{"id":60382,"date":"2025-12-26T17:00:47","date_gmt":"2025-12-26T14:00:47","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=60382"},"modified":"2025-12-26T16:06:42","modified_gmt":"2025-12-26T13:06:42","slug":"critical-statement-from-mike-novogratz-on-two-key-coins","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/critical-statement-from-mike-novogratz-on-two-key-coins\/","title":{"rendered":"Critical Statement from Mike Novogratz on Two Key Coins!"},"content":{"rendered":"<p data-start=\"87\" data-end=\"101\">Mike Novogratz, CEO of Galaxy Digital and a well-known figure closely followed by crypto investors, made unexpected statements about XRP and Cardano (ADA). Novogratz, who previously brought both altcoins to the spotlight with various criticisms, has now said that he has changed his view. The CEO emphasized that the loyalty and active participation of the communities behind XRP and ADA play a critical role in determining the long-term value of these tokens. This shift in perspective has been seen as both surprising and noteworthy for investors.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/critical-statement-from-mike-novogratz-on-two-key-coins\/#Novogratzs_Previous_Criticisms\" title=\"Novogratz\u2019s Previous Criticisms\">Novogratz\u2019s Previous Criticisms<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/critical-statement-from-mike-novogratz-on-two-key-coins\/#The_Strong_Communities_Behind_XRP_and_ADA\" title=\"The Strong Communities Behind XRP and ADA\">The Strong Communities Behind XRP and ADA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/critical-statement-from-mike-novogratz-on-two-key-coins\/#Assessment\" title=\"Assessment\">Assessment<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"577\" data-end=\"612\"><span class=\"ez-toc-section\" id=\"Novogratzs_Previous_Criticisms\"><\/span>Novogratz\u2019s Previous Criticisms<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"613\" data-end=\"1017\">In the past, Novogratz described XRP\u2019s rise as exaggerated and referred to Cardano (ADA) as having a \u201cstrange cult-like\u201d following. These remarks were closely watched by the crypto community and investors and sparked widespread debate. XRP\u2019s rapid price movements and the intense activity within the ADA community, in particular, drew attention and made Novogratz\u2019s earlier comments highly controversial.<\/p>\n<p data-start=\"1019\" data-end=\"1517\">Over time, however, Novogratz said his observations changed and that he came to recognize the crucial role communities play in understanding the long-term value of these two altcoins. According to the CEO, strong and committed communities boost adoption, expand usage, and contribute significantly to a project\u2019s sustainability. In this context, Novogratz acknowledged that the communities behind XRP and ADA play a central role in the financial and functional success of their respective projects.<\/p>\n<p data-start=\"1019\" data-end=\"1517\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-60383 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/12\/66-300x150.jpg\" alt=\"\" width=\"898\" height=\"449\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/12\/66-300x150.jpg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/12\/66-1024x512.jpg 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/12\/66-768x384.jpg 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/12\/66.jpg 1280w\" sizes=\"auto, (max-width: 898px) 100vw, 898px\" \/><\/p>\n<h2 data-start=\"1519\" data-end=\"1564\"><span class=\"ez-toc-section\" id=\"The_Strong_Communities_Behind_XRP_and_ADA\"><\/span>The Strong Communities Behind XRP and ADA<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"1565\" data-end=\"1957\">In his latest comments, Novogratz highlighted that both XRP and Cardano have powerful and dedicated communities. These communities are key to driving adoption, increasing real-world use cases, and creating long-term value for the tokens. He stressed that the loyalty and belief of a community are decisive factors in whether a cryptocurrency can truly evolve into a functional monetary asset.<\/p>\n<blockquote>\n<p data-start=\"1961\" data-end=\"2105\">\u201cCardano and XRP have strong communities. These communities play a critical role in the long-term success of the projects.\u201d<br data-start=\"2084\" data-end=\"2087\" \/>\u2014 Mike Novogratz<\/p>\n<\/blockquote>\n<p data-start=\"2107\" data-end=\"2423\">In a November interview, Novogratz admitted that he had been wrong about XRP, stating that after a long struggle the token had effectively become a functional form of money. XRP\u2019s performance beyond expectations, the evolution of its narrative, and the strength of its community led him to revise his earlier stance.<\/p>\n<h2 data-start=\"2425\" data-end=\"2439\"><span class=\"ez-toc-section\" id=\"Assessment\"><\/span>Assessment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"2440\" data-end=\"2856\" data-is-last-node=\"\" data-is-only-node=\"\">Mike Novogratz\u2019s updated views on XRP and ADA once again highlight the importance of community-driven strength in the crypto market. For investors, his comments underscore that strong community support can be a decisive factor in enhancing a project\u2019s long-term value. Novogratz\u2019s change of perspective also brings renewed attention to the institutional and community-driven growth potential of both XRP and Cardano.<\/p>\n<p class=\"darkmysite_style_txt_border darkmysite_processed\" data-start=\"3065\" data-end=\"3308\" data-is-last-node=\"\" data-is-only-node=\"\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/a>\u00a0channels for the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mike Novogratz, CEO of Galaxy Digital and a well-known figure closely followed by crypto investors, made unexpected statements about XRP and Cardano (ADA). Novogratz, who previously brought both altcoins to the spotlight with various criticisms, has now said that he has changed his view. The CEO emphasized that the loyalty and active participation of the<\/p>\n","protected":false},"author":37,"featured_media":60384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[514,393,840,847,336,58,506],"class_list":["post-60382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-ada","tag-crypto","tag-crypto-market","tag-crypto-news","tag-cryptocurrencies","tag-cryptocurrency","tag-xrp"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Critical Statement from Mike Novogratz on Two Key Coins!<\/title>\n<meta name=\"description\" content=\"Mike Novogratz, a well-known figure closely followed by crypto investors, made unexpected statements about XRP and Cardano (ADA).\" \/>\n<meta name=\"robots\" content=\"index, follow, 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