The post From Skeptic to Supporter: Mike Novogratz Flips on Ripple; XRP Army Celebrates appeared first on Coinpedia Fintech News
The world of cryptocurrencies is unpredictable to say the least, and so even the most experienced investors occasionally adjust their views. Meet Mike Novogratz, the billionaire investor and CEO of Galaxy Digital, who’s undergone a significant shift in his opinion on Ripple and its native crypto, XRP.
What began as skepticism has transformed into genuine admiration, fueled by Ripple’s legal successes and the steadfast commitment of the XRP community.
Novogratz Comes Around – But Why?
Mike Novogratz, a big player in the crypto scene, has made a U-turn in his stance on Ripple and XRP. Initially wary due to Ripple’s significant XRP ownership, Novogratz has reassessed his position in light of recent legal wins in 2023.
His initial concern — Ripple’s control of around 60% of XRP — has lessened, leading him to acknowledge the effective leadership of
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