Ripple CEO Not Sure Where XRP Army Comes From, Novogratz Says
Main Idea
Ripple CEO Brad Garlinghouse expressed uncertainty about the origins of the 'XRP Army,' while Galaxy Digital CEO Mike Novogratz praised the community's dedication and acknowledged XRP's continued relevance in the crypto market.
Key Points
1. Brad Garlinghouse admitted he does not know where the 'XRP Army' originated but acknowledged their strong support for XRP.
2. Mike Novogratz praised pro-XRP advocate John Deaton for his role during Ripple's legal battle with the SEC.
3. Novogratz, once an XRP skeptic, now recognizes its market significance, calling it the 'number three token that people care about.'
4. John Deaton filed an amicus curiae motion in 2020, arguing that the SEC's actions against Ripple harmed ordinary XRP investors.
Description
XRP could be potentially viewed as a store of value for its holders, according to Mike Novogratz
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