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RISE OF RIPPLE: WILL XRP SHATTER $100 BILLION?!
Is the Ripple IPO About to Become a Reality?! Pro-XRP attorney John E. Deaton sparked a firestorm of speculation late Monday—are we on the brink of Ripple’s long-awaited initial public offering? The stakes couldn’t be higher, as Deaton boldly asserts that Ripple could soar beyond a staggering $100 billion valuation if the timing is right.
Circle’s Mega Market Cap Lights the Fuse! Following stablecoin issuer Circle’s jaw-dropping market cap of $62-75 billion, Deaton’s optimism is infectious. He pointed out that if Circle can achieve those heights, then Ripple, with nearly 40 billion XRP lurking at a $2 price tag (totaling around $80 billion), is more than capable of breaking the $100 billion ceiling in this booming market.
RIPPLE’S VALUATION IS GOING THROUGH THE ROOF!
Brace yourselves! Just days ago, Ripple launched a staggering $700 million tender offer, valuing private shares at a mind-blowing $175—an eye-popping 135% jump from recent trading levels! This isn’t just a casual uptick; insiders are sending signals that they believe Ripple’s worth has skyrocketed since the $65 tender two summers ago. With assets totaling an astonishing $94 billion, Ripple is leaving no doubts about its financial muscle.
ARE WE SEEING THE CALM BEFORE THE STORM? Despite management’s reassurances that liquidity events are mere “housekeeping,” the clock is ticking! CEO Brad Garlinghouse claims an IPO is "not a priority," but could regulatory challenges be what’s holding them back? The SEC’s retreat from appealing Judge Analisa Torres’s ruling that XRP sales aren’t securities has thrown a legal lifeline, and Ripple could be gearing up for takeoff.
JUDGE TORRES HOLDS THE KEY TO RIPPLE’S FUTURE!
The key turning point? Judge Torres’s decision on a significant motion submitted on June 13. If she gives the green light, Ripple will close the chapter on its five-year legal saga with not just a leaner penalty but an ironclad validation.
Ripple’s valuation isn’t just hype! Deaton’s audacious projection hinges on treating Ripple’s XRP escrow as a rock-solid asset base. There’s chatter that public investors will come knocking at a value even above the current price!
COULD RIPPLE SMASH COINBASE’S RECORD?
If Ripple takes the plunge at a fully-diluted valuation of $100 billion, it will obliterate Coinbase’s $86 billion record set in April 2021, setting a brand-new high marker for crypto equity listings!
As the countdown to the July 9 expiration of the tender-offer ticks down, investors are sharpening their glasses and peering into the fog of corporate communications for clues.
Ripple’s current price? A thrilling $2.168. The forces of financial nature are aligning—will Ripple rise to become the giant of the crypto world? Only time will tell!
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