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Looking at the distribution of XRP wallet holders, I really feel it's quite unfair. There are 6 million wallets holding only 500 XRP or less, while just a few people hold millions to billions of units. I think this is a structural issue across all XRP wallet holders.
A year ago, 1000 XRP was about $500, so it was possible to buy with a small amount of money, but now it’s dropped to $1.43… Wait, looking at the unit price, it’s cheaper than before, but considering the overall market volatility, small investors still find it hard to enter.
This has also become a topic among XRP wallet holders, but ultimately, it’s influenced by Bitcoin’s movements. The direction of BTC seems more important than the actual supply of XRP itself. No matter how many XRP wallets increase, the current situation depends on BTC.