Crypto Founder: Most People Will Never Own Anything Near 1,000 XRP
Edoardo Farina, founder of Alpha Lions Academy and a known advocate for XRP, has recently drawn attention to the widening gap in XRP ownership. According to Farina, the opportunity to own 1,000 XRP tokens is becoming increasingly unrealistic for many individual investors. At the current market rate, approximately $2.33 per token, this would require a capital outlay of $2,330, an amount that may be inaccessible to many retail participants. Historical pricing data further underscores this shift. In November 2024, XRP traded at under $0.50, allowing investors to purchase 1,000 tokens for roughly $490. Since then, XRP’s value has seen a sharp rise, increasing more than five times in just seven months. Most people will NEVER own anything near 1,000 $XRP . — EDO FARINA 🅧 XRP (@edward_farina) May 10, 2025 Wallet Data Reflects Ownership Inequality Data from the XRP Ledger shows that a large portion of XRP wallets hold relatively small amounts. Of the approximately 6.5 million XRP addresses in existence, over 5 million wallets contain less than 500 XRP each. More precisely, about 2.7 million wallets hold between 0 and 20 XRP, while 2.5 million hold between 20 and 500 tokens. Combined, these figures indicate that around 81% of XRP holders manage portfolios with fewer than 500 tokens, far below the 1,000-token benchmark. Analysts and commentators suggest that as XRP continues to increase in value, the number of wallets with holdings above 1,000 XRP is likely to shrink further. This trend is often described as the gradual exclusion of small investors from significant ownership due to escalating entry costs. Arguments in Favor of Holding 1,000 XRP Despite the challenges of acquiring larger amounts, many within the XRP community view the 1,000-token mark as a meaningful financial milestone. Advocates argue that holding this amount could result in considerable returns if XRP meets certain future price targets. Some projections indicate that if XRP were to reach $100, a 1,000-token holding would be valued at $100,000. More optimistic forecasts suggest that if the asset hits $1,000 per coin, such a portfolio could be worth $1 million. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Forecasts Vary Widely Among Experts The timeline for XRP to reach these valuations is highly contested. Some analysts, such as Javon Marks, have expressed confidence that XRP could hit the $100 mark within the near term. Others are more conservative. Researchers at Telegaon, for example, estimate that XRP might reach $100 by 2040. Meanwhile, Matthew Brienen, COO at CryptoGuard, has made the case that XRP could rise to $1,000 by 2035. In contrast, financial analyst Rajat Soni has called such projections unrealistic, arguing that even a $100 valuation would require an unsustainable market capitalization. While the idea of holding 1,000 XRP remains a goal for some investors, current trends suggest it may be increasingly difficult to achieve for the average individual. As price gains continue and ownership data reflect rising inequality, XRP may become less accessible to retail participants aiming for meaningful exposure. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Crypto Founder: Most People Will Never Own Anything Near 1,000 XRP appeared first on Times Tabloid .
Original article from timestabloid
Source: timestabloid
Published: May 20, 2025