Ripple News Today – Top Headline for Ripple XRP, October 28

  • Ripple’s XRP Holders Need to Hold At Least 70K XRP to be Among the One Percenters
  • Actual Amount of XRP in Circulation is Unknown

Going by the recent update on the XRP stats website, for an XRP user to be a “one-percenter” the user needs to hold 70,079 XRP. This is about $20,000 at the current rate of the token. @CoreRekt_Crypto on Twitter stated: “To be a “ONE percenter” your #XRP wallet needs to hold a little over 70K. At today’s price, that’s just over $20K…in the grand scheme of investing, that’s not a lot of money.” Also, the website has revealed the next figures per percentage and it’s XRP worth. The price status are as follows: 0.5% holds 137,081 XRP, 0.1% holds 723,458 XRP, and 0.01% holds 15,807,085 XRP.

XRP (XRP) Price Today – XRP / USD

#NamePrice24H %
4
ripple
XRP(XRP)
$0.178
0.836%

Going by each account owner with XRP, about 1% of owners consist of 3,000 XRP wallets, and only about 9 wallets own 1,000,000,000 XRP or more. It is worthy of note that among the largest owners of XRP there are Ripple and multicurrency wallets that consist of funds of many personal invest.

Actual Amount of XRP in Circulation is Unknown

Ripple’s native token XRP has been one of the most sought after token in the crypto market as the coin has lots of benefits among which are:

The company that hosted XRP coin is a real-life company, so far the company has run the blockchain technology with so much transparency. Users are aware that XRP is not a security as directed by the SEC. The token is one of the lowest tokens in the crypto market, many investors are rest assured that the cheaper an asset is today, the more expensive it will become tomorrow.

XRP Price Prediction – Ripple Price Prediction

Even though the prices of altcoins depends on how well Bitcoin is fairing, Ripple has been doing well so far, some analysts even predicted $1,000 for one XRP. Ripple’ XRP so far has 43 billion tokens on the market, and the rest 57 billion should be frozen and enter the market soon. Though some researchers said that these tokens have long been set free and can be put into the public soon. It has also been discovered that Ripple is sharing cryptocurrency to its partners, recently. Some companies sign an agreement on the impossibility of selling within a specified period. According to these companies, the actual market proposal of XRP tokens is about double less than the stated one. The actual number of XRP token in circulation is unknown, but going by speculations, all 100 billion XRP will soon enter the market.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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