The Ripple Effect: IPO Speculations and Market Tremors
Ripple’s native cryptocurrency, XRP, hasn’t fared well in recent times, witnessing a significant slump from a yearly high of $0.94 in July to sliding below a vital support of $0.53.
The murmurs in the crypto corridors have grown louder with Ripple Labs posting a vacancy for a “Shareholders Communication Senior Manager.” Such a distinct role hints at a possible transition of Ripple Labs towards an Initial Public Offering (IPO)….
