diff --git a/cumulus/polkadot-parachains/src/chain_spec.rs b/cumulus/polkadot-parachains/src/chain_spec.rs
index c39c8efbac3e1740350ec2d6da32b3d2c67474b2..a1093caae2836441e69241b8c5beb8ca6b77d24b 100644
--- a/cumulus/polkadot-parachains/src/chain_spec.rs
+++ b/cumulus/polkadot-parachains/src/chain_spec.rs
@@ -498,7 +498,11 @@ fn statemine_genesis(
 				.to_vec(),
 		},
 		balances: statemine_runtime::BalancesConfig {
-			balances: endowed_accounts.iter().cloned().map(|k| (k, STATEMINE_ED * 4096)).collect(),
+			balances: endowed_accounts
+				.iter()
+				.cloned()
+				.map(|k| (k, STATEMINE_ED * 524_288))
+				.collect(),
 		},
 		parachain_info: statemine_runtime::ParachainInfoConfig { parachain_id: id },
 		collator_selection: statemine_runtime::CollatorSelectionConfig {