Collin Brown, a blockchain expert, has predicted that after September 28 the value of XRP, Ripple’s native token, may rise significantly. As of September 28, Brown speculates that Ripple may be preparing to file for an initial public offering (IPO), which could be the cause of this rise. If the cryptocurrency corporation implements this plan, experts anticipate that the price of XRP will climb by 20 times.
Brown is not the first trader or expert to expect an XRP surge; KALEO and EGRAG CRYPTO have also stated that the token’s price may rise soon. KALEO anticipates that Ripple would triumph categorically in its legal conflict with the US SEC, which would cause XRP to go on a bull run. The asset saw a 70% increase in value in the middle of July after a US judge sided with the blockchain company. In a graphic recently released by EGRAG CRYPTO, the cryptocurrency company predicted that if XRP closes above the Fib 0.5 level at 0.57C with unquestionable confirmation, it could increase in value to as much as $1.40.