Robert Mitchnick â once at Ripple, now BlackRockâs Head of Digital Assets â co-authored a research report years ago that may hold the keys to XRPâs true valuation.
Respected analyst AllInCrypto just dug it back up, reminding the market that Mitchnick projected XRP could hit double-digit prices, with a low target of $6.37 and a âfundamental value rangeâ between $1.59 and $8.23 â all far above where XRP trades today.
đĄ Why this matters:
Mitchnick now oversees BlackRockâs global digital asset strategy, making his earlier valuations impossible to ignore.
His report didnât just analyze XRP â it also highlighted that Bitcoin was undervalued at the time, reinforcing credibility.
With BlackRockâs growing presence in crypto, investors see fresh relevance in his XRP price models.
đ Some in the community now argue the high scenario of $32.91 for XRP should be taken very seriously.
đ When BlackRockâs top digital asset executive once set these targets, itâs more than speculation â itâs a signal.
