• Mike Novogratz now supports XRP, praising its community and performance.

• XRP surged over 500% since November, fueled by regulatory and ETF optimism.

• XRP battles resistance at $2.50, with hopes for further price gains.

Mike Novogratz, the billionaire founder of Galaxy Digital, recently acknowledged his previous misjudgment about XRP, admitting that he was wrong to doubt its power. Known for his bearish views on the altcoin in the past, Novogratz has now become a supporter of XRP, particularly impressed by its community.

Novogratz shared his change in perspective, stating that he never expected XRP to perform as well as it has, considering its legal challenges. “I would’ve never thought XRP would’ve been the best performing token after the inauguration, but it was. The XRP Army is vibrant and strong,” he said, recognizing the loyalty behind the token. He also said that, in the crypto world, community support has become an essential part of an asset’s value and success.

XRP’s Price Surge and Potential Catalysts

XRP has been one of the biggest crypto winners since Donald Trump’s election victory, experiencing a surge of over 500% since early Novem…

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