#XRP š¾ Needed to Enter Top 10% and Top 1% of the XRP Rich List
In contrast, the capital with which new entrants could procure these tokens has increased. Specifically, data shows that investors who hold at least 2,433 XRP are now part of the top 10% on the XRP Rich list. Notably, only about 679,990 accounts hold up to this amount, representing 10% of the total 6.799 million XRPL wallets.
Interestingly, the amount of XRP necessary to enter the top 10% was relatively higher nearly a month ago when The Crypto Basic provided an update on the XRP rich list at the time. Specifically, on July 7, investors needed to hold at least 2,486 XRP to be part of the top 10.
At the time, the 2,486 XRP were worth $5,643. Today, while they need 2,433 XRP to hit the top 10%, the tokens are worth $7,299. This represents an increase of nearly $2,000 to enter the top 10 in less than a month despite the number of tokens seeing a drop.
This trend also prevailed across other tiers of addresses within the XRP rich list. For instance, on July 7, one needed to hold 8,758 XRP worth $19,880 to be part of the top 5%. Today, the investor would have to possess 8,517 XRP, currently worth $25,551, to enter this tier, an increase of over $5,000.