John Deaton States XRP Price and Ripple Net Worth At $800 Billion Market Cap

XRP has been making headlines with its recent price movements and bold predictions about its future. A recent chart shared by Cointelegraph suggests the potential for XRP to surge to $14, far above its all-time high.

Attorney John Deaton offered insights into what such a milestone could mean, sparking substantial interest within the cryptocurrency community.

Deaton remarked that at $14 per XRP, the cryptocurrency would achieve a market capitalization exceeding $800 billion. He further noted that such growth would place Ripple’s valuation at over half a trillion dollars, positioning it among the world’s most valuable companies.

Deaton’s post emphasized the immense potential of XRP to reshape the financial landscape, should these projections materialize.

At $14, XRP would have a $800B plus market cap and @Ripple would be worth over 1/2 trillion dollars. https://t.co/66y8UNG5Ei

— John E Deaton (@JohnEDeaton1) January 15, 2025

XRP’s Historic Rise

Currently, XRP has been performing strongly in the market. It recently reached $3.39, marking its highest value since 2018. The cryptocurrency is now moving closer to breaking its all-time high of $3.84, achieved during the 2017 bull market. If Cointelegraph’s prediction proves accurate, XRP could undergo a historic rally, solidifying its status as one of the top digital assets.

The chart accompanying Cointelegraph’s analysis illustrates the potential for a breakout in XRP’s price. It shows a clear breach of an eight-year descending trendline.

Cointelegraph’s analysis suggests that this breakout could send XRP to $14. Notably, another prominent analyst recently predicted that the asset could reach $15 by March 10 , adding credence to Cointelegraph’s analysis.

If XRP reaches the projected $14 price, its market cap would elevate Ripple to the ranks of the world’s top corporations, potentially becoming the 16th largest company by market cap. This would put it in the ranks of corporate giants like Visa, Exxon Mobil, and MasterCard.

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Ripple’s Upcoming IPO

Rumors of a Ripple IPO have been circulating for years now, and with XRP on the rise, the community is more eager than ever, as many can see the growth potential of the company.

In early 2024, Ripple CEO Brad Garlinghouse revealed that there were no plans to go public in the short term. However, a year has passed, and there have been significant shifts in the political and regulatory landscape.

The U.S. is about to inaugurate Donald Trump, its first-ever pro-crypto president, and Ripple might have a friendly regulatory landscape in 2025 to facilitate its IPO.

XRP’s market cap has already surpassed Disney in valuation, and with the asset trending upward and the positive conditions in the current market, the $14 is slowly becoming more feasible.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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