Heres XRP Price If Ripple Surpasses Google, Apple, and Microsoft after IPO
XRP price could surge dramatically if it witnesses proportionate growth in a scenario where Ripple overtakes Google, Apple, and Microsoft after its IPO.Ripple has recently been the subject of much attention as talks about a possible initial public offering (IPO) grow louder. These discussions come despite the company's CEO Brad Garlinghouse suggesting they are not immediately considering an IPO.Ripple's Current PositionAccording to estimates from notice.co, Ripple currently has a pre-IPO valuation of about $10.88 billion. However, this number is still speculative, and no official statement confirms it.Looking at the broader tech space, Ripple would have a long way to go to catch up following its IPO. Microsoft stands as the most valuable company in the world, with a market cap of $3.376 trillion. Apple follows at third with $3.155 trillion, and Google holds a $2.021 trillion valuation, being fifth.Meanwhile, even though XRP operates independently of Ripple, any developments involving the company tend to affect investor sentiment around the asset. As a result, many believe if Ripple goes public, it could lead to a boost in XRP price. This has triggered questions about XRP's potential reaction if Ripple grew to the level of Google, Apple, or Microsoft after an IPO.XRP Price if Ripple Surpasses Google, Apple and Microsoft To explore this, we asked Grok, the AI chatbot from xAI, to help us understand what XRP price might look like in such a situation. Currently, XRP is trading at $2.37, with around 58.62 billion tokens in circulation, putting its total market value at about $138.93 billion.Grok compared XRP's current market cap to Ripple's estimated value. With XRP's market cap sitting at about $138.93 billion and Ripple valued at $10.88 billion, Grok arrived at a ratio of roughly 12.77. This means XRP's market cap is about 12.77 times larger than Ripple's valuation today.Using that ratio, Grok suggested that if Ripple reached Google's market cap of $2.021 trillion, XRP's market value could grow to around $25.81 trillion. Dividing that by the current supply of tokens would give XRP a price of about $440.46. However, if Ripple grew to Apple's level of $3.155 trillion, Grok said XRP could reach around $687.47. Meanwhile, in the most ambitious case, if Ripple matched Microsoft's $3.376 trillion valuation, Grok predicted a price of about $735.58 for XRP.
Text source: The Crypto Basic
