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What is the XRP rich list by percentage and how does it relate to the cryptocurrency market?

avatarMade of milkNov 26, 2021 · 3 years ago1 answers

Can you explain what the XRP rich list by percentage is and how it is connected to the cryptocurrency market?

What is the XRP rich list by percentage and how does it relate to the cryptocurrency market?
XRP
Rich List
Cryptocurrency Market

1 answers

  • avatarNov 26, 2021 · 3 years ago
    The XRP rich list by percentage is a tool that provides information about the distribution of XRP tokens among the top holders. It shows the percentage of XRP owned by each individual or entity in relation to the total supply. This data is relevant to the cryptocurrency market because it gives insights into the concentration of wealth and potential market manipulation. By monitoring the XRP rich list, investors and traders can better understand the dynamics of the market and make informed decisions based on the distribution of tokens.

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