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: XRP Skyrockets 40% As Speculation Of Ripple-SEC Settlement Gains Momentum 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. Related Reading: Pro-XRP Lawyer Debunks Ripple-SEC Settlement Rumor For Tomorrow 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. Featured image created with DALL·E, chart from TradingView.com

Name	Symbol	Market	Market Cap ($)	Algorithm
Quant	QNTUSD	Crypto	1,053,434,680	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.460	0.64%	72.40	72.42	72.45

High Price	Low Price	Open Price	Prev. Close	52 Week Range
77.52	71.98	72.02	71.94	63.89 - 153.83

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	19:35:52	0.572000	72.40	USD

Price x Volume	Volume	Base Symbol	Related Pairs
844,043.67	11,492.18	QNT	QNTEUR	QNTGBP	QNTBTC

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