ETF or Ripple IPO for XRP Token: Is There a Possibility of the Price Going to $25?

Ben Armstrong, the controversial name of the crypto world, recently published a in the video XRP He claimed that the token could even go up to $25. Armstong believes that developments such as the upcoming ETF and initial public offering (IPO) could trigger this rise. But how possible are these statements? Here are the predictions compiled from the opinions of different experts.

The discussion started with the importance of the IPO with the XRP ETF. AJ confidently claimed that the ETF was worth more. According to AJ, IPOs like Coinbase are an important guide. The stock market showed a very different trend on different dates, such as before the IPO and on the launch day. However, the total value of the company is $26 billion and is well below expectations.

a potential Ripple Drawing parallels with its IPO, AJ suggested that trading in Ripple shares may not directly help XRP holders. Instead, he argued that an ETF linked directly to the token could quickly and significantly impact the price of the digital asset. Historical examples such as the Bitcoin Futures ETF causing price increases in October 2021 supported AJ’s argument. Based on past trends, he concluded that ETFs and related speculation could have more impact than an IPO.

In contrast, Ben Armstrong offered an opposing view. He expressed concerns about the uncertainties surrounding a company’s IPO and the price of its digital asset in the crypto market.

Armstrong emphasized that the crypto market has not yet fully felt the impact of such a significant event, especially for major coins like XRP. Unlike traditional stock markets, crypto often sees sudden price fluctuations in IPOs.

Ben objected to the AJ’s opinion, arguing that the benefits of the IPO went to the company and its shareholders, who could cash in and cause a temporary stock decline. He argued that Coinbase’s IPO was indeed a success.

Currently at $0.6468, XRP is facing a significant climb towards $25, needing growth of 3,768%. Amid the ongoing debates about the controversial ETF and Ripple’s IPO, the crypto community is eagerly waiting to see which event will truly impact the token price.


source site-6