Ripple’s upcoming IPO has stirred excitement and speculation in the crypto community. If Ripple’s stock hits $100 post-IPO, XRP could potentially quadruple 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 amidst regulatory challenges and considerations for global listings.
Despite facing a prolonged SEC lawsuit, Ripple remains determined to pursue 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.
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.
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.
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.
Such a surge would represent an astonishing 4,200% increase, supported by recent legal victories that have clarified XRP’s future path.
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.
Also Read : XRP Price Boosted by Ripple’s Legal and Expansion Wins: Will It Break 54 Cents?
Will Ripple’s IPO rewrite the crypto rulebook? Only time will tell, but one thing’s for sure: XRP is a story to watch.
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