• 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

a year 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Chainlink CCIP v16 Upgrade Enhances Interoperability with Solana Support

chest

Chainlink has announced the release of its CCIP v16 upgrade, which enhances interoperability by introducing support for Solana and improving flexibility across various virtual machine designs.

user avatarBayarjavkhlan Ganbaatar

XRP Holds Above Key Psychological Level Amid Market Uncertainty

chest

XRP is trading around the critical $1 level, which is being closely monitored by traders as the cryptocurrency market awaits direction.

user avatarMohamed Farouk

Open Standard Launches Open USD Stablecoin to Challenge Market Leaders

chest

Open Standard has launched Open USD, a dollar-backed stablecoin supported by over 140 businesses, aiming to challenge market leaders Tether and Circle.

user avatarElias Mukuru

Solana's Price Drops Below 80 Amidst Ongoing Ecosystem Development

chest

Solana's price has fallen below the 80 mark, raising caution among traders, but the ecosystem continues to grow with real-world assets and DeFi activities.

user avatarDiego Alvarez

Revised Editorial Guidelines Target Improved Content Quality.

chest

A new editorial policy has been established to ensure accuracy, relevance, and impartiality in content.

user avatarKenji Takahashi

New Editorial Policy Launched to Ensure Content Quality

chest

A new editorial policy has been established to enhance the quality of content.

user avatarMaria Fernandez

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.