๐ฅ ๐๐ฅ๐ข๐ญ๐ ๐๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ
As XRP's value climbs steadily, maintaining a spot among the top wealth brackets is becoming increasingly challenging for investors.๐๐๐จ ๐ ๐๐ซ๐ข๐ง๐, ๐๐๐ ๐จ๐ ๐๐ฅ๐ฉ๐ก๐ ๐๐ข๐จ๐ง๐ฌ 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 ๐๐๐ ๐ฉ๐ซ๐ข๐๐๐ ๐๐ญ $๐.๐๐, this would have cost $1,551. By January 2025, the barrier has fallen to ๐,๐๐๐ ๐๐๐, 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 ๐๐,๐๐๐ ๐๐๐, valued at $135,000 today.
Farina emphasizes the growing difficulty of maintaining these positions as ๐๐๐โ๐ฌ ๐ฉ๐ซ๐ข๐๐ 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 ๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ซ๐ฒ๐ฉ๐ญ๐จ๐๐ฎ๐ซ๐ซ๐๐ง๐๐ฒ 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 โs 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 tokenโs 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.
#BitcoinHashRateSurge #xrp #TrumpBTCBoomOrBust #BTC100KTrumpEffect #Write2Earn!