SEC Filing Proposes $3,300 XRP Price Model in Sovereign Reset Scenario
A recent filing with the US Securities and Exchange Commission (SEC) has caught attention in the cryptocurrency sector. The petition, titled 'The Great Sovereign Reset,' proposes a $3,300 price model for XRP.
The proposal, submitted by Boyd Roberts, Group Director of Big Picture Group, outlines a scenario where gold is valued at $25,000 per ounce and 10 billion XRP tokens are priced at $3,300 each. This would result in a total value of approximately $39.54 trillion, with the gold component accounting for about $6.54 trillion.
The model focuses on the role of three key assets: gold as a store of value, oil as a flow asset, and XRP as a bridge connecting sovereign assets, commodities, national currencies, stablecoins, and tokenized bank deposits.