlights a critical trend: the threshold to rank among the top 10% of XRP holders is dropping, but the associated costs are rising sharply. He predicts that if XRP hits $100, only a select few thousand wallets will remain in this exclusive group.
In mid-2024, owning approximately 3,300 XRP was required to join the top 10%. At the time, with 𝐗𝐑𝐏 𝐩𝐫𝐢𝐜𝐞𝐝 𝐚𝐭 $𝟎.𝟒𝟕, this would have cost $1,551. By January 2025, the barrier has fallen to 𝟐,𝟓𝟗𝟗 𝐗𝐑𝐏, but the current price of over $2.40 per token now demands an investment of $6,263 to secure this status. With 5.85 million wallets holding XRP globally, only 585,248 wallets qualify for the top 10% with balances exceeding 2,599 XRP. The top 1% tier is even more exclusive, consisting of just 58,000 wallets holding over 𝟓𝟔,𝟑𝟎𝟒 𝐗𝐑𝐏, valued at $135,000 today.
Farina emphasizes the growing difficulty of maintaining these positions as 𝐗𝐑𝐏’𝐬 𝐩𝐫𝐢𝐜𝐞 rises. He urges investors to act quickly, warning that many could be priced out of these elite brackets if they delay. Additionally, Farina raises concerns about the lack of self-custody among XRP holders. Of the 𝟓𝟎𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐜𝐫𝐲𝐩𝐭𝐨𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐲 users globally, only about 20 million use self-custody wallets, and for XRP, this figure is estimated to be around half a million.
To secure long-term wealth, Farina stresses the importance of self-custody, warning against the risks of storing assets on exchanges. As $XRP ’s value increases, controlling your tokens independently can safeguard your investments and ensure you remain in the top tier of holders. This approach offers both financial security and the ability to capitalize on the token’s future potential.
Disclaimer: This article is intended for informational purposes only and should not be considered financial advice. Always conduct thorough research before making investment decisions.
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