Galaxy Digital CEO Mike Novogratz has expressed support for XRP, stating that it has a unique "narrative" that keeps its users engaged. He acknowledges that smaller cryptocurrency ecosystems persist because they offer something different to participants. Novogratz also admits that he was wrong about Cardano and now takes a libertarian view, allowing people to participate in the XRP Army if they choose. He believes that all cryptocurrency ecosystems have some value stored within them, and the narrative that attracts users is often not related to the store of value. Previously critical of XRP due to concerns about Ripple's token holdings and lack of use cases, Novogratz now praises the XRP community.



Other News from Today