🚨 Ripple IPO Could See “Insanely High” Valuation
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🔹 What’s Happening?
Ripple—the company behind XRP—might be eyeing a major IPO move. Popular X (Twitter) trader Pentoshi says the valuation could be “insanely stupid,” sparking debate across the crypto space.
🔹 Why Now?
After Circle’s successful IPO launch, Ripple could follow suit. CEO Brad Garlinghouse previously hinted at going public by late 2025 or early 2026. Past delays were linked to its ongoing legal battle with the SEC.
🔹 What’s the Concern?
Critics believe Ripple’s IPO could be overpriced, just like Circle’s. Ripple is currently valued at ~$11.3B—yet XRP’s market cap is over $130B. Confusion continues over the difference between Ripple (the company) and XRP (the token).
🔹 Community Reactions
– Some say the IPO won’t affect XRP’s price
– Others see it as Ripple copying Circle
– Many agree: It’s more hype than utility unless SEC issues are cleared
🔹 What’s Next?
Ripple hasn’t confirmed the IPO—but the trend is clear. After Circle, Gemini has filed to go public. Ripple could be the next domino.
Stay tuned. The IPO wave in crypto might just be starting. 🌊