Here’s How Much XRP You Need to Join the XRP Rich List as It Becomes Part of the US DAR🚀💰
With former President Donald Trump naming XRP as part of the U.S. national digital asset reserve, the spotlight is now on how much XRP you need to join the ranks of the wealthiest XRP holders. 🌟
As part of his campaign promise, Trump ordered the creation of a national digital asset strategic reserve, which includes XRP alongside other cryptocurrencies. This move has sparked significant interest among crypto investors, many of whom are now aiming to secure a spot among the top XRP holders. 📈
XRP Rich List: The Breakdown** 📊
Currently, there are **6.22 million XRP holders** globally, but only a fraction of them meet the minimum requirements to enter the XRP rich list. Here’s what it takes to join the elite ranks:
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Top 10% Largest XRP Holders** 🥉
- **Minimum XRP Required:** 2,504 XRP
- **Current Cost:** ~$6,886 (at $2.75 per XRP)
- **Addresses in This Tier:** 622,815
To rank among the top 10% of XRP holders, you’ll need at least 2,504 XRP. This threshold has slightly increased from last month’s 2,501 XRP, reflecting growing interest in the asset.
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Top 5% Largest XRP Holders** 🥈
- **Minimum XRP Required:** 9,101 XRP
- **Current Cost:** ~$25,027
- **Addresses in This Tier:** 311,408
Climbing higher, the top 5% of XRP holders own at least 9,101 XRP. This tier saw a slight decrease in the minimum requirement compared to last month’s 9,122 XRP.
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Top 1% Largest XRP Holders** 🥇
- **Minimum XRP Required:** 52,991 XRP
- **Current Cost:** ~$145,725
- **Addresses in This Tier:** 62,282
For those aiming for the top 1%, you’ll need a minimum of 52,991 XRP. This represents a slight drop from last month’s threshold of 53,212 XRP.
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The Exclusive Top Tier** 💎
- **Minimum XRP Required:** 5.78 million XRP
- **Current Cost:** ~$15.9 million
- **Addresses in This Tier:** 623
The crème de la crème of XRP holders own at least 5.78 million XRP. Before XRP’s November 2024 rally, this amount would have cost just $2.89 million when XRP was trading at $0.50.
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Challenges and Strategies for Joining the Rich List** 🛠️
With XRP’s price surge, joining the rich list has become more challenging for many investors. However, experts like **Edo Farina**, founder of Alpha Lion Academy, recommend using the **dollar-cost averaging (DCA)** strategy to gradually build your XRP holdings over time. 💡
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Whether you’re aiming for the top 10% or the exclusive top tier, the XRP rich list is now more competitive than ever. Will you make the cut? 🤔💼
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