Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
XRP Rich List Reveals the Number of Participants in the Top 10 is Shockingly Low
The latest data on the XRP Rich List has once again become a topic of discussion in the community as it reveals the exact amount of XRP needed to rise to the ranks of the wealthiest holders. Shared by the cryptocurrency analyst “Good Morning Crypto” and later confirmed by the community platform rich-list.info, it shows a surprising trend: currently, joining the top 10% of XRP holders is easier than it was just a few weeks ago.
How Much XRP Do You Need to Get into the Top 10%? As of now, owning 2,396.7 XRP is enough to place you in the top 10% of cryptocurrency wallets. With the current price of about $3 per token, this amount is equivalent to approximately $7,190. To compare, at the beginning of this month, the required threshold was 2,433 XRP. This means that the actual input requirement has decreased by 32 XRP, although the number of wallets in this category has increased by nearly 11,000 to 690,984. Advance to Co Less To climb up to a higher level, the top 5% of holders currently need about 8,370 XRP (k about 25,110 dollars ), slightly down from the beginning of August when this number was 8,517 XRP. To enter the top 1%, a holder needs 50.025 XRP ( about 150.075 dollars ). The top 0.1% super exclusive requires 350.492 XRP, worth over 1 million dollars at current prices. However, the distribution of XRP primarily to individual investors makes its rich list more accessible compared to coins dominated by a few whales. What Does This Mean for the Price of XRP? The changes in this list occur as the price of XRP is still in a tight consolidation phase. The daily chart shows that XRP is consolidating around the $3.01 level, with the Bollinger Bands narrowing between $2.81 and $3.30, indicating an impending volatility breakout. The Relative Strength Index (RSI) is at 49.3, indicating a neutral zone with no overbought or oversold conditions. Meanwhile, the MACD line is moving sideways near 0, suggesting hesitation but potential for strong volatility as upward momentum builds.
Accumulation/distribution data continues to show stable capital inflow, reflecting the fundamental interest of investors even during the consolidation process. If XRP confirms a bullish breakout, the immediate resistance level is at $3.30, followed by stronger targets near $4. On the downside, the support level is $2.81, and if this level is not held, the price could drop to $2.50.