Advertisement
AD

Main navigation

Ripple CEO Gets Outraged by Mike Novogratz's Bearish Take on XRP

Advertisement
Wed, 5/02/2020 - 18:45
Ripple CEO Gets Outraged by Mike Novogratz's Bearish Take on XRP
Cover image via u.today
Read U.TODAY on
Google News
Contents
Advertisement

Ripple CEO Brad Garlinghouse has taken to Twitter to criticize Wall Steet vet Mike Novogratz who predicted that XRP would underperform greatly in 2020 while directly blaming Ripple for its lackluster price action.      

Related
Ripple CEO Brad Garlinghouse: "The World Doesn't Need 3,000+ Cryptocurrencies"

"Not Nostradamus"

Novogratz is definitely not the Nostradamus of crypto, according to Garlignhouse. The Ripple boss criticized his $20,000 Bitcoin price prediction. It turned out to be extremely inaccurate -- after the 2019 rally hit the pause button, BTC plunged to $6,400 in December.     

In fact, Novogratz forecasted that BTC could surge up to $40,000 last year, which turned out to be one of the worst price predictions of 2020. 

Related
Bitcoin (BTC) Bull Mike Novogratz Says That He Would Short All Altcoins

XRP outperforms Bitcoin 

In a separate tweet, Garlinghouse also slammed cryptocurrency outlet Coindesk for misreporting XRP's gains in 2020. He pointed to the fact that the third biggest cryptocurrency has so far outperformed Bitcoin in 2020, surging by more than 44 percent.     

As reported by U.Today, there is a good chance that XRP might bring investors higher returns compared to Bitcoin in 2020 because of a bullish technical picture.      

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD