The XRP community has received an updated entertaining ranking ladder classifying token holders into marine-themed ranks based on their investment levels.
The XRP Ranking Ladder
XRP holders have been assigned new titles based on their token holdings. From more than 100,000 XRP as 'Big Whale' to holders of one or more tokens as 'Worm'. This hierarchy has sparked active debates within the community, where users humorously discuss their ranks.
XRP Holder Distribution
The ranking ladder also provides analytical insight into token distribution. According to the 'XRP Rich List', the top 10% of holders possess at least 3,029 XRP, whereas the top 0.01% hold 7,474,260 XRP or more. This data highlights the asset's concentration among a small investor group, crucial for understanding ownership structure within the ecosystem.
Current XRP Market Overview
At the time of the report, XRP is trading at approximately $2.31. This rate indicates a slight increase of 0.074% from previous levels, showcasing the currency's stability amidst a volatile market.
The updated XRP holder ranking ladder, presented by JackTheRippler, has become not only a source of light-hearted community engagement but also provides insight into token distribution among holders.
