If You Are in Top 10%, 5%, and 1% on XRP Rich List, Here’s What You Would Make if XRP Hits $10

If XRP claims the $10 price, such a move would have a massive impact on investors with the top 10%, 5% and 1% balances on the XRP rich list.

While XRP has observed bearish pressure over the past few weeks due to broader market turbulence, investors and analysts alike remain confident in its long-term prospects. For instance, EGRAG Crypto has insisted that despite the recent declines, XRP has maintained a bullish structure on the 1-month timeframe.

The XRP to $10 Projections

Amid the bullish disposition, some have suggested that XRP may target $10 once a recovery push emerges. For instance, market analyst CryptoBull recalled how some critics argued that XRP could not surpass $0.5, $1, or even $2. He insisted that these critics would return once XRP eventually claims $10.

Interestingly, market commentator Zach Rector has also expressed confidence in XRP’s potential to hit a two-digit price. Last month, he suggested that the community could erupt into a riot once XRP reaches the $10 price level. 

Notably, this is largely true, as an XRP run to $10, representing a 336% increase from the current price of $2.21, would have a massive impact on the holdings of XRP investors. Specifically, those sitting among the top 10% up to the top 1% on the XRP rich list could witness some impressive gains.

How Much the Top 10%, 5% and 1% Will Make if XRP Hits $10

For context, the community-driven XRP rich list resource confirms that the addresses within this bracket have continued to increase as total XRPL wallets surge past the 7.2 million mark. 

In particular, there are now 723,457 addresses in the top 10% category, with each address holding at least 2,323 XRP. Meanwhile, for the top 5%, 361,729 addresses exist in this bracket, with balances of at least 8,067 XRP. Notably, the top 1% contains just 72,346 wallets, and each of them holds a minimum of 49,999 XRP.

With XRP currently changing hands at $2.21, investors in the top 10%, 5% and 1% respectively hold XRP tokens worth at least $5,319, $18,473, and $111,497. If XRP price rallies to the $10 level, the balance on the top 10% would surge to at least $23,230, while the top 5% would see an increase to a minimum of $80,067. Meanwhile, the top 1% will see their holdings spike to at least $499,990.

Essentially, in such a scenario, all addresses within the top 10% would make at least $17,911, with the ones among the top 5% seeing profits of at least $61,594. However, those sitting among the top 1% would make a minimum of $388,493. This shows how higher investments lead to greater profits. However, they also result in greater losses when things go sideways.