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<ul> 
 <li>Black Swan Capitalist Founder says XRP’s intrinsic value transcends charts.</li> 
 <li>The CEO of Real Vision supports XRP’s true value despite recent decline.</li> 
 <li>XRP’s pivotal role in CBDC development is further emphasized by these experts.</li> 
</ul> 
<p>Black Swan Capitalist founder, Versan Aljarrah, remains steadfast in his belief in the true value of XRP. Specifically, he asserts his opinion of XRP’s value having an intrinsic worth beyond charts.&nbsp;</p> 
<p>Despite the recent decline to $0.7, Aljarrah is confident in XRP’s potential. In particular, he goes on to share a video by Raoul Pal, CEO of <a href="https://www.realvision.com/" target="_blank" rel="noopener noreferrer nofollow">Real Vision</a>, supporting his conviction that XRP holds more value than the current market price suggests.</p> 
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   <p lang="en" dir="ltr">Price fluctuations won't shake my faith! <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a>'s true value lies beyond the charts. <a href="https://t.co/IKsotLvlOD" rel="noopener noreferrer nofollow">pic.twitter.com/IKsotLvlOD</a></p>— Black Swan Capitalist (@VersanAljarrah) <a href="https://twitter.com/VersanAljarrah/status/1683600519032451074?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 24, 2023</a> 
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<p>Recently, XRP price went through a dip below $0.7 following Judge Analisa Torres’ ruling that it is not a security. Despite a brief surge to $0.85 after the favorable Ripple lawsuit ruling, XRP faced a downward trajectory.&nbsp;</p> 
<p>Furthermore, the volatility in Bitcoin’s price impacted XRP. In turn, leading to a drop to $0.67 before settling at $0.68, marking a 6% decrease in the past 24 hours. Pal emphasizes that XRP’s value goes beyond speculation.</p> 
<p>He highlights how this is evident from its <a href="https://cryptonewsland.com/coinbase-to-delist-4-major-cryptos-due-to-low-usage/" target="_blank" rel="noopener noreferrer nofollow">temporary delisting from US-based exchanges like Coinbase</a> and Kraken during the SEC’s lawsuit against Ripple. A significant volume of XRP transactions reflects its utility and importance within the <a href="https://xrpl.org/index.html" target="_blank" rel="noopener noreferrer nofollow">XRP Ledger (XRPL)</a>.</p> 
<p>Regarding the Ripple lawsuit conclusion, Pal speculates a potential significant boost in XRP’s value. While Judge Analisa Torres <a href="https://cryptonewsland.com/ripple-wins-lawsuit/" target="_blank" rel="noopener noreferrer nofollow">ruled in favor of Ripple</a>, there is speculation that the SEC may appeal the decision, which could impact XRP’s trajectory.</p> 
<p>Pal also highlights the pivotal role of the XRP Ledger (XRPL) in central bank digital currencies (CBDCs) development. As the world moves towards adopting CBDCs, XRPL is poised to play a central position in this transformative shift.&nbsp;</p> 
<p>Ripple’s partnerships with central banks, such as the Central Bank of Montenegro, further its involvement in CBDC initiatives. To strengthen its position in this domain, Ripple unveiled a platform allowing central banks, financial institutions, and governments to create their blockchain-based digital currencies powered by XRPL.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4> 
<ul class="wp-block-yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/us-presidential-candidate-predicts-xrp-to-outshine-bitcoin-xrps-vital-role-in-xrpl-unveiled/" rel="noopener noreferrer nofollow">US Presidential Candidate Predicts XRP to Outshine Bitcoin: XRP’s Vital Role in XRPL Unveiled</a></li> 
 <li><a href="https://cryptonewsland.com/xrp-fans-rejoice-as-xrpl-tipbot-makes-huge-comeback-on-twitter/" rel="noopener noreferrer nofollow">XRP Fans Rejoice as XRPL TipBot Makes Huge Comeback on Twitter</a></li> 
 <li><a href="https://cryptonewsland.com/xrp-poised-for-greatness-judge-torres-ruling-just-the-beginning/" rel="noopener noreferrer nofollow">XRP Poised for Greatness: Judge Torres’ Ruling Just the Beginning</a></li> 
 <li><a href="https://cryptonewsland.com/xrp-community-benefits-first-as-uphold-integrates-with-xrpl/" rel="noopener noreferrer nofollow">XRP Community Benefits First as Uphold Integrates With XRPL</a></li> 
 <li><a href="https://cryptonewsland.com/xrp-forensics-says-all-stolen-atomic-wallet-xrp-is-now-btc/" rel="noopener noreferrer nofollow">XRP Forensics Says All Stolen Atomic Wallet XRP Is Now BTC</a></li> 
</ul> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/xrp-potential-goes-beyond-the-charts-look-further-than-recent-decline/">XRP Potential Goes Beyond the Charts, Look Further than Recent Decline&nbsp;</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

XRP Potential Goes Beyond the Charts, Look Further than Recent Decline

Crypto News Land

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