Featured image from CoinCodex, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
In a recent development, a prominent figure in the XRP community has explained why members of the community should be careful about being so excited about a Ripple IPO. Using historical data, she elaborated on why an IPO isn\u2019t as straightforward and profitable as some might think.\u00a0 Why Investors Should Be Cautious In a post shared on her X (formerly Twitter) platform, Crypto Eri revealed how investors aren\u2019t excited about IPOs in what sounded like a note of warning to those who are ready to go all in if Ripple were to go public.\u00a0 Related Reading: Countdown to Chaos: Ethereum Insider To Expose ETH Founders\u2019 Fraud In Weeks The reason for investors\u2019 lack of enthusiasm seems to be that the biggest IPOs of 2021 have shed 60% of their value since going public. According to her, this fact has also made other private entities cautious to hold off on their plans to go public.\u00a0 She highlighted certain \u201cessential components\u201d that investors should insist on when listening to anyone talk about price analysis and a company\u2019s valuation. These components include the components cash balance, debt, value of investment portfolio, total shares outstanding, and value of any on-hand assets.\u00a0 While Eri seems to be more cautious about a potential Ripple IPO, some others have taken a more bullish stance and are ready to go all in on it. One of them happens to be pro-XRP Wall Street financial analyst Linda Jones, who had predicted that a Ripple stock could be valued as high as $600.\u00a0 She also touted XRP as the next big thing in the financial market as she likened the crypto token to Microsoft and Apple\u2019s stocks.\u00a0 Maybe Not The Right Time For A Ripple IPO Eri\u2019s warning also seemed to be directed at Ripple as she highlighted key points that might make the crypto company reconsider if an IPO was already in the works. She drew comparisons between Ripple and other similar types of companies, as the former could take a cue from some of their actions.\u00a0 Related Reading: Analyst Predicts Bitcoin And Crypto Market Crash Of Epic Proportions, Here\u2019s When Interestingly, one of them happens to be Ripple\u2019s partner, Nium Global, which she noted was holding off its US IPO to \u201cpossibly the second quarter of 2025.\u201d She alluded to the fact that this decision was made despite the fact that Nium Global is doing pretty well and even recently launched a liquidity hub for FX.\u00a0 The XRP community might, however, not have to worry about how Ripple will fare if it goes public now, as there is evidence to suggest that the company doesn\u2019t plan on doing so anytime soon.\u00a0 The founder of Dizer Capital, Yassin Mobarak, recently revealed that Ripple\u2019s CEO Brad Garlinghouse mentioned that a Ripple IPO wasn\u2019t feasible until the company\u2019s legal battle with the SEC is over. XRP price drops to $0.65 | Source: XRPUSD on Tradingview.com Featured image from CoinCodex, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":560050,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[5720,89928,3680,89671,89927,17209,4531,83637,10972,78763],"class_list":["post-560044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-ipo","tag-ipo-news","tag-ripple","tag-ripple-ipo","tag-ripple-ipo-news","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n
Ripple IPO: Expert Reveals Why Investors Should Be Cautious<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n