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

In
a
recent

presentation,
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.

Why
Ripple
Could
Be
Massively
Undervalued

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?”

Related
Reading

The
financial
expert
utilized
the

initial
public
offering
(IPO)
of
Coinbase
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

historical
price
movements
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

having
an
IPO
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.

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