A market analyst has argued that even if XRP reaches $100, it would still be significantly undervalued. According to Versan Aljarrah, host of The Black Swan Capitalist, the token’s fundamental role in the financial system warrants a valuation far beyond three figures, suggesting that a six-figure price may ultimately be required.
Is XRP Undervalued Even at $100?
In a recent statement on X, Aljarrah emphasized XRP’s unique ability to scale without limitations, making it an ideal asset for institutional finance. He suggested that as its value rises, its liquidity will improve, allowing it to facilitate increasingly large transactions.
Although several projections have estimated XRP could reach $100, many industry analysts have dismissed this as unrealistic due to the high market capitalization it would entail. However, Aljarrah strongly disagrees with this perspective. He insists that, given its potential for widespread adoption, the token’s valuation could exceed $100 and move into six-figure territory.
$XRP is currently breaking 7-year consolidation. $100 is definitely in range.
Despite prolonged low volatility and hovering around the 200-day EMA, Firing Gary Gensler will be the catalyst for a bullish reversal.
#XRP #Crypto #BullRun2024 pic.twitter.com/qci2ZlZc6f
— Armando Pantoja (@_TallGuyTycoon) November 2, 2024
Role in the Financial Market Shift
Aljarrah’s argument aligns with broader discussions on the financial sector’s transformation. He has previously drawn comparisons between the current shift in finance and the disruptions seen in media and commerce over the past decades.
To reinforce his point, he referenced Mark Yusko, founder of Morgan Creek Capital, who has highlighted the profound impact of the internet on various industries. According to Yusko, the emergence of streaming platforms disrupted traditional media, while e-commerce giants fundamentally altered retail markets.
However, Yusko contends that the ongoing financial sector transformation is on an even greater scale. He describes finance as a multi-trillion-dollar industry, emphasizing that many observers fail to recognize the magnitude of this shift.
Building on this idea, Aljarrah asserts that blockchain technology is central to this transformation. He believes the financial system is undergoing the largest wealth transfer in history, with blockchain redefining how value is stored and transferred. In his view, XRP is positioned at the core of this evolution, making early adoption critical for investors.
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Market Analysts Predict a Higher XRP Valuation
Aljarrah is not alone in predicting a substantial increase in XRP’s price. Crypto analyst Amelia (@Crypto_Barbie) has expressed a similar sentiment but with an even more bullish outlook. She considers a $100 target to be far too conservative, suggesting that XRP will eventually stabilize at a valuation in the five- or six-figure range.
In addition, market expert Armando Pantoja previously projected a major breakout for XRP. In November 2024, when the token was priced at just $0.63, Pantoja noted that XRP was emerging from a seven-year consolidation phase and stated that reaching $100 was a realistic expectation.
Pantoja also pointed to regulatory factors as potential price catalysts. He argued that a change in leadership at the U.S. Securities and Exchange Commission (SEC)—specifically, the removal of former SEC Chairman Gary Gensler—could drive XRP’s price higher. Since Gensler’s departure, the asset has already climbed to $2.15, marking a 256% increase since Pantoja’s original prediction.
While some remain skeptical of such ambitious price targets, the debate surrounding XRP’s true valuation continues. Aljarrah and other analysts maintain that the token’s role in global finance is expanding, and if adoption accelerates, a valuation well beyond $100 could become a necessity rather than a speculative target.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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