Crypto CEO Says XRP True Price Was Set Long Ago, Explains What Global Institutions Know
Versan Aljarrah, CEO of Black Swan Capitalist, has boldly asserted that global financial institutions have already determined the “true” price of XRP long before retail traders could influence the market.
Aljarrah draws a parallel between the price discovery process of traditional stocks and the way XRP’s value is being shaped. In financial markets, large institutions such as hedge funds and banks determine a company’s stock price before it goes public through a pre-IPO phase. Aljarrah argues that XRP is undergoing a similar process but on a much larger scale.
According to Aljarrah, XRP’s price has been quietly set through private negotiations between central banks, large financial entities, and stakeholders like JP Morgan,…
