Crypto Assets Guy, a notable crypto expert, recently outlined an update to the XRP Rich List, giving an overview of the distribution of XRP among various holders.
Key Data from the XRP Rich List
According to the updated data, to be in the top 10% of XRP holders, one must hold at least 3,029 XRP. This threshold gradually increases as the percentage rank gets smaller: 10,125 XRP for the top 5% and 13,936 XRP for the top 4%. The top 3% hold a minimum of 20,080 XRP, while those in the top 2% own at least 31,530 XRP. The top 1%.requires 61,476 XRP. The chart reveals that the gap between holders becomes even more pronounced at the highest levels. The top 0.5% control 110,001 XRP or more, while the top 0.2% possess over 236,113 XRP. At the highest tier, the top 0.1% hold at least 418,468 XRP, and to be among the elite 0.01%, an account must contain over 7,474,260 XRP. This data highlights the concentrated ownership of XRP among a small percentage of holders, with the largest sums being controlled by only 532 accounts.
Exclusivity of the XRP Community
Crypto Philosopher, a noted crypto analyst, recently highlighted the exclusivity of the XRP community by comparing the number of XRP wallets to the world’s population. He pointed out that XRP holders make up only 0.0006% of the global population, while the top 1% of holders represent just 0.00000006%. Data shared by Crypto Assets Guy further accentuates the exclusivity connected with larger XRP holdings. The XRP Rich List offers insightful data for investors looking to gauge their position within the digital asset ecosystem. It provides a detailed view of how much XRP is held by top-tier investors.
Conclusion
The XRP Rich List showcases a significant concentration of cryptocurrency among a small number of holders. This information is valuable for those wanting to understand their standing in the XRP market and make informed decisions in such a rapidly moving field.
The updated XRP Rich List data highlights a significant concentration of cryptocurrency among a small percentage of holders. It underscores the importance of understanding asset distribution for a more strategic approach to investing in XRP.
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