TL;DR
- Grant Cardone’s twin brother, Gary, who has over 40 years of expertise within the monetary area, has taken a powerful stance towards Ripple’s native token.
- His essential argument relies on stories that the XRP Ledger will function the community on which the digital euro will probably be primarily based.
XRP = Covid-19?
Cardone’s feedback addressed current data that stemmed on-line, which reads that the ECB’s digital euro challenge will probably be powered by the XRP Ledger and the WhiteNetwork (by WhiteRock) in a joint collaboration.
Though this may look like a major improvement by way of adoption, the truth that it’s associated to a central financial institution digital forex has many cryptocurrency specialists rallying towards it. In spite of everything, a CBDC is a product that many imagine is geared toward decreasing individuals’s freedom with their very own funds, as authorities can have extra management over the funds.
Cardone didn’t spare phrases, claiming that the crew behind XRP will “take any path they should survive, together with coordinating with essentially the most oppressive individuals on planet Earth,” similar to ECB’s President, Christine Lagarde, whom he known as “Ms. Cringe.” He added that she is going to “do no matter is required to show Europe right into a Jail Continent.”
Consequently, Cardone in contrast XRP’s position within the monetary sector to the infamous virus COVID-19, which closed the world for a number of years and prompted immense harm to numerous individuals.
XRP will take any path they should survive together with coordinating with essentially the most oppressive individuals on planet Earth, considered one of them pictured beneath, Ms Cringe, who will do no matter is required to show Europe right into a Jail Continent, so there’s martial regulation in all places they usually can rip-off… https://t.co/ZfXFhWQoiD
— Gary Cardone (@GaryCardone) June 9, 2025
Promoting Off XRP Holdings
Apparently, Cardone was an XRP investor till earlier this yr. Nonetheless, again in February, he introduced on X that he had disposed of his whole portfolio, price over $81,000.
Again then, he listed six funding guidelines that he adopted after spending over 40 years within the monetary business, and XRP had stopped assembly some (or all) of them.
Dumped XRP place at present at $2.71.
I genuinely hope the XRP military will get silly wealthy, I don’t assume you’ll, however my finest hopium is out to every of you.
For anybody wanting to grasp my determination, its very merely, my 40 yrs of expertise has taught me sure classes that I… pic.twitter.com/LBCZY9grFQ
— Gary Cardone (@GaryCardone) February 20, 2025
His sell-off was accomplished at a worth of $2.71, which is considerably larger than what XRP is price towards the greenback at present – $2.28.
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