Galaxy Digital CEO Praises XRP Community: Loyalty as Key to Longevity

Mike Novogratz, CEO of Galaxy Digital, recently highlighted the resilience of the XRP community in a Coin Stories interview. He observed that their dedication is comparable to that of Bitcoin supporters, suggesting it’s a driving force behind XRP’s enduring relevance. During the discussion, he questioned why XRP remains prominent despite its long history and credited effective marketing and strong financial resources for this longevity. Notably, Novogratz noted that Ripple has utilized a strategy of selling portions of XRP received as a gift early in the token’s lifecycle to fund operations. ]