Pro-XRP lawyer says Ripple could hit 100 billion market cap post-IPO

John E. Deaton’s optimistic outlook suggests Ripple’s potential valuation could surpass 100 billion USD. Ripple currently holds nearly 40 billion XRP, contributing to an estimated internal value of about 80 billion USD at present market prices.

Despite Ripple’s executives denying an immediate IPO, their recent 700 million USD share buyback program and major acquisitions signal they are preparing for public listing. These actions align with typical signs of companies gearing up for an IPO.

Recent investments, like VivoPower’s 121 million USD in XRP, show growing institutional confidence in Ripple’s future. This increasing interest reflects a belief that XRP will play a critical role in the evolving financial landscape.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts