Ann $XRP X commentator Austin is urging holders to rethink how they measure wealth in the crypto market.
In a recent post, he urged investors to forget about being in the top 1% in dollar terms and instead focus on being in the top 1% in dollars. $XRP. This message is consistent with the general argument within the community that token accumulation rather than fiat valuation should be the primary goal.
Important points
- $XRP Pundit Austin urges holders to chase top 1% $XRPnot dollars.
- To rank in the top 1% you need 46,277 in your wallet $XRP;Only 76,580 eligible holders.
- $1.44 each $XRPit currently costs about $66,638 to be in the top 1%.
- if $XRP If it reaches $10, that stack could be worth more than $464,000.
What it takes to be in the top 1%
Current wealth list data shows that it ranks in the top 1%. $XRP For holders, your wallet must hold at least 46,277 pieces $XRP. Currently, only 76,580 wallets meet this criteria out of approximately 7.65 million owners.
and $XRP Traded around $1.44 and earned $46,277 $XRP It requires an investment of approximately $66,638. While this number may seem significant, proponents argue that a long-term upward trend could make today’s prices seem modest in hindsight.
if $XRP For example, it would amount to $10, such as $46,277. $XRP The portfolio value would be $464,277. In that context, Austin’s message suggests that accumulating tokens now may be more important than tracking short-term dollar rankings.
broader $XRP holder scenery
This data also shows how concentrated the top tier is. To be in the top 5%, holders need at least 7,733 $XRPthis bracket is occupied by 382,898 wallets. Top 10% requires 2,229 $XRP765,796 wallets.
On the other hand, the majority of participants hold much smaller balances. Over 3.72 million wallets contain 0-20 $XRPanother 2.55 million people hold between 20 and 500 people. $XRP. This means that most holders are well below the threshold required for the top wealth tier.
This distribution highlights why some commentators emphasize steady accumulation. Migrating from hundreds $XRP In the thousands, an investor’s position on the wealthy list can change dramatically.
change perspective
Austin’s comments highlight a common shift in thinking among long-term people. $XRP Supporters. Rather than comparing net worth in dollars, the focus is on how much of the assets are under control compared to the entire holder base.
as $XRPThe price of will fluctuate, and so will the dollar value required to get into the upper bracket. therefore, $XRP Investing in the top 1% will be expensive for most retail investors.
Whether or not $XRP Whether it will ultimately reach above $10 remains unclear. But for some in the community, the goal is to climb the mountain. $XRP Create the rich list first and then add the dollar value.
