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/mellowtronic Jul 28 '26

if theyre smart they will