The potential for a Ripple Initial Public Offering (IPO) continues to raise discussions within the cryptocurrency community. While the long-awaited event has faced delays due to ongoing legal battles with the SEC, speculation regarding its impact on Ripple’s stock price and XRP remains high.
Ripple’s IPO and Stock Price Projections
Industry figures hold varying opinions on a Ripple IPO’s potential timing and outcome. Some, like attorney John Deaton, believe it could occur once the SEC lawsuit is resolved. Others, such as Ripple CEO Brad Garlinghouse, have expressed concerns about the current US regulatory environment and haven’t ruled out pursuing an IPO overseas.
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Despite these uncertainties, some investment firms have offered preliminary figures for Ripple’s stock price and valuation post-IPO. Linqto, a US-based platform, estimates a current per-share price of $40.99, translating to a total valuation of $7.3 billion. This represents an increase from the $5.7 billion valuation projected last year.
Investor Optimism and Potential Price Surge
Financial commentator Zach Rector has suggested that Ripple’s extensive XRP holdings could position it for a significant IPO. Experts believe a successful IPO could lead to a substantial rise in Ripple’s stock price.
XRP’s price might be affected by a proportional increase alongside Ripple’s stock price after the IPO. Assuming a rise from the current $40.99 per share to $100, a 2.43x increase would be required. If XRP were to experience a proportional surge, its price would climb to approximately $1.16 from its current value of $0.4945.
However, projections regarding Ripple’s post-IPO valuation vary greatly. While Linqto’s data suggests a potential valuation of $17.8 billion based on an outstanding share figure of 178 million, industry figures like John Deaton envision a much higher valuation exceeding $100 billion. Such a scenario would translate to a per-share price of $561 for Ripple stock. If XRP followed suit, its price could theoretically skyrocket to $6.56.
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Read Also: Ripple CEO Brad Garlinghouse Shares Update On IPO
Bullish Predictions and High Price Points
Wall Street veteran Linda Jones presents an even more bullish prediction, suggesting a potential per-share price of $600 for Ripple, citing the company’s significant XRP holdings. This scenario would necessitate a more dramatic increase of 14.63x from the current price. If XRP were to experience a similar proportional rise, it could surpass the $7 mark.
Acknowledging that these projections are hypothetical and based on various assumptions is important. The actual impact of a Ripple IPO on both its stock price and XRP’s price remains uncertain. Investors should conduct thorough research and consider all available information before making any investment decisions related to Ripple or XRP.
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. Times Tabloid is not responsible for any financial losses.
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