Pundit Believes Current XRP Price is a Glitch, Predicts Price Beyond Imagination as a Global Standard

Versan Aljarrah, a host of the Black Swan Capitalist podcast, believes the current XRP value merely represents a price glitch, noting that XRP could see a price explosion on its path to becoming a global standard.

It bears mentioning that XRP has been the subject of multiple price glitches across several exchanges, including Gemini, where it surged to $50. Amid this pattern, Aljarrah thinks the current price of the asset, currently at $0.68, is another price glitch.

In a recent post on X, he stressed that this value should not be the yardstick by which to measure XRP’s potential. Aljarrah’s optimism about XRP’s future stems from his belief that it is on the path to becoming the global standard for seamless, universal money. 

Don’t be fooled by the current #price tag. It’s a temporary glitch$XRP is already on its way to becoming the global standard by offering the world seamless, universal money 🌐

In time, you will see market forces alone push the price of #XRP to digits beyond your imagination pic.twitter.com/chlAebVYKm

— Black Swan Capitalist (@VersanAljarrah) November 7, 2023

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According to Aljarrah, this vision of XRP as a global financial powerhouse comes from the idea that market forces alone will eventually drive the price of XRP to unprecedented levels beyond what most people can currently fathom.

He remarked:

“I like XRP because it represents a technological advancement like no other. The unique combination of its protocol, technology, and tokenomics is really what sets it apart from the rest of the crypto world.”

Like Aljarrah’s position, several XRP community figures and industry pundits have claimed that XRP’s current price is not the asset’s true value. Research from Valhill Capital stressed that XRP’s fair market value ranges from $9.81 to $513,000.

XRP: a Solution to the Current System

Aljarrah alleged that certain institutions intentionally blurred the lines between innovative technologies like XRP and other lesser alternatives to create confusion among investors. 

He argued that these institutions sought to mislead the public and obscure XRP’s true narrative and potential. Instead, they seemed to prioritize Ethereum and Bitcoin in the mainstream news.

I like #XRP because it represents a technological advancement like no other. The unique combination of its protocol, #technology, and #tokenomics is really what sets it apart from the rest of the #crypto world

And I believe it was intentional for institutions to mix… pic.twitter.com/owvNHyQsJH

— Black Swan Capitalist (@VersanAljarrah) November 7, 2023

The Texas-based crypto enthusiast also believes that XRP serves as a solution to issues he claims the banking elite persistently creates. He calls this set of individuals “power-hungry,” claiming they seek to manipulate the world through a debt-focused approach.

“XRP is more than just a cryptocurrency; it’s a universal and seamless currency, as well as an antidote against the power-hungry banking elite who seek to manipulate and impoverish the world through a corrupt debt-based model,” Aljarrah emphasized.

Aljarrah’s vision for XRP extends to the macro view. He sees XRP as a solution to achieving a level playing field in a multipolar world. According to him, the asset allows governments and finance institutions to move money without reliance on the dollar.