In the vast and tumultuous sea of cryptocurrencies, where fortunes rise and fall with the capricious winds of speculation, XRP has stood as a beacon of contention, a riddle wrapped in a mystery, inside an enigma. For years, the skeptics-those self-proclaimed oracles of the market-cast their doubts upon its purpose, its decentralization, and its very future. Among these doubters stood the formidable Mike Novogratz, billionaire investor and CEO of Galaxy Digital, who once declared with the confidence of a man who had seen it all, “I didn’t think XRP would last.” Ah, the hubris of man! 😏
But lo, the wheel of fate turns, and even the mightiest must bow to its whims. Novogratz, in a moment of rare humility, has admitted his error. He underestimated not only the digital asset but also the fervent hearts of its supporters, the so-called “XRP Army,” whose loyalty knows no bounds. 🛡️
Novogratz’s Epiphanic Moment
In a candid conversation with podcaster Kyle Chasse, Novogratz revealed the depths of his former skepticism. He had believed, with the certainty of a man who had read the tea leaves, that XRP would succumb to the legal tempest it faced with the U.S. Securities and Exchange Commission (SEC) in 2020. Regulatory pressure, he thought, coupled with Ripple’s firm grip on the token, would spell its doom. “But I was wrong,” he confessed, his words echoing with the weight of a man who has stared into the abyss of his own miscalculation. Ripple, it seems, outplayed them all. 🎭
Ripple stood firm, its resolve unshaken, while the XRP Army marched on, undeterred by doubt or market volatility. Far from fading into obscurity, XRP emerged stronger, its trust rebuilt, its resilience proven. A tale as old as time itself: the underdog triumphs, and the skeptics are left to ponder their folly. 🦸♂️
The Unyielding Power of Community
Novogratz, in a rare moment of praise, lauded Ripple CEO Brad Garlinghouse and attorney John Deaton for their leadership. The XRP case, he noted, transcended the realm of legal battles; it became a rallying cry, uniting holders across the globe. A network effect, a loyal base-these are the shields that protect a crypto project from the slings and arrows of outrageous fortune. 🌍
“XRP has one of the strongest communities there is,” Novogratz remarked, drawing parallels to the unwavering loyalty of Bitcoin’s followers. In the crypto world, it seems, the strength of a project lies not in its code alone but in the hearts of those who believe in it. A lesson for us all, perhaps? ❤️
XRP’s Ascent to Glory
As the dust settled on the Ripple-SEC saga, Novogratz could not help but acknowledge XRP’s remarkable performance. Since November 2024, it has soared, defying expectations and regulatory headwinds. “Who would have ever guessed that?” he mused, his tone tinged with a mixture of awe and amusement. 🤯
“Who would have ever guessed that?”
Indeed, the numbers speak for themselves. From $1.94 in November 2024 to approximately $2.86 by September 2025, XRP’s price has climbed by a staggering 47.4%, all amidst a market characterized by volatility and uncertainty. And its community? They remain steadfast, never viewing the token as “too expensive”-a mindset as foreign to traditional markets as a unicorn in a boardroom. 🦄
As of this writing, XRP trades around $2.87, a 3% rise in the last 24 hours. A testament to its resilience, a slap in the face to its doubters, and a reminder that in the world of crypto, nothing is ever as it seems. 🤑
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2025-09-29 10:31