Crypto founder Edoardo Farina believes that a portfolio of 1,000 XRP will remain out of reach for many investors.

In a tweet, Farina boldly asserted that many XRP investors may never come close to owning 1,000 XRP tokens. His statement suggests that this amount, currently worth around $2,400 based on today’s XRP price, is a sum many in crypto either do not have or are unwilling to commit to XRP.

While 1,000 XRP is worth over $2,000 today, just seven months ago, in November 2024, investors could have acquired that amount for as little as $490, when the coin was trading below $0.50. Since then, the price has increased more than fivefold.

Over 5 Million Wallets Hold Fewer Than 1,000 XRP

Indeed, data from the XRP Rich List supports…