John Deaton Hints Ripple Could Beat Circle to Higher IPO Valuation
- Ripple’s $80B token holdings strengthen IPO speculation despite no urgency to raise capital
- XRP Futures Open Interest remains elevated, signaling persistent trader engagement
- RSI nears oversold zone as MACD hints at weakening bearish pressure in XRP price
Crypto lawyer John E. Deaton has reignited speculation about a potential Ripple Initial Public Offering (IPO), arguing that the successful public debut of digital asset firm Circle has provided a clear benchmark for what Ripple could be worth. His analysis suggests that if Circle can command its high valuation, a $100 billion valuation for a Ripple IPO is not “far-fetched.”
Deaton’s commentary centers on a direct comparison of the two companies’ financial strengths, emphasizing that Ripple’s massive XRP holdings give it a significant advantage.
The…
The post John Deaton Hints Ripple Could Beat Circle to Higher IPO Valuation appeared first on Coin Edition.
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John Deaton Hints Ripple Could Beat Circle to Higher IPO Valuation
- Ripple’s $80B token holdings strengthen IPO speculation despite no urgency to raise capital
- XRP Futures Open Interest remains elevated, signaling persistent trader engagement
- RSI nears oversold zone as MACD hints at weakening bearish pressure in XRP price
Crypto lawyer John E. Deaton has reignited speculation about a potential Ripple Initial Public Offering (IPO), arguing that the successful public debut of digital asset firm Circle has provided a clear benchmark for what Ripple could be worth. His analysis suggests that if Circle can command its high valuation, a $100 billion valuation for a Ripple IPO is not “far-fetched.”
Deaton’s commentary centers on a direct comparison of the two companies’ financial strengths, emphasizing that Ripple’s massive XRP holdings give it a significant advantage.
The…
The post John Deaton Hints Ripple Could Beat Circle to Higher IPO Valuation appeared first on Coin Edition.
Read More
Ripple Co-Founder Arthur Britto Ends 14-Year Silence With Cryptic Post; XRP Price Reacts