Successful Businessman Mike Novogratz Spoke About Ripple (XRP


Galaxy Digital CEO Mike Novogratz in a recent interview with the media XRP he quoted some of his observations about. Popular crypto currencies Ripple (XRP) sharing his views on Novogratz touched on important issues.

Mike Novogratz’s XRP Opinions

Mike Novogratz, who has been critical of XRP in recent periods, has changed his perspective over time. Novogratz based this on the flexible perspective of cryptocurrency market participants. Millionaire entrepreneur, XRPhe mentioned that Ripple was delisted from a number of exchanges after the DEC between Ripple and the SEC. XRP, which has lost more than 60% of its value due to the impact of the case, has adopted the mentality of fighting the rapid recovery.

Although XRP is still 72% behind the ATH level, it is in a good recovery phase after the big drop. While XRP is on its way to becoming immune to the SEC case, some exchanges are keeping relist prospects on the table. XRP it has already been re-listed on some giant exchanges, such as Rakuten. However, Galaxy Digital CEO Mike Novogratz believes that the SEC has failed to suppress the XRP price movement.

The XRP Community

The XRP community Ripple and SEC he managed to get involved in his case as amici curiae (friends of the court). However, as a third party, the defendants were denied direct participation in the litigation process. Some community members believe that the price movement has been suppressed by a number of developments.

Novogratz in April, XRPhe tweeted that the XRP rally didn’t make sense after the company recorded a four-fold price increase in just one month. Exposed to intense criticism from the community, Novogratz had compared the XRP army to crazy conspiracy theorists.

XRP is struggling with a lack of momentum as it continues its course above $1. XRP its price is trading at $ 1.08 as of the time of writing this article.

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