Linda P. Jones, a former Wall Street financial expert, recently shared her optimistic views on Ripple during a presentation. She highlighted the potential for Ripple, especially in comparison to Coinbase, and discussed why she believes Ripple may be undervalued.
Jones pointed out that Ripple’s current valuation on the Linqto investment platform is $7.5 billion, significantly lower than its valuations in 2020 and 2022. She emphasized that this lower valuation could be advantageous for investors.
Drawing a comparison to Coinbase’s IPO valuation of $86 billion, Jones suggested that if Ripple were to go public with a similar market response, it could yield an eleven-fold return based on its current valuation. Additionally, she mentioned Ripple’s significant holdings of XRP, valued at approximately $29 billion.
Jones proposed that future changes in accounting standards might allow companies like Ripple to include cryptocurrencies like XRP on their balance sheets, further enhancing Ripple’s valuation. She estimated a total valuation of $115 billion for Ripple, indicating a possible 15 times return on investment from current levels.
Furthermore, Jones discussed the potential for XRP to reach its all-time high of $3.59, which could increase Ripple’s total valuation to $150 billion, representing a 20-fold increase from its current valuation on Linqto.
She referenced historical price movements of XRP in 2017, where it saw a significant increase of 60,000% in just 248 days. Jones hinted at undisclosed partnerships with major corporations like Amazon and Apple, which could further strengthen Ripple’s position in the market.
Jones concluded her presentation by emphasizing the potential value for investors who are already in or considering entering Ripple or XRP. She highlighted the blue sky ahead for Ripple and XRP, suggesting that there are still opportunities for growth.
In conclusion, Jones’s insights shed light on the potential for Ripple and XRP in the market, emphasizing the value it could offer to investors. With the evolving landscape of cryptocurrencies and potential regulatory changes, Ripple’s future looks promising for those willing to invest in it.
As the crypto industry continues to evolve, it’s essential for investors to stay informed and conduct their own research before making any investment decisions. The potential for growth in Ripple and XRP is significant, but it’s crucial to approach investment opportunities with caution and diligence.