In a world where shadows dance and whispers echo, Versan Aljarrah, the audacious CEO of Black Swan Capitalist, has ignited a tempest on platform X, proclaiming that the titans of finance have long since choreographed the price of XRP.
This proclamation has sent ripples through the crypto community, stirring debates as heated as a summer’s day. It raises eyebrows and questions about the transparency of the XRP market, revealing a chasm between its market value and the utility it claims to possess. Ah, the irony! 🤔
Controversial XRP Theory: Did Major Banks Fix Its Value?
Aljarrah posits that XRP’s price is not a product of the chaotic ballet of open-market trading, a notion many retail investors cling to like a lifebuoy in a stormy sea. He likens the pricing of XRP to the secretive pre-IPO negotiations of yore, where hedge funds and banks whisper sweet nothings to each other before the public gets a whiff.
He boldly asserts that JP Morgan, BlackRock, BIS, and the IMF have all played their parts in this clandestine performance. Yet, alas, he offers no tangible evidence to back his grand claims. A magician without a trick! 🎩✨
“In this case, the ‘pre-IPO’ phase for XRP has already occurred. The world’s biggest financial players have adopted XRP behind closed doors and have already agreed on its price for use in their systems,” Aljarrah declared, as if unveiling a masterpiece.
Moreover, Aljarrah insists that Ripple, the architect behind XRP, has woven its technology into the very fabric of central banks across the globe, from the bustling metropolises to the serene shores of Barbados. He envisions XRP as the bridge currency for cross-border transactions, a digital messiah! 🌉
His vision aligns with the grand tapestry of stakeholder capitalism, a model championed by the World Economic Forum, where the puppeteers of finance dictate the rhythm of the global economy.
Aljarrah further claims that XRP’s price was “locked in” through private agreements before it graced the public stage. He predicts a meteoric rise to three or even four-digit price levels, soaring far beyond its current humble abode of $2.08. Dream big, right? 🚀
“Financial modeling and market projections suggest that the price could reach three to four-digit ranges, but this is still speculative based on the actual utility and the demand for XRP in the future global financial system,” Aljarrah mused, with a twinkle of hope.
While some crypto enthusiasts rally behind Aljarrah’s theory, others raise an eyebrow, pondering the ethics of institutions knowing XRP’s predetermined price. Could they be placing low buy orders to hoard XRP, leaving retail investors in the dust? A scandalous thought! 😱
“If institutions already know the pre-set price, it makes sense they’d place low buy orders to push the price down and accumulate XRP at retail’s expense. This isn’t just unethical—it contradicts the entire purpose of crypto,” Investor SVS remarked, shaking his head in disbelief.
Veteran Trader Peter Brandt Predicts XRP Could Drop to $1
In a twist of fate, veteran trader Peter Brandt offers a contrasting perspective, predicting that XRP’s price could plummet to $1 in the near future—far below Aljarrah’s lofty expectations. Oh, the drama! 🎭
Meanwhile, a BeInCrypto report reveals that despite XRP’s impressive $120 billion market cap, its network struggles with a meager daily DEX trading volume of less than $50,000. The XRP Ledger, it seems, lacks the nodes and validators to keep up with its more illustrious blockchain counterparts. A tale of woe! 📉
On-chain researcher Aylo has gone so far as to label XRP “the biggest financial scam the world has ever seen.” Now that’s a headline! 📰
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2025-03-31 17:22