A recent tweet by crypto commentator Remi Relief has drawn renewed attention to Robert Mitchnick, a former Ripple executive working at investment management giant BlackRock. Relief’s tweet references an older claim about a high price projection for XRP, based on a valuation model co-developed by Mitchnick during his time with Ripple. In the tweet, Remi Relief wrote, “XRP $4000. For those that don’t know who Robert Mitchnick is… look him up. Short summary. He use to work for Ripple and now works for BlackRock. Idk if he ‘left’ Ripple or was ‘sent’ to BR. IMO he was sent there.” This was in response to a tweet from another X account, who said , “Robert Mitchnick, previously worked at Ripple and now working at Blackrock, thinks XRP price target is $4,000.” XRP $4000 For those that don’t know who Robert Mitchnick is…look him up. Short summary. He use to work for Ripple and now works for BlackRock. Idk if he “left” Ripple or was “sent” to BR. IMO he was sent there. https://t.co/OqXN5VQfxG — The Real Remi Relief (@RemiReliefX) May 11, 2025 Attached to the second post is a screenshot of an article published in 2024. The article reported a valuation model developed by Stanford professor Susan Athey and Robert Mitchnick, which proposed a potential fair market value of $4,813 for XRP. Based on assumptions in the 2018 Athey-Mitchnick model, that projection has since resurfaced through the recent attention on social media. Breakdown of the Athey-Mitchnick Model The model in question evaluates XRP’s future price based on two primary assumptions: the asset’s use in global cross-border transactions and its function as a store of value. According to the analysis, the price could reach thousands of dollars per unit if XRP were to facilitate 10% of global transactions by 2030 and simultaneously capture 10% of global store-of-value demand. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 At the time of the model’s publishing, XRP was approximately $0.5281. The paper argued that XRP’s market performance had been hindered by external factors such as regulatory actions and price suppression. It proposed that under conditions of unrestricted utility, XRP could achieve significant valuation increases. The model assumed a daily transaction volume of $700 billion and a total demand for storing XRP of $53 trillion by 2030. It also applied a 10% discount rate to account for the time value of money. The projected fair market value of $4,813 took into consideration that escrowed XRP would remain locked, further limiting circulating supply and boosting price estimates. Relevance of Mitchnick’s Position at BlackRock Remi Relief’s tweet questions whether Mitchnick’s move from Ripple to BlackRock was voluntary or strategic. While there is no public confirmation on the nature of his transition, some in the community interpret it as significant, especially in light of BlackRock’s increasing involvement in digital asset markets. Relief did not claim direct confirmation of Mitchnick endorsing the $4,000 target but noted the connection between his prior modeling work and his current position at a leading financial institution. Although the original model did not account for all possible developments, such as the emergence of central bank digital currencies or other unforeseen innovations, it remains one of the more widely cited theoretical assessments of XRP’s long-term price potential. It emphasized the asset’s built-in scarcity and scalability benefits in global financial infrastructure. The resurfacing of this topic through Remi Relief and others brings renewed attention to a historical but influential valuation model that continues to inform sections of the XRP community’s expectations. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ex-Ripple Executive Working With BlackRock Targets $4000 XRP Price Using This Model appeared first on Times Tabloid .
