Ripple IPO Rumors Grow Stronger with Job Listing
The rumors of a Ripple Initial Public Offering (IPO) are gaining traction, and a recent job listing by Ripple seems to support these speculations. The XRP community has discovered a job posting for a Shareholder Communications Senior Manager at Ripple, which suggests that the company may be preparing for an IPO.
Ripple’s Search for Shareholder Communications Manager
The job listing requires the accepted candidate to work closely with various teams at Ripple and maintain communication between potential shareholders and investors. Additionally, they will be responsible for managing a shareholder database and investor/analyst communication database. These responsibilities align with activities commonly seen in companies that have undergone an IPO.
Furthermore, the Shareholder Communications Senior Manager is expected to organize an Annual Analyst Day, an event typically held by publicly traded companies.
CEO Brad Garlinghouse’s Previous Remarks
Ripple’s CEO Brad Garlinghouse previously hinted at the possibility of initial public offerings in the crypto industry. In 2020, he mentioned that IPOs would occur within the next 12 months, which turned out to be true when Coinbase went public on April 14, 2021.
Potential Impact on XRP Price
The potential Ripple IPO has sparked discussions about its impact on the price of XRP. Financial expert Linda Jones estimated that if Ripple were valued at $107 billion, as she predicted, it could cause the XRP price to surge above $100. Crypto influencer BitBoy also believes that an IPO could lead to an XRP price of $35.
While Ripple has not confirmed these rumors, many believe that an IPO would have a bullish effect on the XRP price.
Hot Take: Ripple’s IPO Could Drive XRP Price to New Heights
The growing rumors surrounding Ripple’s potential IPO and the recent job listing for a Shareholder Communications Senior Manager indicate that the company may indeed be preparing for this significant event. If Ripple goes public, it could have a profound impact on the price of XRP. Financial experts and crypto influencers have made predictions ranging from $35 to over $100 per XRP token. While these numbers are speculative, the general consensus is that an IPO would likely drive the XRP price upward. As the anticipation continues to build, it will be interesting to see how Ripple’s IPO plans unfold and what it means for the XRP market.
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