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Versan Aljarrah, founder of Black Swan Capitalist, shares a bold new perspective on $XRP, the third-biggest crypto asset.
In a recent tweet, Aljarrah asserted that holders of $XRP are not simply investing in a cryptocurrency. According to him, they are safeguarding a critical asset that serves as a “key” to the future of the global financial system.
“You’re not just holding a crypto asset with $XRP; You’re holding a key to the new financial system,” Aljarrah said.
“$XRP Represents More Than Just Wealth”
His statement suggests that $XRP could play a crucial role in the evolution of global finance. He stressed the importance of protecting one’s $XRP tokens and storing them with non-custodial services.
Aljarrah believes these critical steps are necessary because $XRP represents more than just wealth. In his view, $XRP is also an access point to an entirely new financial ecosystem taking shape.
Notably, Aljarrah’s latest commentary on $XRP highlights the prevalent optimism surrounding $XRP’s prospects in the community.
Last month, wealth mentor Linda Jones even compared holding $XRP to holding early shares of Berkshire Hathaway. She used the analogy to urge investors to be patient for long-term gains.
Earlier Bold Claims on $XRP Prospects by Black Swan Capitalist Founder
Meanwhile, Aljarrah is known for his ambitious views on the $XRP market. His latest statement aligns closely with his earlier bold predictions for the asset.
For instance, in August 2023, Aljarrah boldly argued that owning $XRP could mean owning a part of the global money supply. He is particularly optimistic about $XRP’s future if the $XRP Ledger becomes the main platform for tokenizing global assets.
In another commentary, Aljarrah suggested an investment of $5,000 in $XRP could grow to over $2 million. He referenced $XRP’s historic price surge from $0.0065 in January 2016 to $3.84 in January 2018.
At its peak, a $5,000 investment would indeed have turned into $2.95 million. While concerns about replicating such a rise due to current market conditions exist, the financial pundit remains optimistic about $XRP’s future.
Even more interestingly, in an interview with Edoardo Farina, CEO of Alpha Lions Academy, Aljarrah discussed the possibility that a $10,000 price for $XRP is “inevitable.”
Aljarrah believes that central banks and financial institutions will “set” a high initial price for $XRP, similar to IPO pricing, to ensure its role in large transaction settlements.
Drawing comparisons to Bitcoin’s growth, he asserts that $XRP’s utilities in global finance make a $10,000 price achievable.
However, critics repeatedly contest these views due to market cap implications, dismissing them as unrealistic.