🚨 Ripple IPO Might Be Priced Sky-High — Here’s Why It Matters

🔍 The Buzz

There’s growing chatter that Ripple, the blockchain firm behind XRP, is gearing up to go public. According to prominent crypto voice Pentoshi on X, if Ripple launches an IPO, it could come with what he calls an “insanely stupid” valuation.

This speculation gained momentum following the explosive debut of Circle’s IPO, which saw a significant jump on its first trading day.

🕒 Why Now?

Ripple’s CEO, Brad Garlinghouse, has previously hinted that an IPO could be on the table for late 2025 or early 2026. However, the company has shelved those plans before due to its high-profile legal battle with the SEC.

Now, with Circle pulling off a strong IPO and even Gemini taking steps toward one (they filed with the SEC on June 6), Ripple may be ready to follow suit.

⚠️ The Concern

Critics like Pentoshi worry that Ripple’s valuation might be massively inflated — just like Circle’s was in the eyes of some investors.

Ripple is currently valued at around $11.3 billion, while its token XRP holds a market cap of about $132.68 billion. This creates confusion, since XRP and Ripple are separate entities, despite being closely linked.

💬 What the Community Thinks

Reactions are mixed:

Some argue that the IPO won’t affect XRP’s price at all

Others see Ripple as simply chasing headlines, trying to replicate Circle’s success

A few are skeptical that this move will make any meaningful difference without resolving regulatory issues

One user put it bluntly:

“The IPO might generate hype, but unless Ripple clears its regulatory hurdles, XRP isn’t likely to soar.”

📈 What’s Ahead?

While Ripple hasn’t confirmed anything officially, the crypto IPO trend is clearly gaining steam. With Circle’s IPO already out and Gemini preparing to list, all eyes are now on Ripple.

Will they jump in next? Stay tuned.

#Ripple #XRP #CryptoNews #IPO #Blockchain