XRP Price Slumps Despite Speculation of Ripple IPO
Discussions surrounding a potential Ripple IPO have faded as the crypto community grapples with XRP's underperformance during the recent market bull run. While the broader market is experiencing a correction, XRP has been hit particularly hard, dropping over 8% in the past 24 hours and falling below the crucial $0.50 support level.
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Ripple IPO: A Distant Hope?
The prospect of a Ripple IPO has been a source of speculation for some time. While Ripple itself hasn't confirmed a timeline, CEO Brad Garlinghouse hasn't ruled it out. Industry experts have weighed in, with some predicting a high likelihood of Ripple going public. Analyst Linda Jones, for example, believes there's a 98% chance based on research b...