• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Edo Farina Updates XRP Holder Ranking System: What’s New?

user avatar

by Giorgi Kostiuk

2 years ago


Edo Farina, CEO of Alpha Lion Academy, recently introduced an updated ranking system for XRP holders, highlighting investor tiers based on XRP quantity.

The New XRP Classification System

Edo Farina proposed a classification of XRP holders into nine categories, including 'Big Whale', 'Whale', 'Shark', and others. Each category represents a specific range of XRP holdings required to attain that rank.

Financial Commitment to XRP Tiers

With XRP priced at $2.30, entry requirements into these categories vary greatly. To reach the 'Big Whale' level, investors need 100,000 XRP, equating to $230,000. The 'Whale' category requires half that amount, and the 'Shark' tier involves holding 10,000 XRP, costing $23,000.

Farina’s Investment Perspective

Edo Farina is a vocal advocate of XRP's potential as a transformative asset within the financial ecosystem. He emphasizes the importance of holding significant amounts of XRP, especially in light of its potential in cross-border payments.

Edo Farina's updated XRP ranking system offers investors a clear understanding of their standing in the community and the requirements to advance their position.

chest
chest
chest

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Coinbase Emphasizes Editorial Standards in New Report

chest

Coinbase has published a report that emphasizes its strict editorial policy focusing on accuracy, relevance, and impartiality.

user avatarKaterina Papadopoulou

New Report Released by SEC

chest

A report has been released based on information provided by the SEC, aimed at informing the public about relevant data and increasing transparency regarding its activities.

user avatarMaya Lundqvist

Wintermute Emphasizes Editorial Standards in New Report

chest

Wintermute has published a report that emphasizes its strict editorial policy focusing on accuracy, relevance, and impartiality.

user avatarLeo van der Veen

Bank of Russia Introduces New Crypto Trading Framework for Ordinary Investors

chest

The Bank of Russia has introduced a draft directive allowing nonqualified investors to trade cryptocurrencies with a limit on annual purchases.

user avatarLi Weicheng

Github Unveils New Report on Editorial Policy

chest

Github has released a new report outlining their strict editorial policy, emphasizing accuracy, relevance, and impartiality to enhance trust and transparency.

user avatarAisha Farooq

Bank of America Sets Bullish Price Target for AMD Stock

chest

Bank of America Securities analyst Vivek Arya has set a bullish price target for AMD stock, predicting it could reach 620.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.