XRP is one of the most talked about-about cryptocurrencies, but few people understand how small it really holds the base. Although there are 6.4 million XRP wallets, it does not mean that there are 6.4 million people holding XRP. Many users, especially those who have experienced, hold many purses for a variety of purposes such as trading, storage, and security.
In fact, a large number of these purses are inactive, free of charge, or among exchanges such as Binance and stance. Others may contain only a small amount of XRP, which is often referred to as “dust” dompets. Based on blockchain data and AI review, approximately 30 to 40 percent of these dominates are actually used by individuals who hold.
As Edo Farina explained, This means that the real number of people holding XRP is smaller – elsewhere between 1.5 and 2 million worldwide. That is less than 0.03 percent of the global population. To put it simply, fewer than one out of every 4,000 people on the planet currently holding XRP.
So, how much XRP do you need to consider to be a leading holder? According to the latest data, the owner of only 2,500 XRP puts you in the top 10 percent of all XRP wallets. At current market prices, that's about $ 5,000. While it is not as easy as before, it is still a value to reach for many investors.
There is a common belief that if the XRP reaches high value – say $ 1,000 – elites or governments will not allow regular people to earn. But when you look at the numbers, the situation is different.
Although 2.5 million wallets each will be held 250 XRP and the XRP hits $ 1,000, each person will make $ 250,000. That's a great return, but not enough to interrupt global financial systems or draw serious attention from regulators. And realistic, most people are not likely to handle XRP until it reaches high prices. Many will cash out early – at $ 10, $ 50, or $ 100.
