Ripple IPO: Is It Just Another Crypto Circus? 🎪

So, here we are, folks. The cryptocurrency world is buzzing like a bee on caffeine, all because of some IPO chatter. Circle (CRCL) just had its big debut on the NYSE, and now everyone thinks they can jump on the bandwagon. Enter Ripple, the blockchain company behind XRP, which is apparently gearing up for an IPO that’s going to have an “insanely stupid valuation.” I mean, come on! 😒

Now, Ripple’s CEO, Brad Garlinghouse, has been dropping hints like they’re hot potatoes, suggesting they might go public by late 2025 or early 2026. But let’s not forget, this is the same company that’s been dodging IPO plans like they’re in a game of dodgeball with the SEC. Talk about a regulatory tango! 💃

Then we have this anonymous genius on X, Pentoshi, with over 866K followers, claiming Ripple’s IPO is “coming.” Oh, really? Is it also going to bring world peace? Because that’s about as likely. He connects it to Circle’s IPO, which had a first-day surge that could make a rocket blush. 🚀

“Feels only logical that Ripple will have an IPO of its own soon following the CRCL IPO

it’s coming, you know it, and I know it

and likely at some insanely stupid valuation $XRP”

— 🐧 Pentoshi (@Pentosh1) June 8, 2025

Now, let’s talk numbers. Ripple’s current valuation is around $11.3 billion, while XRP’s market cap is strutting around at $132.68 billion. But here’s the kicker: XRP is treated like that weird cousin at family gatherings—separate from Ripple Labs’ actual valuation. Confusing, right? 🤔

Circle’s valuation is sitting pretty at $16.6 billion, but their USDC stablecoin is over $60 billion. So, predicting Ripple’s potential valuation? Good luck with that! It’s like trying to find a needle in a haystack while blindfolded. 🥴

Pentoshi’s post has ignited a wildfire of reactions, with some crypto enthusiasts saying it won’t affect XRP’s price at all. “Honestly, an IPO at this point feels more like a formality than a surprise,” one user quipped. “The valuation will probably melt faces, but will $XRP finally break free from the SEC drama? Who knows!”

As of now, Ripple Labs hasn’t made any official announcements. But with Circle’s IPO making waves, it seems like Ripple and other crypto companies are ready to jump into the fray. And let’s not forget Gemini, the cryptocurrency exchange that’s already preparing to go public. They submitted a draft registration statement to the SEC on June 6. It’s like a race to see who can trip over their own feet first! 🏃‍♂️💨

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2025-06-09 13:57