Will the price of XRP rise to $4,800?

A recent news spread suggests that the price of XRP could rise to $4,800 and surpass the price of Ethereum (Ethereum-ETH), but skeptics see this as not far-fetched. This potential increase could diminish the significance of current price levels of Bitcoin (Bitcoin-BTC).

However, Ripple has contributed to this possibility when its CEO, Brad Garlinghouse, hinted at the potential for an Initial Public Offering (IPO) of the company's shares, with speculation about that happening by the end of this year. The transformation of Ripple into a publicly traded company could increase the popularity of the company and its currency XRP worldwide, which could lead to the significant price movements that the surgeon predicted.