Linda Jones, a respected financial expert, has caused quite a stir in the investment world by announcing that Ripple’s current shares, costing around $40, could turn into a real fortune after the company’s IPO.
Huge opportunities lie ahead for Ripple
Amid the growing enthusiasm around Ripple’s potential IPO, Wall Street’s Linda Jones decided to share her expertise. According to Jones, buying Ripple shares before the IPO is currently one of the best investment moves one can make. During the investor meeting, Linqto explained the basis of her beliefs.
She focused on important aspects to consider when evaluating this investment. First of all, she pointed to the company’s fundamental value, which currently stands at around $6.6 billion. In her opinion, it provides the foundation for Ripple’s future growth:
“Ripple’s current valuation of $6.6 billion has the potential to grow many times over in the future.”
Jones also compared Ripple to Coinbase, which entered the market with a capitalization of $86 billion. Comparing the two companies, Jones suggests that Ripple’s current valuation is significantly lower than that of Coinbase, giving investors room to speculate on rising stock prices.
Potential investment scenario
The scenario that the expert decided to present more broadly is extremely interesting. Imagine an investment of $10,000 in Ripple. Once Ripple achieves success on the scale of Coinbase, the value of this investment could rise to an impressive $100,000. However, Jones is convinced that there is potential for even more profit, even if Ripple is not as successful:
“It’s possible even if Ripple doesn’t perform as well as Coinbase, and there’s a very good reason for that.”
Jones points to the unique issue of Ripple’s accounting. Currently, Ripple does not assign any value to its XRP asset on its balance sheet. According to the expert, if the company’s representatives decided to change this, the effects would be significant.
“What if Ripple reaches the maxima of its XRP asset, which was around $3.40? Then the potential for growth could be huge, and an investment of $10,000 could yield a return of as much as $140,000.”
Ripple IPO almost certain
In conclusion, Wall Street’s Linda Jones underscores the enormous growth potential of Ripple shares ahead of the IPO. Although investments in cryptocurrencies always involve risks, according to her, we are at an ideal time to consider buying the company’s shares.
According to experts, the probability of Ripple’s IPO is as high as 98%. Nevertheless, the Silicon Valley company is not revealing any details about the IPO work.