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XRP Holders Fire Back After Gary Cardone Says “I Sold My $81,000 XRP”


XRP Holders Fire Back After Gary Cardone Says “I Sold My $81,000 XRP”

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  • Gary Cardone sells his $81,000 worth of XRP holdings, questioning the asset’s long-term potential.
  • Cardone’s exit sparks mixed reactions, with some agreeing with his approach.
  • Analyst Cypress Demanincor challenges Cardone, citing extensive research and XRP’s growth potential.

The XRP community has strongly reacted to the heated debate sparked by financial expert Gary Cardone’s disclosure. He announced he was liquidating his entire XRP holdings. 

This announcement has reignited discussions about XRP’s future and investment strategy.

Gary Cardone’s XRP Exit: “No Confidence”

Gary Cardone revealed on X that he had sold XRP holdings worth $81,000. In his post, he voiced doubt over XRP’s long-term potential. He also criticized the lack of clarity in its supply-demand dynamics. 

To explain his move, he outlined six investment principles that influenced his decision. These included avoiding investments that are not easily explainable. Another principle was resisting herd mentality. While he wished XRP holders well, he made it clear he was not confident in the asset’s profitability.

Mixed Reactions: Cautious Agreement vs. Veteran Investor Quest…

The post XRP Holders Fire Back After Gary Cardone Says “I Sold My $81,000 XRP” appeared first on Coin Edition.

Read the article at CoinEdition

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