TL;DR
- Grant Cardone’s twin brother, Gary, who has over 40 years of expertise within the monetary discipline, has taken a powerful stance in opposition to Ripple’s native token.
- His important argument relies on reviews that the XRP Ledger will function the community on which the digital euro might be primarily based.
XRP = Covid-19?
Cardone’s feedback addressed current info that stemmed on-line, which reads that the ECB’s digital euro challenge might be powered by the XRP Ledger and the WhiteNetwork (by WhiteRock) in a joint collaboration.
Though this would possibly look like a big growth when it comes to adoption, the truth that it’s associated to a central financial institution digital forex has many cryptocurrency consultants rallying in opposition to it. In any case, a CBDC is a product that many consider is geared toward decreasing individuals’s freedom with their very own funds, as authorities could 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 probably the most oppressive individuals on planet Earth,” akin to ECB’s President, Christine Lagarde, whom he known as “Ms. Cringe.” He added that she’s 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 probably the most oppressive individuals on planet Earth, certainly one of them pictured under, Ms Cringe, who will do no matter is required to show Europe right into a Jail Continent, so there may be martial legislation in all places and so they 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. Nevertheless, 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 greatest hopium is out to every of you.
For anybody wanting to grasp my resolution, 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 value of $2.71, which is considerably greater than what XRP is price in opposition to the greenback at present – $2.28.
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