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Owning 10,000 XRP? You’re Among Crypto’s Elite, Expert Claims

  • Crypto entrepreneur Edoardo Farina believes owning more than 10,000 XRP has become a luxury few can afford, causing many to sell to cover basic expenses.
  • Less than 4% of the 6.55 million XRP wallets hold at least 10,000 XRP, highlighting the concentration of wealth among a small group.
  • Farina warns that rising inflation is pressuring small holders to sell off their XRP to meet daily needs, transforming XRP from a luxury to a struggle for survival.
  • He advises holders to seek new income streams instead of selling off their XRP, emphasizing the importance of rethinking how they earn amidst growing concerns over the widening gap between small and large holders.

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