2,400 XRP Now a Pipe Dream for Mainstream Investors—Here’s Why

XRP's price surge leaves everyday buyers in the dust—while whales feast.

Once considered an accessible entry point, 2,400 XRP now costs more than the average mortgage payment. The token's 300% rally this year turned a modest investment into a luxury purchase.

Retail investors face a brutal math problem: either go all-in on fractions of a coin or watch from the sidelines. Meanwhile, institutional players stack whole tokens like casino chips—because nothing says 'decentralization' like hedge funds controlling the supply.

Welcome to crypto's new era: where the little guy gets priced out before the real party starts.

XRP Rich ListXRP Rich List Can the Average Wage Earner Afford 2,446 XRP? However, at the current price of $3.48, these 2,446 XRP tokens are now worth a little above $8,500. This is inaccessible for most average earners. For context, a survey from earlier in the year revealed that most Americans have less than $2,000 in savings. Specifically, only 25% have $2,000 or more in savings. Meanwhile, 21% have between $1 and $250, and a whopping 19% have no savings at all. Further, about 11% have between $250 and $500 in savings. This entails that most Americans cannot purchase up to 2,446 XRP from their savings without topping up capital. Also, topping up capital could be challenging for the average American. Data reveals that the average monthly salary for an American is around $5,500. Meanwhile, some estimates put the average monthly expense for an individual in the U.S. at $4,641. As a result, the average American WOULD need to save for nearly ten months just to buy 2,446 XRP. Further, in countries like the UK, the story is similar and much worse. The average UK resident earns around £2,800 a month while spending about £2,600 within the same period. As a result, such an individual would need to save for over two years to be able to afford 2,446 XRP worth £6,309. Not Too Late However, this was not the case a year ago. With XRP trading for around $0.49 in July 2024, the average American earner would have procured 2,446 XRP, worth around $1,200, with less than two months of savings. In addition, the average wage earner in the UK would have required just around four months of savings. Despite this, several market commentators believe the market is still early and investors should get in with whatever they can afford. These pundits expect XRP to surge beyond the current price of around $3.48 to greater heights that even modest holdings today could be worth fortunes then.