Freedom

Quantum

In a recent <a href="https://x.com/Ray_Fuentes1111/status/1816742074076790814" target="_blank" rel="noopener nofollow">presentation</a>, Linda P. Jones, a former Wall Street financial expert and author of the bestseller “3 Steps to Quantum Wealth: The Wealth Heiress’ Guide to Financial Freedom by Investing in Cryptocurrencies,” detailed her bullish outlook for Ripple, leveraging a valuation comparison with Coinbase and the potential of XRP. 
<h2 id="why-ripple-could-be-massively-undervalued">Why Ripple Could Be Massively Undervalued</h2> 
Jones began by noting Ripple’s present valuation on the Linqto investment platform at $7.5 billion—a stark contrast to its 2020 and 2022 valuations of $10 billion and $15 billion respectively. These figures were determined during Ripple’s Series C buyback phases. She underscored this point by stating, “That’s amazing to me that it’s such a low valuation. That’s good for us as investors. Right?” 
The financial expert utilized the <a href="https://www.newsbtc.com/news/coinbase-ipo-will-see-co-founder-brian-armstrong-join-the-ultra-rich/" target="_blank" rel="noopener ">initial public offering (IPO) of Coinbase</a> as a benchmark for Ripple’s potential market entry. She highlighted that when Coinbase went public in 2021, at the peak of the cryptocurrency market’s surge, it was valued at $86 billion. Given this comparison, Jones argued that if Ripple were to IPO with a similar market reception, it would yield an eleven-fold return based on its current valuation. 
Adding a layer to her valuation model, Jones discussed the significant holdings of XRP by Ripple. Ripple currently has 48 billion XRP in escrow, valued at approximately $29 billion at the current market rate of $0.61 per XRP. Jones pointed out, “Now, Ripple does not put it on their books. They don’t value it. They don’t give XRP any value. But they do sell XRP, and they do make money from selling XRP.” 
She proposed that future changes in accounting standards might allow cryptocurrencies like XRP to be included on balance sheets, which would further enhance Ripple’s valuation: “Joe [Endoso, CEO of Linqto], and I believe that the accounting standards will change and will allow a company that has a cryptocurrency to be able to have it on their balance sheet in the future.” 
With Ripple’s potential IPO valuation combined with the current market value of XRP, Jones estimated a total valuation of $115 billion, indicating a possible 15 times return on investment from current levels. Furthermore, if XRP were to return to its all-time high of $3.59, seen in 2017, she suggested that Ripple’s total valuation could reach $150 billion, equating to a 20-fold increase from its current valuation on Linqto. 
Jones referenced <a href="https://www.newsbtc.com/news/ripple/xrp-lawsuit-news-updates-schedule-price-predictions/" target="_blank" rel="noopener ">historical price movements</a> of XRP from 2017, where it saw a dramatic increase of 60,000% in just 248 days. “We’re repeating that pattern right now. We’re at the tip of the wedge,” she elaborated, suggesting a possible repeat of these dynamics. 
Highlighting the strategic silence on customer agreements and other news, Jones hinted at significant undisclosed partnerships with major corporations such as Amazon and Apple, which could further bolster Ripple’s standing if confirmed. 
“That’s without the settlement with the SEC. That’s without having crypto laws. That’s without <a href="https://www.newsbtc.com/news/ripple/ripple-ipo-may-be-delayed-why/" target="_blank" rel="noopener ">having an IPO</a> announced. That’s without having an ETF. That’s without having any disclosure about customer agreements that Ripple has because they’ve had to be very quiet about that. We happen to believe they have agreements with Amazon and Apple,” Jones said. 
Related Reading: <a href="https://www.newsbtc.com/xrp-news/pro-xrp-lawyer-ripple-sec-settlement-rumor/" target="_blank" rel="noopener ">Pro-XRP Lawyer Debunks Ripple-SEC Settlement Rumor For Tomorrow</a> 
She concluded her presentation by emphasizing the promising value for investors who are currently in or considering entering Ripple or XRP. “So we have all kinds of blue sky ahead in terms of possibilities for XRP and for Ripple. So I just want to point out what a great value it is for those of us who have already invested. But it’s still available on the [Linqto] platform as of today,” she concluded. 
At press time, XRP traded at $0.60. 
<img decoding="async" class="wp-image-631753 size-full" src="https://www.newsbtc.com/wp-content/uploads/2024/07/XRPUSDT_2024-07-26_12-53-51.png?resize=3628%2C1675" alt="XRP Price" width="3628" height="1675" srcset="https://www.newsbtc.com/wp-content/uploads/2024/07/XRPUSDT_2024-07-26_12-53-51.png?resize=3628%2C1675?w=3628 3628w, https://www.newsbtc.com/wp-content/uploads/2024/07/XRPUSDT_2024-07-26_12-53-51.png?resize=3628%2C1675?w=460 460w, https://www.newsbtc.com/wp-content/uploads/2024/07/XRPUSDT_2024-07-26_12-53-51.png?resize=3628%2C1675?w=768 768w, https://www.newsbtc.com/wp-content/uploads/2024/07/XRPUSDT_2024-07-26_12-53-51.png?resize=3628%2C1675?w=860 860w, https://www.newsbtc.com/wp-content/uploads/2024/07/XRPUSDT_2024-07-26_12-53-51.png?resize=3628%2C1675?w=1536 1536w, https://www.newsbtc.com/wp-content/uploads/2024/07/XRPUSDT_2024-07-26_12-53-51.png?resize=3628%2C1675?w=2048 2048w, https://www.newsbtc.com/wp-content/uploads/2024/07/XRPUSDT_2024-07-26_12-53-51.png?resize=3628%2C1675?w=750 750w, https://www.newsbtc.com/wp-content/uploads/2024/07/XRPUSDT_2024-07-26_12-53-51.png?resize=3628%2C1675?w=1140 1140w, https://www.newsbtc.com/wp-content/uploads/2024/07/XRPUSDT_2024-07-26_12-53-51.png?resize=3628%2C1675?w=3000 3000w" sizes="(max-width: 1000px) 100vw, 1000px" loading="lazy" data-recalc-dims="1">

Wall Street Expert Sees 20x Potential In Ripple Via XRP And IPO

Съдържание

NewsBTC

Други статии, публикувани на 26.07.2024 г.

Cypherpunk Holdings Ramps Up Solana Holdings to $14M, Plans Validator Node

This Altcoin Announced Plans to Purchase Tokens from the Market! What Will Be Returned to Users

Bitcoin Nashville 2024 Conference: Day One Highlights

Kwenta and Perennial Kickstart Arbitrum Expansion with 1.9M ARB (26 Jul)

Apu Apustaja Price Prediction: APU Is Top Meme Coin Gainer With 19% Pump And This Might Be The Ne...

Investors Drive Crypto Market Surge

Присъединете се към нашия безплатен бюлетин за ежедневни крипто актуализации!