XRP Army’s Cost Basis Per Coin Is $1.38 — 7X the Current Price

[Nostoman]

According to Messari’s realized cap figures, XRP token holders paid an average of seven times the current price.

Most XRP investors are “deeply in the red” according to Messari crypto analyst Ryan Watkins, using realized capitalization as the metric

Watkins made the claim in a June 16 tweet saying that “XRP’s aggregate estimated cost basis is $1.38”, based on the realized cap of the cryptocurrency. As the current value of XRP is $0.19, this would mean token holders paid on average more than seven times the price.
Source: https://cointelegraph.com/news/xrp-armys-cost-basis-per-coin-is-138-7x-the-current-price