The majority of the XRP coin traders are trying to dig out the possibilities of XRP pump shortly, as the speculations on Ripple IPO surging.
Ripple is a San Francisco headquartered blockchain firm, known for cross-border payment services. This blockchain firm uses XRP coin for its payment services. However, people claim that Ripple controls XRP coin but in reality, XRP is free & decentralised cryptocurrency & any other company is free to use XRP in payment or other kinds of financial services.
At the present time, rumours are wandering around the Ripple IPO, as the company is hiring for a new position. Recently Ripple invited talents for a new position (one of the positions is Shareholder Communications Senior Manager) roles at the Ripple firm.
On behalf of this hiring news, some people considered that Ripple is probably getting ready to launch its future Initial Public Offering (IPO).
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However, some people claimed that Ripple executives revealed their Ripple IPO intention during a party last month on the occasion of Ripple’s victory in the XRP lawsuit against the United States Securities and Exchange Commission (SEC), which was not the case.
Earlier in late September, a blockchain researcher, going by the name Collin Brown on X (Twitter), shared his opinion on the possibilities of Ripple IPO & claimed that if it happens then there will be upto 20-fold increment chances in the current value of XRP coin.
Here the published information is not financial advice to any of our readers. If any person wants to invest in any crypto asset on behalf of this report then we suggest them do research themselves & reach a conclusion to find out whether investment in that asset is going to be profitable or not.
XRP coin price
The current trade price XRP coin is $0.47 & this trade price is only 6.5% over the last 12 months.
Read also: Tesla releases Q3 2023 financial report & revealed the company’s Bitcoin holdings
XRP coin bull sentiments surging, as Ripple heading toward IPO
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