Founder of BlackSwanCapitalist Warns of XRP Supply Shortage Amid Growing Demand

07/30 11:15

Founder of BlackSwanCapitalist, Versan Aljarrah, has stated that the demand for XRP's utility is surpassing its available supply, making a higher price necessary to maintain liquidity. Aljarrah believes that the affordable price of XRP cannot endure as global demand for the digital asset escalates. He sees the projected XRP surge as a wake-up call to skeptics who have yet to grasp this economic reality. Shannon Thorp, a Treasury Management team member at Wells Fargo, also argues that XRP's price cannot remain low due to retail investors cashing out and the involvement of top institutions and businesses investing in XRP. XRP currently trades at $0.7088 with a circulating supply of over 52 billion.

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