Why Ripple’s Stock Could Have a 20x Valuation
Financial analyst Linda Jones suggests that Ripple’s stock could be worth 20 times its current price. She draws a parallel with Coinbase’s IPO, which had an initial valuation of $86 billion and saw its stocks reach $429. If Ripple follows a similar trajectory, its stock price could surpass its current valuation of $35. Jones also takes into account Ripple’s escrowed XRP holdings, estimating that the company could be valued at $107 billion if these funds are included. This would imply a stock price of $600 on the day of going public.
How Ripple Could Be Worth Half a Trillion
Jones further proposes that if the SEC case against Ripple concludes and XRP reaches its all-time high, Ripple’s escrowed XRP holdings would be valued at around $150 billion. This could potentially increase Ripple’s overall value to approximately $500 billion. Jones believes that this valuation during the IPO is not unrealistic, citing other companies with trillion-dollar valuations. She compares Ripple to tech giants like Apple, Microsoft, and Nvidia, suggesting that it has the potential to match their success.
Hot Take: Investing in Ripple Now
Linda Jones asserts that investing in Ripple now is a smart move as its stock value is predicted to rise significantly. She believes there is potential for Ripple to set a new record for company valuation and urges investors to take advantage of this opportunity. With her analysis pointing towards substantial growth, Jones sees Ripple as an undervalued asset with the possibility of significant returns.
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