๐๐ข๐ฉ๐ฉ๐ฅ๐ ๐๐๐ ๐๐จ๐ฎ๐ฅ๐ ๐๐๐ฏ๐ ๐๐ง โ๐๐ง๐ฌ๐๐ง๐๐ฅ๐ฒ ๐๐ข๐ ๐กโ ๐๐๐ฅ๐ฎ๐
โค Whatโs Going On?
Ripple (the company behind the XRP token) might be planning to go public โ meaning it could sell shares on the stock market through an IPO (Initial Public Offering).
A top crypto account on X, Pentoshi, says this IPO will have an โinsanely stupidโ or extremely high value.
This talk started after Circleโs successful IPO, which saw a huge price jump on the first day.
โค Why Now?
Rippleโs CEO, Brad Garlinghouse, has said before they might go public in late 2025 or early 2026.
But Ripple delayed IPO plans in the past because of its legal fight with the U.S. SEC.
Now that Circle went public successfully, Ripple might follow the same path.
โค Whatโs the Problem?
Pentoshi believes Ripple's IPO price will be too high โ just like Circleโs, where investors may have overpaid.
Ripple is currently said to be worth about $11.3 billion โ but XRP (the token it created) has a market cap of $132.68 billion.
This confuses people, because XRP and Ripple are not the same thing, even though theyโre connected.
โค What Are People Saying?
The post got a lot of attention. Some users think:
โ The IPO wonโt help XRPโs price
โ Ripple is just trying to copy Circleโs move
โ This IPO would be more of a headline than a real change
One comment said:
โThe IPO might sound exciting, but unless Ripple escapes its SEC issues, XRP wonโt move much.โ
โค Whatโs Next?
So far, Ripple has not confirmed anything officially.
But thereโs a trend building:
After Circle, Gemini exchange is also preparing to go public (it filed papers with the SEC on June 6).
Ripple might be the next big name to jump in.