Ex-Ripple Exec & Blackrock Aim for $4,000 XRP Price: New Model Sparks Debate

Crypto commentator Remi Relief’s recent tweet reignites interest in Robert Mitchnick, a former Ripple executive now at investment giant BlackRock. This renewed attention stems from a 2024 model co-developed by Mitchnick and Stanford professor Susan Athey, which projected a potential fair market value of $4,813 for XRP. Mitchnick’s move from Ripple to BlackRock has fueled speculation regarding the nature of his transition, but Relief highlights his past modeling work on XRP price predictions. This resurfaced model, while not accounting for all possible developments, continues to influence discussions about XRP’s long-term potential in global financial infrastructure due to its built-in scarcity and scalability advantages. The debate surrounding the $4,000 target prompts questions about whether Mitchnick’s move to BlackRock was intentional or a strategic shift. Relief highlights this connection without claiming direct confirmation of the target endorsement from Mitchnick.