A number of intriguing developments have emerged, all of which point to cryptocurrency giant Ripple may be in the works of launching an Initial Public Offering (IPO). As expected, concerns have been raised among the XRP community about whether a Ripple IPO could negatively affect the price of XRP in the long run. But crypto expert Panos Mourkas isn’t worried, dismissing concerns about the launch of an IPO negatively impacting the price of XRP.

Concerns Surface Over Ripple’s Planned IPO Hurting XRP

Ripple hasn’t announced its going public yet, but crypto analysts have pointed to the company’s recent hiring trends as preparations. Crypto analyst Lewis Jackson pointed out this hiring trend in a YouTube video, signaling reactions from XRP enthusiasts. One concern that came from this video was a comment about an IPO being the death of Ripple. According to the comment, an  XRP “might pump off the news,” but then Ripple could “dump and manipulate XRP.” The screenshot of this comment was shared on X by Mason Versluis, sparking another round of debate. 

https://x.com/MasonVersluis/status/1720530978064789910?s=20 

Will the Ripple Stock IPO be the DEATH of $XRP?

Very interesting discussion to be had there…

I believe it should only increase the interest in XRP and help it. But I can also see the other side… We shall see… pic.twitter.com/

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Author: Scott Matherson

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