How many people currently own XRP?
How many Ripple holders are there? According to data provided by CoinCarp XRP is held by 4,840,747 individual wallets as of February 6, 2024. The top 10 Ripple token holders hold over 11% of the total token supply, and the top 100 hold over 33%.
| Max supply: | 100,000,000,000 XRP |
|---|---|
| Active accounts: | 5,161,443 |
| Total available: | 99,987,678,181 XRP |
| Burned: | 12,321,819 XRP |
| Escrowed: | 39,907,963,926 XRP |
| Owner | Number of XRP | % of Circ. Supply |
|---|---|---|
| Ripple #1 | 1,960,027,012 | 3.57% |
| Ripple #2 | 1,541,294,079 | 2.81% |
| Binance #1 | 1,477,168,712 | 2.69% |
| Uphold #1 | 1,372,766,273 | 2.50% |
Santiment noted that XRP rallied over 25% in twelve days while more wallets holding over 10,000 XRP appeared in the limelight. In particular, their number has now reached 277.62k. Notably, this figure represents the sum of all shark and whale XRP wallets that hold 10,000 XRP tokens and more.
The top 10 largest holders of XRP include two addresses from Ripple, holding 3.69% and 2.90% of the circulating supply respectively, two from Binance with 2.78% and 1.75%, two from Uphold with 2.58% and 1.57%, and one each from Upbit (1.58%), Kraken (1.39%), an unknown holder (1.29%), and Bitbank (1.22%).
These conditions include maintaining the current high inflation rates, establishing XRP as the preferred global cross-border payment currency with minimal competition, and significant tokenization in top global markets. However, this view assigns only a 5% likelihood to XRP actually reaching the $10,000 mark.
Therefore, our XRP price prediction forecasts a price of $1.80 by the end of 2024. Depending on the lawsuit's outcome and crypto market conditions, it could go much higher, potentially reaching $3.10.
The anatomy of fake rumors The origin of this buzz appears to be a tweet from a fake news account, WallStreetBulls, that speculated on a "shift in institutional confidence towards more sustainable and efficient digital assets." This was further amplified by a story on Investing.com, which claimed BlackRock was ...
Investors looking to see XRP at $156.36 would need to hold only 6,395 XRP to make $1 million. Notably, they could procure the 6,395 XRP tokens for $3,464. For the ambitious, a mere 1,916 XRP would be worth $1 million. Interestingly, the 1,916 tokens currently go for $1,038.
XRP is currently supported by more than 100 financial institutions, banks, and payment systems, including Bank of America, PNC Bank, Siam Commercial Bank, Santander Bank, and Standard Chartered Bank. Early in its lifecycle, #ripple targeted banks and financial institutions to adopt the XRP blockchain.
Can XRP ever reach $500?
To reach a price of $500, XRP's market capitalization would need to exceed $260 trillion, which is more than 260 times greater than the entire cryptocurrency market's current capitalization.
The base reserve (now 10 XRP) sets the minimum XRP that must be sent to create a new account, and the owner reserve (now 2 XRP per item) increases an account's reserve for each additional object the account owns in the ledger's state data, such as Offers, trust lines and Escrows.
Can XRP price reach $100? While it's theoretically possible for XRP to reach this price, it would require substantial market shifts or a major supply reduction. If the project were to reform significantly to drive value to the XRP token, there is every chance that XRP could soar to new highs.
Ripple (XRP) is a popular choice among banks worldwide. The network's fast transaction speeds, low gas fees, and energy-efficient consensus make it an ideal cryptocurrency for traditional financial institutions.
Japan and Many More
According to most recent trends, XRP has even surpassed Ethereum (ETH) in Google searches in certain countries (over the past month). Japan, the Philippines, and South Africa are the top 3 nations where Ripple's coin has dwarfed its.
Centralized exchanges
A centralized crypto exchange is similar to a traditional financial institution in which a centralized company acts as an intermediary between transaction participants. Leading centralized crypto exchanges that support XRP trading include Binance, Coinbase, Kraken and Bybit.
If the project were to reform significantly to drive value to the XRP token, there is every chance that XRP could soar to new highs. However, like any investment, there are risks that every investor should consider before making a decision to invest.
XRP went through a consolidation period in the last week of November, but fundamentals and price action show the crypto is primed for a breakout. According to a prominent crypto analyst, XRP is in the perfect position based on its previous price action for an epic rally that could send the price up to $10 or even $50.
In a recent proposal by Edward Farina, the Head of Social Adoption at #XRPUpdate Healthcare, a hypothetical scenario was presented whereby the price of XRP has the potential to see a significant increase, reaching a value of $10,000.
Five DeFi platforms primed to explode in 2024
Scotty the AI ($SCOTTY): A newly emerging AI-based platform with a seamless DEX. Jupiter Perpetuals Liquidity Token ($JLP) : The LP token for the Jupiter DEX. Uniswap ($UNI): The king of DEXs on Ethereum. Aave ($AAVE): A DeFi borrowing and lending platform.
Can XRP reach a dollar?
Will XRP reach $1 any time soon? So XRP should gain plenty of value over time from Ripple's money-transfer operations, and the token also benefits from the market-moving impact of predictable Bitcoin gains. I can't promise that XRP will reach $1 per token in 2024, but the general trend line certainly points upward.
With most XRP future Ripple price predictions however, It's generally expected that Ripple should be worth more in 2024 than it is now, with some pundits suggesting that it could be worth as high as a maximum price of $4.
How safe is XRP? Like any investment, XRP comes with its own unique set of risks. But investing in any cryptocurrency is extremely high risk and one should not expect to be protected. XRP is underpinned by blockchain technology, which ensures secure, fast and cost-efficient transactions.
Even at a price of less than $1, XRP could be a riskier investment than you might think. Currently trading at a super-low price of just $0.65, crypto token XRP (XRP -1.65%) might appear to be wildly undervalued.
However, the firm has put any plans for an IPO on hold for now, Garlinghouse said. Garlinghouse told CNBC in 2022 that Ripple, the company behind the cryptocurrency XRP , will explore a public listing after its lawsuit with the U.S. Securities and Exchange Commission ends.
References
- https://www.tekedia.com/altcoins-to-invest-in-april-2024-that-could-make-you-a-crypto-millionaire/
- https://xrpl.org/blog/2021/reserves-lowered/
- https://thecryptobasic.com/2023/11/01/wallets-holding-at-least-10000-xrp-exceed-277k-as-xrp-rises-25/
- https://www.binance.com/en/square/post/629226
- https://www.binance.com/en-JP/square/post/1153849
- https://www.cnbc.com/2024/01/17/crypto-firm-ripple-explored-ipo-outside-us-but-wont-go-public-soon.html
- https://medium.com/coinmonks/top-10-cryptos-to-hold-become-a-millionaire-in-2025-59b8c5d251cf
- https://www.techopedia.com/cryptocurrency/next-crypto-to-explode
- https://xrpscan.com/balances
- https://coinledger.io/tools/best-crypto-for-staking
- https://www.forbes.com/uk/advisor/investing/cryptocurrency/xrp-price-prediction/
- https://in.investing.com/news/ripple-can-xrp-surpass-1-anytime-soon-4021801
- https://99bitcoins.com/cryptocurrency/next-1000x-crypto/
- https://www.binance.com/en/square/post/3883071671138
- https://www.nasdaq.com/articles/7-cryptos-with-explosive-5x-potential-by-2025
- https://cryptopotato.com/chatgpt-analyzes-if-the-ripple-v-sec-lawsuit-will-be-over-in-2024/
- https://www.binance.com/en/square/post/838074261570
- https://m.economictimes.com/markets/cryptocurrency/crypto-news/these-5-defi-platforms-are-primed-to-explode-in-2024/articleshow/108227977.cms
- https://www.binance.com/en/square/post/1157455
- https://investorplace.com/2024/03/3-cryptos-with-tenfold-growth-potential-by-2026/
- https://www.binance.com/en/square/post/2347510369802
- https://changelly.com/blog/ripple-xrp-price-prediction/
- https://m.economictimes.com/wealth/invest/top-new-crypto-to-buy-today-for-long-term-returns/articleshow/108707659.cms
- https://coincheckup.com/blog/xrp-rich-list/
- https://www.quora.com/Can-XRP-reach-1-000-USD-If-yes-why
- https://thecryptobasic.com/2023/08/10/investors-holding-above-11k-69k-and-6m-xrp-are-top-5-1-and-0-01-of-xrp-rich-list/
- https://www.binance.com/en-NG/square/post/328155
- https://www.binance.com/en/square/post/1448069
- https://www.linkedin.com/pulse/next-cryptocurrency-explode-2025-top-picks-massive-growth-isah-jimoh-zo55f
- https://www.techopedia.com/cryptocurrency/best-crypto-under-1-dollar
- https://cryptopotato.com/ripple-xrp-more-popular-than-ethereum-in-these-countries-data/
- https://www.nasdaq.com/articles/prediction%3A-ethereum-will-reach-%2410000-in-2030
- https://coinpaper.com/3054/xrp-rich-list-unveiling-the-top-holders-in-the-ripple-network
- https://www.binance.com/en/square/post/1179522
- https://cryptonews.net/news/altcoins/21440984/
- https://investorplace.com/2024/02/3-cryptos-that-can-turn-1-into-1000-by-2027/
- https://www.binance.com/en/square/post/486214897393
- https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/
- https://finance.yahoo.com/news/dogecoin-reach-1-2030-115000105.html
- https://www.binance.com/en/square/post/1133594
- https://www.fool.com/investing/2024/04/05/buy-ripple-xrp-right-now-100-hold-2024-beyond/
- https://m.economictimes.com/wealth/invest/next-crypto-to-hit-1-in-2024-top-5-competitors/articleshow/109200549.cms
- https://builtin.com/articles/crypto-whale
- https://www.litefinance.org/blog/analysts-opinions/ripple-price-prediction-forecast/
- https://cryptonews.com/news/fastest-growing-cryptocurrency.htm
- https://www.binance.com/en/square/post/1459293
- https://investinghaven.com/crypto-forecasts/can-ethereum-hit-100000-an-in-depth-analysis/
- https://thecryptobasic.com/2024/02/24/heres-how-much-xrp-you-need-to-be-a-millionaire-if-xrp-hits-11-26-28-20-56-55-156-36-or-521-69/
- https://finance.yahoo.com/news/ripple-xrp-reach-5-123600901.html
- https://changelly.com/blog/ethereum-eth-price-predictions/
- https://m.economictimes.com/markets/cryptocurrency/crypto-news/10-best-cryptocurrencies-to-invest-in-february-2024/articleshow/107359159.cms
- https://www.binance.com/en/price-prediction/xrp
- https://m.economictimes.com/markets/cryptocurrency/crypto-news/top-6-cryptos-under-1-that-could-do-100x-by-2025/articleshow/107722784.cms
- https://www.techopedia.com/cryptocurrency/xrp-price-prediction
- https://www.binance.com/en/price-prediction/secret
- https://coinpedia.org/price-analysis/how-investing-just-1000-now-in-ripples-xrp-could-turn-you-into-a-millionaire-find-out-how/
- https://medium.com/@qayjabidoo/xrp-poised-to-replace-swift-and-pioneer-the-age-of-cbdcs-933e016c1e6a
- https://primexbt.com/for-traders/ripple-price-prediction-forecast/
- https://www.binance.com/en/square/post/1522816
- https://www.fool.com/investing/2024/02/04/will-ripple-xrp-reach-1-dollar/
- https://www.fool.com/investing/2024/03/29/1-cryptocurrency-5302-upside-by-2030-cathie-wood/
- https://coincodex.com/article/32023/xrp-price-prediction-500/
- https://kriptomat.io/cryptocurrencies/xrp/what-is-xrp/
- https://www.fool.com/investing/2024/03/07/should-you-buy-xrp-while-its-still-below-1/
- https://www.forbes.com/advisor/au/investing/cryptocurrency/xrp-price-prediction/
- https://coinmarketcap.com/community/articles/6526404cedf58942f242bbce/
- https://www.nasdaq.com/articles/is-ripple-xrp-a-millionaire-maker
- https://coingape.com/cryptocurrencies-under-1/
- https://zebpay.com/in/blog/top-10-crypto-to-invest-in-2024
- https://www.fool.com/investing/2024/02/03/3-super-bullish-scenarios-for-how-xrp-could-skyroc/
- https://techpoint.africa/2024/04/04/trending-meme-coins-in-2024-that-are-predicted-to-100x/
- https://m.economictimes.com/wealth/invest/crypto-analysts-are-bullish-on-these-five-crypto-coins-despite-a-sluggish-start-to-april/articleshow/109364130.cms
- https://www.techopedia.com/cryptocurrency/crypto-that-will-make-you-rich
- https://www.usatoday.com/money/blueprint/investing/cryptocurrency/how-to-buy-xrp/
- https://www.fool.com/investing/2024/03/31/this-crypto-could-soar-5328-by-2030-according-to-c/
- https://dailycoin.com/which-banks-use-xrp-exploring-ripple-global-network/
