XRP’s True Price Already Set by Institutions, Says Black Swan Capitalist CEO
Versan Aljarrah, CEO of Black Swan Capitalist, claims that major global financial institutions have already set XRP’s real price, bypassing retail market influence. He compares XRP’s current state to a pre-IPO stock, where major banks and stakeholders—like JP Morgan, BlackRock, and the BIS—allegedly negotiated its value behind closed doors for use as a global bridge currency.
Aljarrah argues XRP is already integrated into several national financial systems, particularly in smaller economies such as the Caribbean. He believes its price is determined by institutional agreements rather than retail speculation.
According to him, the true value of XRP—necessary to handle trillions in cross-border payments—could range from $100 to $1,000, despite its current market price being much lower. He suggests that retail price action is irrelevant and will eventually align with this institutional valuation.
Critics, however, question the logic behind institutions paying more than the market price, calling the idea unrealistic. Still, Aljarrah maintains that XRP’s future value lies in its utility and global adoption.
Disclaimer: This is not financial advice. Conduct your own research before investing.