Novogratz doubts XRP and Cardano can maintain relevance as crypto market matures

cFNg1JDUEn.webp.webp

Novogratz doubts XRP and Cardano can maintain relevance as crypto market matures

29 Dec Crypto News

Mike Novogratz questions whether XRP and Cardano can survive the market shift. He doesn’t think two of the most talked-about tokens in cryptocurrency will be able to keep up with the industry’s growth.

The CEO of Galaxy Digital stated on Friday that Cardano and XRP must demonstrate they are more than just fan favorites.

Doubts about staying power

In an interview with Galaxy’s chief of research, Alex Thorn, Novogratz stated unequivocally: “Can Ripple hold it together? Is Cardano able to maintain composure?

He clarified that the problem is that cryptocurrency is evolving. What was once based on excitement and hype is moving toward something more tangible. Tokens must now demonstrate actual worth rather than merely being arSource link

Tags: