An XRP commentator on X, Austin, is urging holders to rethink how they measure wealth in the crypto market.
In a recent post, he urges investors to forget about being in the top 1% in dollars and instead focus on being in the top 1% in XRP. The message aligns with popular calls within the community that accumulation of tokens, not fiat valuation, should be the primary goal.
Key Points
- XRP pundit Austin urges holders to chase the top 1% in XRP, not dollars.
- To rank in the top 1%, a wallet needs 46,277 XRP; only 76,580 holders qualify.
- At $1.44 per XRP, entering the top 1% costs about $66,638 today.
- If XRP hits $10, that stack could be worth over $464,000.
What It Takes to Be in the Top 1%
Current rich list data shows that to rank among the top 1% of XRP holders, a wallet must hold at least 46,277 XRP. At present, only 76,580 wallets out of roughly 7.65 million holders meet this threshold.
With XRP trading around $1.44, acquiring 46,277 XRP would require an investment of approximately $66,638. While that figure may seem significant, supporters argue that the long-term upside could make today’s prices look modest in hindsight.
If XRP were to reach $10, for example, a 46,277 XRP portfolio would be valued at $464,277. In that context, Austin’s message suggests that accumulating tokens now may matter more than tracking short-term dollar rankings.
The Broader XRP Holder Landscape
The data also shows how concentrated the higher tiers are. To enter the top 5%, holders need at least 7,733 XRP, a bracket occupied by 382,898 wallets. The top 10% requires 2,229 XRP, with 765,796 wallets qualifying.
Meanwhile, the majority of participants hold far smaller balances. Over 3.72 million wallets contain between 0 and 20 XRP, and another 2.55 million hold between 20 and 500 XRP. This means most holders are well below the thresholds required for the upper wealth brackets.
The distribution highlights why some commentators emphasize steady accumulation. Moving from a few hundred XRP to several thousand can significantly shift an investor’s position on the rich list.
Shifting Perspective
The comment from Austin highlights a mindset shift common among long-term XRP supporters. Rather than comparing net worth in dollars, the focus is on how much of the asset one controls relative to the total holder base.
As XRP’s price fluctuates, the dollar value required to enter the top brackets changes. Accordingly, the XRP investment to enter the top 1% becomes expensive for most retail investors.
Whether XRP eventually reaches $10 or higher remains uncertain. But for some in the community, the goal is to climb the XRP rich list first, and let the dollar value follow later.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
