{"id":572460,"date":"2024-01-31T11:00:47","date_gmt":"2024-01-31T11:00:47","guid":{"rendered":"https:\/\/ktsl888.com\/?p=572460"},"modified":"2024-06-11T08:35:20","modified_gmt":"2024-06-11T08:35:20","slug":"ripple-ipo-wall-street-2000","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple\/ripple-ipo-wall-street-2000\/","title":{"rendered":"Ripple IPO: Wall Street Veteran Explains Why Shares Could Surge 2000% Before Public Listing"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Pro-XRP Wall Street financial analyst <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-is-the-coin-to-hold\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Linda Jones<\/span><\/a><span style=\"font-weight: 400\"> recently shared her thoughts on a potential <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-ripple-ipo-in-2024\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Ripple Initial Public Offering<\/span><\/a><span style=\"font-weight: 400\"> (IPO). Specifically, she <\/span><a href=\"https:\/\/twitter.com\/DigPerspectives\/status\/03027712\" rel=\"nofollow\"><span style=\"font-weight: 400\">elaborated<\/span><\/a><span style=\"font-weight: 400\"> on her belief that the crypto firm was currently undervalued and how the company\u2019s stocks could still rise before it went public.\u00a0<\/span><\/p>\n<h2>Why Ripple\u2019s Stock Could Be Worth 20 Times Its Current Price<\/h2>\n<p><span style=\"font-weight: 400\">Linda Jones used <\/span><a href=\"https:\/\/bitcoinist.com\/coinbase-to-direct-list-on-the-nasdaq-on-april-14th\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Coinbase\u2019s IPO<\/span><\/a><span style=\"font-weight: 400\"> 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<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/bitcoin\/when-bitcoin-price-170000\/\">Skybridge Capital CEO Reveals When Bitcoin Price Will Reach $170,000<\/a><\/div>\n<p><span style=\"font-weight: 400\">Interestingly, the analyst factored in <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-reveals-potential-end-date-for-xrp-unlocks-but-theres-a-problem\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Ripple\u2019s escrowed XRP holdings<\/span><\/a><span style=\"font-weight: 400\"> 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).<\/span><\/p>\n<p><span style=\"font-weight: 400\">Going by Jones\u2019 analysis, <\/span><a href=\"https:\/\/bitcoinist.com\/bank-of-america-praises-ripple-for-impact\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Ripple<\/span><\/a><span style=\"font-weight: 400\"> having a valuation of $107 billion means that the company\u2019s stocks could trade at $600 on the first day of <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-ipo-crypto-giant-public\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">being publicly listed<\/span><\/a><span style=\"font-weight: 400\">. 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<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/EnrTn8EQ\/\" alt=\"XRP price chart from Tradingview.com (Ripple)\" width=\"3266\" height=\"1530\"><\/p>\n<pre style=\"text-align: center\">XRP price at $0.5 | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">XRPUSD On Tradingview.com<\/a><\/pre>\n<h2>How Ripple Could End Up Being Worth Half A Trillion<span style=\"font-weight: 400\">\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Linda Jones also mentioned that Ripple could end up being worth half a trillion if the <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-sec-proposed-schedule\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">SEC\u2019s case against Ripple<\/span><\/a><span style=\"font-weight: 400\"> were to end soon and XRP rises back to its all-time high (ATH). If the latter happens, <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-cto-burn-xrp-holdings\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Ripple\u2019s escrowed XRP holdings<\/span><\/a><span style=\"font-weight: 400\"> will be worth around $150 billion. That could ultimately increase Ripple\u2019s value to about $500 billion, the analyst claims.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-doge-ready-to-pop\/\">Dogecoin On The Verge Of Breakout: Crypto Analyst Says Get Ready For DOGE To Pop<\/a><\/div>\n<p><span style=\"font-weight: 400\">Jones believes that Ripple being valued at $500 billion <\/span><a href=\"https:\/\/bitcoinist.com\/wall-street-veteran-says-ripple-ipo-is-coming\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">during the IPO<\/span><\/a><span style=\"font-weight: 400\"> isn\u2019t farfetched, considering that there are companies that are already valued at up to a trillion. She <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-is-the-coin-to-hold\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">further compared<\/span><\/a><span style=\"font-weight: 400\"> Ripple to the likes of Apple, Microsoft, and Nvidia, suggesting that the crypto firm could match up to these blue chip companies.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The financial analyst\u2019s <\/span><a href=\"https:\/\/bitcoinist.com\/wall-street-financial-veteran-reveals-massive-potential-behind-xrp\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">belief in Ripple\u2019s potential<\/span><\/a><span style=\"font-weight: 400\"> 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<\/span><\/p>\n<div class=\"disclaimer-shortcode\">Chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pro-XRP Wall Street financial analyst Linda Jones recently shared her thoughts on a potential Ripple Initial Public Offering (IPO). Specifically, she elaborated on her belief that the crypto firm was currently undervalued and how the company\u2019s stocks could still rise before it went public.\u00a0 Why Ripple\u2019s Stock Could Be Worth 20 Times Its Current Price Linda Jones used Coinbase\u2019s IPO 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 Related Reading: Skybridge Capital CEO Reveals When Bitcoin Price Will Reach $170,000 Interestingly, the analyst factored in Ripple\u2019s escrowed XRP holdings 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). Going by Jones\u2019 analysis, Ripple having a valuation of $107 billion means that the company\u2019s stocks could trade at $600 on the first day of being publicly listed. 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 XRP price at $0.5 | Source: XRPUSD On Tradingview.com How Ripple Could End Up Being Worth Half A Trillion\u00a0 Linda Jones also mentioned that Ripple could end up being worth half a trillion if the SEC\u2019s case against Ripple were to end soon and XRP rises back to its all-time high (ATH). If the latter happens, Ripple\u2019s escrowed XRP holdings will be worth around $150 billion. That could ultimately increase Ripple\u2019s value to about $500 billion, the analyst claims.\u00a0 Related Reading: Dogecoin On The Verge Of Breakout: Crypto Analyst Says Get Ready For DOGE To Pop Jones believes that Ripple being valued at $500 billion during the IPO isn\u2019t farfetched, considering that there are companies that are already valued at up to a trillion. She further compared Ripple to the likes of Apple, Microsoft, and Nvidia, suggesting that the crypto firm could match up to these blue chip companies.\u00a0 The financial analyst\u2019s belief in Ripple\u2019s potential 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 Chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":572473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[5720,89928,3680,89671,17209,10968,4531,83637,10972,78763],"class_list":["post-572460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-ipo","tag-ipo-news","tag-ripple","tag-ripple-ipo","tag-ripple-news","tag-ripple-price","tag-xrp","tag-xrp-news","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>Ripple IPO: Wall Street Veteran Explains Why Shares Could Surge 2000% Before Public Listing<\/title>\n<meta name=\"description\" content=\"Pro-XRP Wall Street financial analyst Linda Jones recently 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