{"id":35635,"date":"2024-01-31T11:52:36","date_gmt":"2024-01-31T15:52:36","guid":{"rendered":"http:\/\/cryptocornercafe.com\/cafe\/?p=35635"},"modified":"2024-01-31T11:52:36","modified_gmt":"2024-01-31T15:52:36","slug":"ripple-ipo-wall-street-veteran-explains-why-shares-could-surge-2000-before-public-listing","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2024\/01\/31\/ripple-ipo-wall-street-veteran-explains-why-shares-could-surge-2000-before-public-listing\/","title":{"rendered":"Ripple IPO: Wall Street Veteran Explains Why Shares Could Surge 2000% Before Public Listing"},"content":{"rendered":"

Pro-XRP Wall Street financial analyst Linda Jones<\/a> recently shared her thoughts on a potential Ripple Initial Public Offering<\/a> (IPO). Specifically, she elaborated<\/a> on her belief that the crypto firm was currently undervalued and how the company\u2019s stocks could still rise before it went public.\u00a0<\/p>\n

Why Ripple\u2019s Stock Could Be Worth 20 Times Its Current Price<\/h2>\n

Linda Jones used Coinbase\u2019s IPO<\/a> as a mirror to explain why Ripple\u2019s stock could be worth 20 times its current valuation. She noted that Coinbase was valued at $86 billion when it initially went public, and its stocks traded for as high as $429 during that period. If Ripple were to follow a similar path, then its stock price would be worth more than the $35, which it is currently valued at by private equity platform Linqto, Jones claimed.\u00a0<\/p>\n

Interestingly, the analyst factored in Ripple\u2019s escrowed XRP holdings<\/a> while trying to estimate how much the crypto firm could eventually be valued. According to her, Ripple could be valued as high as $107 billion if those escrowed funds (said to be worth $21 billion) are added to the $86 billion (if Ripple were to be valued similarly to Coinbase).<\/p>\n

Going by Jones\u2019 analysis, Ripple<\/a> having a valuation of $107 billion means that the company\u2019s stocks could trade at $600 on the first day of being publicly listed<\/a>. The analyst then went on to lay out a possible scenario where Ripple is valued at more than $107 billion, the amount under consideration.\u00a0<\/p>\n\n

How Ripple Could End Up Being Worth Half A Trillion\u00a0<\/h2>\n

Linda Jones also mentioned that Ripple could end up being worth half a trillion if the SEC\u2019s case against Ripple<\/a> were to end soon and XRP rises back to its all-time high (ATH). If the latter happens, Ripple\u2019s escrowed XRP holdings<\/a> will be worth around $150 billion. That could ultimately increase Ripple\u2019s value to about $500 billion, the analyst claims.\u00a0<\/p>\n

Jones believes that Ripple being valued at $500 billion during the IPO<\/a> isn\u2019t farfetched, considering that there are companies that are already valued at up to a trillion. She further compared<\/a> Ripple to the likes of Apple, Microsoft, and Nvidia, suggesting that the crypto firm could match up to these blue chip companies.\u00a0<\/p>\n

The financial analyst\u2019s belief in Ripple\u2019s potential<\/a> is why she boldly claims that purchasing Ripple\u2019s stock now is a great investment, as it will only go \u201cup\u201d from here. She also predicts that there could be a new record for a company at its valuation, and Ripple could be that company.\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

Pro-XRP Wall Street financial analyst Linda Jones<\/a> recently shared her thoughts on a potential Ripple Initial Public Offering<\/a> (IPO). Specifically, she elaborated<\/a> on her belief that the crypto firm was currently undervalued and how the company\u2019s stocks could still rise before it went public.\u00a0<\/p>\n

Why Ripple\u2019s Stock Could Be Worth 20 Times Its Current Price<\/h2>\n

Linda Jones used Coinbase\u2019s IPO<\/a> as a mirror to explain why Ripple\u2019s stock could be worth 20 times its current valuation. She noted that Coinbase was valued at $86 billion when it initially went public, and its stocks traded for as high as $429 during that period. If Ripple were to follow a similar path, then its stock price would be worth more than the $35, which it is currently valued at by private equity platform Linqto, Jones claimed.\u00a0<\/p>\n

Interestingly, the analyst factored in Ripple\u2019s escrowed XRP holdings<\/a> while trying to estimate how much the crypto firm could eventually be valued. According to her, Ripple could be valued as high as $107 billion if those escrowed funds (said to be worth $21 billion) are added to the $86 billion (if Ripple were to be valued similarly to Coinbase).<\/p>\n

Going by Jones\u2019 analysis, Ripple<\/a> having a valuation of $107 billion means that the company\u2019s stocks could trade at $600 on the first day of being publicly listed<\/a>. The analyst then went on to lay out a possible scenario where Ripple is valued at more than $107 billion, the amount under consideration.\u00a0<\/p>\n

How Ripple Could End Up Being Worth Half A Trillion\u00a0<\/h2>\n

Linda Jones also mentioned that Ripple could end up being worth half a trillion if the SEC\u2019s case against Ripple<\/a> were to end soon and XRP rises back to its all-time high (ATH). If the latter happens, Ripple\u2019s escrowed XRP holdings<\/a> will be worth around $150 billion. That could ultimately increase Ripple\u2019s value to about $500 billion, the analyst claims.\u00a0<\/p>\n

Jones believes that Ripple being valued at $500 billion during the IPO<\/a> isn\u2019t farfetched, considering that there are companies that are already valued at up to a trillion. She further compared<\/a> Ripple to the likes of Apple, Microsoft, and Nvidia, suggesting that the crypto firm could match up to these blue chip companies.\u00a0<\/p>\n

The financial analyst\u2019s belief in Ripple\u2019s potential<\/a> is why she boldly claims that purchasing Ripple\u2019s stock now is a great investment, as it will only go \u201cup\u201d from here. She also predicts that there could be a new record for a company at its valuation, and Ripple could be that company.\u00a0<\/p>\n

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