Here is XRP Price if Ripple Stock Hits $100 After IPO

In a case of proportional increase, the XRP price could increase by nearly two-fold if Ripple stock reaches $100 after the much-anticipated IPO.

Discussions around the forthcoming Ripple Initial Public Offering (IPO) have slowed in recent times, but the company remains dedicated to going public. Some industry commentators like attorney John Deaton suggest that the IPO could come up after the conclusion of the SEC lawsuit, which has dragged on for nearly four years.

Meanwhile, due to the regulatory issues in the United States, Ripple CEO Brad Garlinghouse disclosed in January that the company has considered the possibility of going public overseas. Last month, Garlinghouse emphasized that going for an IPO under the current SEC administration would not make sense.

Bullish Expectations Around Ripple IPO

Despite these discussions, industry leaders remain confident that an IPO in the United States could still occur, especially considering recent pivotal developments. Should this eventually materialize, projections of a surge in the per share value and total valuation of the Ripple stock have emerged.

Notably, Linqto, an American-based investment firm that permits investments in pre-IPO stocks, has provided implied figures for Ripple’s valuation and the price of each share. Per the data, Ripple’s share currently stands at $40.99, with a total implied valuation of $7.3 billion, up from the $5.7 billion figure recorded last year.

Ripple Pre IPO Shares | Linqto

In February, media personality Zach Rector suggested that Ripple could have one of the largest IPOs in recent times due to its extensive holding of XRP. If these projections occur and the IPO pushes Ripple’s stock to a high value such as $100 per share, some market experts believe this could dramatically impact XRP’s price.

XRP Price if Ripple Hits $100 Per Share

The Crypto Basic recently assessed how much XRP would rise to if it surges proportionally with the increase in Ripple stock post-IPO. Notably, at a current value of $40.99, an increase to $100 would require a 2.43x surge. If XRP records a proportional rise, its price would spike to $1.16% from the current $0.4792 value.

Notably, at $100 per share, Ripple could be valued at $17.8 billion, considering an outstanding share figure of 178 million, per Linqto data. Projections from multiple industry commentators suggest that the $17.8 billion might be an underestimate.

For instance, Deaton predicts a valuation of $100 billion for Ripple after the IPO. This projected valuation would translate to $561 per share. If XRP rose at the same proportion as Ripple’s shares, its price would skyrocket to $6.56.

In addition, Linda Jones, a notable Wall Street veteran, predicted that Ripple could trade at $600 per share, citing its massive XRP holdings. A $600 price would lead require a 14.63x spike in the current value per share. Should XRP rise by a similar rate, it could increase from the current $0.4792 price to cross the $7 threshold.

Source