BlackRock Digital Asset Head's Past XRP Valuation Paper Re-examined
BLK Blackrock Inc
$1082.39 +1.60%
View chart & analysis → - 1XRP supporters are citing a paper co-authored by Robert Mitchnick before he joined BlackRock to argue for XRP price targets.
- 2In June 2018, Mitchnick and Susan Athey presented a range of $6.37 to $32.91 as a potential XRP success scenario based on then-current values.
- 3A calculated 2,251% increase from $1.40 to $32.91 for the XRP price is fueling ongoing debate.
So what's the key point?
A BlackRock executive previously wrote a paper predicting that the price of XRP could rise significantly. Based on these figures, there is discussion that XRP could reach $32.91.
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