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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Plex Media Server Vulnerabilities Exploited for Cryptojacking

Attackers are exploiting vulnerabilities in Plex Media Server to install unauthorized cryptocurrency miners and a Linux proxy backdoor.

user avatarTomas Novak

Super League Shareholders Approve Metaplanets Bitcoin Treasury Proposal

Super League shareholders approved a proposal for Metaplanets to contribute 2,100 BTC and $25 million to a new US-listed Bitcoin treasury platform.

user avatarKaterina Papadopoulou

Sophon Sets Withdrawal Deadline Ahead of Mainnet Shutdown

Sophon has set a deadline for users to withdraw their assets by November 25 ahead of the shutdown of its standalone chain.

user avatarMaya Lundqvist

Large Hyperliquid Trader Rebuilds Ethereum Short After Significant Losses

A trader on Hyperliquid rebuilt a substantial Ethereum short position worth approximately $16 million after incurring losses of around $469,000.

user avatarLeo van der Veen

Tron Surpasses Ethereum and Solana in Blockchain Fee Revenue

Tron has generated approximately $234 million in chain revenue over the past 30 days, surpassing Ethereum and Solana.

user avatarLi Weicheng

New Reporting Requirements Proposed for Crypto Holders in France

A proposed amendment would require crypto holders to declare self-custodied assets worth over €100,000, with penalties for non-compliance.

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.