Ripples upcoming IPO could potentially skyrocket XRP price by 4200
Key Points
– The potential for a Ripple IPO is generating enthusiasm and driving up the price of XRP.
– Estimates of Ripple’s IPO valuation vary widely, from $7.3 billion to over $100 billion.
– Many believe that Ripple’s IPO will lead to a significant increase in the price of XRP, with some analysts predicting a rise of over 4,200%.
The upcoming IPO of Ripple has caused excitement and speculation in the crypto community. If Ripple’s stock reaches $100 after the IPO, XRP could potentially increase in value from $0.4792 to $1.16. The discussions surrounding Ripple’s IPO have sparked debates on how it could impact XRP’s valuation in the face of regulatory challenges and considerations for global listings.
Despite facing a prolonged SEC lawsuit, Ripple remains committed to pursuing its IPO ambitions. Legal experts, including attorney John Deaton, speculate that an IPO could proceed once the SEC lawsuit is resolved, which has been ongoing for nearly four years.
Attorney John E. Deaton on Ripple vs. SEC Crypto IPO Coming soon… XRP 11th Birthday
https://t.co/Osxke06alX
— Good Morning Crypto (@AbsGMCrypto)
June 2, 2023
Game-Changer in the Making?
Imagine an IPO that can outpace giants like Saudi Aramco and Alibaba. Sounds wild, right? Well, Ripple might just be on track to do that. Industry optimism persists regarding Ripple’s IPO in the U.S., buoyed by recent developments. Linqto
estimates
Ripple’s share at $40.99, valuing the company at $7.3 billion. Speculations suggest Ripple’s IPO could break all previous records some of the largest in recent history, driven by its substantial holdings of XRP.
Analysts project that if Ripple’s share price hits $100 with 178 million outstanding shares, its market cap could reach $17.8 billion. Some experts, like John Deaton, even foresee a valuation exceeding $100 billion, which could push Ripple shares to $561 each.
Given Ripple’s significant influence and its holdings in XRP, analysts anticipate a corresponding surge in XRP’s price. A $100 share price for Ripple could potentially lift XRP to around $1.16 per token, marking a substantial 2.43x increase from its current value of $0.4792.
Bold Predictions
Financial experts, including Wall Street veteran Linda Jones, caution that Ripple’s valuation at $35 per share would value the company at $5.7 billion, significantly lower than XRP’s $21 billion market cap. However, Jones believes Ripple’s true value could surpass $107 billion, translating to $600 per share, potentially driving XRP to new highs.
Will we see a record setting
#iPO
for
#Ripple
after the Judges decision?
Listen to 25yr Wall St veteran discuss what a
@Ripple
iPO could look like,a 20x Valuation=$600+ Ripple share price?
#RETWEET
#XRPArmy
Credit:
@LindaPJones
pic.twitter.com/Ph7vdoeR0e
— Digital Perspectives (@DigPerspectives)
May 31, 2023
BitBoy, a prominent figure in the crypto community, remains bullish on XRP’s potential, predicting a potential rise to $15 within 18 months—a remarkable 1,720% increase from its current price. His optimism extends further, suggesting XRP could surge to $35 if Ripple’s IPO timing aligns favorably.
$15 is reasonable I believe over 18 months or so.
If they IPO and time it correctly, could be up to $35 imo.
Make no mistake… it may not go that high… but
$XRP
IS breaking an all time high this cycle save some sort of pointless, vindictive SEC appeal. (Low chance)
https://t.co/rrMCuOacrE
— Bitboy Crypto (@Bitboy_Crypto)
July 19, 2023
Such a surge would represent an astonishing 4,200% increase, supported by recent legal victories that have clarified XRP’s future path.
An IPO in the Works
Speculation about Ripple’s IPO has been circulating for some time, with CEO Brad Garlinghouse hinting at the possibility even before the SEC lawsuit began. Despite legal challenges potentially delaying Ripple’s plans, many in the crypto community believe that an IPO could significantly bolster XRP’s market position, signaling optimism towards this digital asset’s future.
Will Ripple’s IPO rewrite the crypto rulebook? Only time will tell, but one thing’s for sure: XRP is a story to watch.
Tags
Ripple (XRP)