Once a rumor can become today\u2019s reality, Ripple\u2019s much-anticipated move of the year will be an IPO. IPO has been buzzing since Ripple won the summary judgment, and Ripple\u2019s CEO announced a success party for its true XRP community for supporting the native token all through three years.<\/p>\n
But one question everyone is keen to know is how Ripple would react when Ripple goes public via an initial public offering (IPO). Will its native token which has been sailing flat at $0.50 for the past few months, resurrect and achieve a new ATH? Let\u2019s understand the chances.\u00a0<\/p>\n
Financial veteran Linda Jones, with a seasoned background on Wall Street, has analyzed Ripple\u2019s situation from an investor\u2019s perspective. She\u2019s tossed out a $5.7 billion valuation for Ripple\u2019s potential stock, a figure she believes to be quite conservative. Based on Linqto platform data, the per-share price is estimated at $35.<\/p>\n
However, Jones has a more bullish scenario in mind. She contends that Ripple, with its hefty XRP holdings and the impressive debut value of Coinbase, could potentially be valued at $107 billion. Should this projection hold, Ripple\u2019s stock could be priced at around $600.\u00a0<\/p>\n
If it all happens, then the analyst is sure that Ripple\u2019s stock soars to these anticipated heights; it could also give XRP\u2019s price a rocket boost. This situation, though, is quite unprecedented. We\u2019ve seen Bitcoin’s price surge directly impacting the stock prices of Bitcoin mining companies. Applying this logic to Ripple, it\u2019s plausible that a surge in its stock price could significantly pique interest in XRP, potentially leading to an uptick in its value.\u00a0<\/p>\n
Challenges it can face? <\/strong><\/p>\n Ripple is technically further along the road to IPO, but their problem is that IPO has to go through SEC approval, so it could be delayed unless it moves outside the USA. Can\u2019t see them relocating now they have clarity for XRP so that you can bet on Ripple, but I wouldn\u2019t expect it too soon.<\/p>\nXRP to Hit New ATH? <\/strong><\/h2>\n