• 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

Bybit's Institutional Strategy Unveiled at BIG Series Gala

chest

At the BIG Series Bybit Institutional Gala in Dubai, CEO Ben Zhou unveiled Bybit's institutional strategy, highlighting the significance of the VAPO license and the need for regulatory compliance in the digital finance industry.

user avatarMaria Fernandez

Kevin Hassett Proposes Aggressive Rate Cuts Amid Strong Economic Data

chest

Kevin Hassett suggests that strong economic data could justify a more aggressive Federal Reserve rate cut than currently anticipated.

user avatarKenji Takahashi

Ethereum ETH Continues to Lead in Blockchain Innovation

chest

Ethereum ETH continues to lead in blockchain innovation, supporting thousands of applications and providing scalable solutions.

user avatarGustavo Mendoza

Diverse Memecoins Showcase Unique Value Propositions

chest

The current crypto market features a variety of memecoins, each with unique value propositions.

user avatarRajesh Kumar

BlackRock's Bitcoin Transfer Raises Speculation

chest

BlackRock's transfer of over 2,000 BTC to Coinbase has raised eyebrows and speculation regarding the firm's expectations for the Federal Reserve's meeting.

user avatarMiguel Rodriguez

MGX's Vision for AI Infrastructure Development

chest

MGX is focusing on large-scale AI data center and energy investments to accelerate responsible and inclusive AI development following its $40 billion acquisition of Aligned Data Centers.

user avatarLuis Flores

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.