Ripple IPO Fit Reach $100B Amid Strategic Moves and XRP Rally
Lawyer John Deaton talk say Ripple IPO fit reach $100 billion valuation, as e mention say Ripple get almost 40 billion XRP wey dem dey keep, each one dey around $2, plus e compare am with Circle wey IPO for $62–75 billion USDC. Even tho Ripple bosses talk say dem no get plan for 2025 IPO, some recent moves dey make people dey talk: $700 million buyback of shares, new people for corporate development and investor relations, plus dem buy Hidden Road for $1.25 billion and Metaco for $250 million. XRP don dey trade between $2 to $3 this year, e even jump small to $3 for March. Now e dey trade for $2.15 (+5.9% in 24 hours, –4.5% for seven days), futures open interest dey $3.54 billion show say traders still dey involved well. Technically, RSI dey near 32.7 (close to oversold) and bearish MACD dey fade, mean say e fit bounce back. Institution dem interest dey grow as VivoPower join hand with Flare and dem put $121 million for XRP. These tins make people still dey talk about Ripple IPO and market dey lively.
Bullish
News wey talk say Ripple fit do ipo worth $100 billion, wey get plenty XRP treasury plus high-profile moves dem like buyback, hires and acquisitions, dey give strong positive feeling. Technical indicators near oversold levels plus big futures open interest dey back short-term rebound. Institutional people, like VivoPower wey invest, dey support long-term confidence, make overall impact dey bullish for XRP.