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<p>Pro-XRP Wall Street financial analyst <a href="https://bitcoinist.com/xrp-is-the-coin-to-hold/" rel="nofollow">Linda Jones</a> recently shared her thoughts on a potential <a href="https://bitcoinist.com/xrp-ripple-ipo-in-2024/" rel="nofollow">Ripple Initial Public Offering</a> (IPO). Specifically, she <a href="https://twitter.com/DigPerspectives/status/1663967273303027712" rel="nofollow">elaborated</a> on her belief that the crypto firm was currently undervalued and how the company’s stocks could still rise before it went public.&nbsp;</p> 
<h2 id="why-ripple-s-stock-could-be-worth-20-times-its-current-price">Why Ripple’s Stock Could Be Worth 20 Times Its Current Price</h2> 
<p>Linda Jones used <a href="https://bitcoinist.com/coinbase-to-direct-list-on-the-nasdaq-on-april-14th/" rel="nofollow">Coinbase’s IPO</a> as a mirror to explain why Ripple’s stock could be worth 20 times its current valuation. She noted that Coinbase was valued at $86 billion when it initially went public, and its stocks traded for as high as $429 during that period. If Ripple were to follow a similar path, then its stock price would be worth more than the $35, which it is currently valued at by private equity platform Linqto, Jones claimed.&nbsp;</p> 
<p>Interestingly, the analyst factored in <a href="https://bitcoinist.com/ripple-reveals-potential-end-date-for-xrp-unlocks-but-theres-a-problem/" rel="nofollow">Ripple’s escrowed XRP holdings</a> while trying to estimate how much the crypto firm could eventually be valued. According to her, Ripple could be valued as high as $107 billion if those escrowed funds (said to be worth $21 billion) are added to the $86 billion (if Ripple were to be valued similarly to Coinbase).</p> 
<p>Going by Jones’ analysis, <a href="https://bitcoinist.com/bank-of-america-praises-ripple-for-impact/" rel="nofollow">Ripple</a> having a valuation of $107 billion means that the company’s stocks could trade at $600 on the first day of <a href="https://bitcoinist.com/ripple-ipo-crypto-giant-public/" rel="nofollow">being publicly listed</a>. The analyst then went on to lay out a possible scenario where Ripple is valued at more than $107 billion, the amount under consideration.&nbsp;</p> 
<p><img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/EnrTn8EQ/" alt="XRP price chart from Tradingview.com (Ripple)" width="3266" height="1530"></p> 
<h2 id="how-ripple-could-end-up-being-worth-half-a-trillion">How Ripple Could End Up Being Worth Half A Trillion&nbsp;</h2> 
<p>Linda Jones also mentioned that Ripple could end up being worth half a trillion if the <a href="https://bitcoinist.com/ripple-sec-proposed-schedule/" rel="nofollow">SEC’s case against Ripple</a> were to end soon and XRP rises back to its all-time high (ATH). If the latter happens, <a href="https://bitcoinist.com/ripple-cto-burn-xrp-holdings/" rel="nofollow">Ripple’s escrowed XRP holdings</a> will be worth around $150 billion. That could ultimately increase Ripple’s value to about $500 billion, the analyst claims.&nbsp;</p> 
<p>Jones believes that Ripple being valued at $500 billion <a href="https://bitcoinist.com/wall-street-veteran-says-ripple-ipo-is-coming/" rel="nofollow">during the IPO</a> isn’t farfetched, considering that there are companies that are already valued at up to a trillion. She <a href="https://bitcoinist.com/xrp-is-the-coin-to-hold/" rel="nofollow">further compared</a> Ripple to the likes of Apple, Microsoft, and Nvidia, suggesting that the crypto firm could match up to these blue chip companies.&nbsp;</p> 
<p>The financial analyst’s <a href="https://bitcoinist.com/wall-street-financial-veteran-reveals-massive-potential-behind-xrp/" rel="nofollow">belief in Ripple’s potential</a> is why she boldly claims that purchasing Ripple’s stock now is a great investment, as it will only go “up” from here. She also predicts that there could be a new record for a company at its valuation, and Ripple could be that company.&nbsp;</p>

Ripple IPO: Wall Street Veteran Explains Why Shares Could Surge 2000% Before Public Listing

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