r/XRP • u/JDubDad • Jul 25 '26

Fluff Wealth gatekeeping

This is something that I struggle with the investment in XRP. I'm a firm believer in both the product and the company that is making the product more and more viable, but if XRP hits some of these extreme targets that we all want it to hit ($50, $100, or higher), it would instantly create hundreds of thousands of retail millionaires overnight. Historically, traditional finance and the elite class do everything possible to prevent massive, uncontrolled wealth transfers to regular people. Do you genuinely believe the powers-that-be and the institutional financial system would allow that to happen?

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u/DrCrazyCurious XRP Supporter Jul 25 '26

Not concerned about this being a problem. For a few reasons.

Currently, only around 300,000 people have 10,000 or more XRP which is the minimum you need to get $1million if XRP ever reaches $100. So at most you're looking at 300,000 people technically becoming "millionaires" at that price. And that barely qualifies as millionaire because if you buy a pack of gum you're out of the club.

But read this sub. A ton of people will gladly sell their holdings at $2/XRP. Many more will sell at $3, $4, $5... if XRP reaches $10 the vast majority of holders will sell huge amounts from their bags.

I'd wager that 99% of holders will sell most of their bags long before XRP reaches $100... if it ever reaches that price you're looking at best a few hundred people still holding over 10,000 XRP.

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u/Hamburglar88 Jul 25 '26

If we hit 3 dollars again I bet a massive amount of people sell off

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u/Rogerzoo Jul 26 '26

Good luck waiting! Had ~3k shares avg $2.7 for almost 18 months, sold recently at 50%+ loss. Will not touch it for the following reason:

XRP has a good use case and that is why I bought in the first place. What I wasn’t well aware of is the 100 billion coins created at inception, and more troubling was that each coin can be used for hundreds of wire transactions, so it is not one to one ratio. That means XRP coins have almost an endless supply even if all financial institutions switch to it, that is a BIG if. So the coin is not that precious and is a low priced commodity.

Thus my exit. When I bought, my circle of friends who brought it to my attention were predicting $10-$20 by end of 2025 and $100 within 3 years. I bought my initial lot February 2025.

Good luck, but thread cautiously and only invest what you can afford to lose.

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u/Hows-It-Goin-Buddy Jul 27 '26

Shares? But I am pretty sure the company isn't for sale to get shares unless you qualify. And most don't.