Many people could believe that buying into XRP today could secure them life-changing wealth in the future. The idea sounds tempting: what if $3,000 in XRP could turn someone into a millionaire?
At the time of writing, the XRP price sits around $2.86. That means anyone who spends $3,000 would end up with about 1,049 tokens. While this is a decent investment, it may not grow into the millions many dream of.
TheCryptoBasic points out that ownership distribution plays a huge role in understanding why only a few people can realistically achieve wealth from the XRP token. They made a post about this on X refrencing thioughts from 24hrsCrypto
The Distribution of XRP Token Holdings
The discussion began when the analyst behind 24hrsCrypto shared his views online. He explained that many predictions about the Ripple token reaching $100 or even $1,000 often overlook the way XRP token is held across millions of wallets.
Critics usually argue that if XRP price hit such heights, its market cap would be too large and millions of people would suddenly become billionaires. 24hrsCrypto stressed that this is simply not how things work.
Looking closely at the XRP rich list, most wallets actually contain very small amounts of the Ripple token. Over 3 million wallets have between 0 and 20 XRP each. On average, that’s about 8 XRP per wallet, which comes to less than $25. These tiny balances are often leftovers from exchanges or test wallets, not serious investments.
To explain, 24hrsCrypto discussed the XRP rich list. He started with the lowest tier, where just over 3 million wallets hold between 0 and 20 XRP each. He described these as scraps left over in exchanges or test wallets.
— TheCryptoBasic (@thecryptobasic) August 22, 2025
On average, these wallets contain about 7 XRP, which he… pic.twitter.com/BZ40cNjPXx
The next tier includes wallets holding between 20 and 500 XRP. Together, this group accounts for about 210 million tokens. But on average, each wallet only carries around 83 XRP, roughly $240.
When combined, these two groups already make up more than 80% of all XRP wallets. Clearly, most holders do not have enough tokens to see life-changing gains, even if the Ripple price skyrocketed to $1,000.
Why Only a Few Will Benefit
The larger balances are concentrated in far fewer hands. Wallets holding thousands or even millions of XRP do exist, but many belong to the same individuals spread across multiple accounts. One investor might keep 10,000 XRP in one place and 25,000 in another, giving the impression that more people are wealthy than is actually the case.
According to TheCryptoBasic’s coverage of 24hrsCrypto’s analysis, this means the argument that “millions” will become rich is flawed. Out of billions of people worldwide, only a tiny fraction owns enough XRP to see extraordinary returns. For perspective, even owning 500 XRP today requires about $1,400. That alone shows how few people can realistically build massive wealth from these holdings.
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24hrsCrypto is still bullish despite doubts. He says XRP could rise to $100. In the long run, it might even hit $2,000 or $3,000. Many think this is impossible, but he believes time will prove them right.
Still, the central point remains: the way XRP is distributed ensures that only a small group of holders will see life-changing gains if such predictions come true. The vast majority, holding only a few hundred dollars’ worth, will not suddenly become millionaires, no matter how high the Ripple price climbs.
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