Head of financial technology company Ripple Brad Garlinghouse has criticized Mike Novogratz's statement that XRP will underperform immensely again this year and "it’s just because of the supply."
Ahem... IS THIS THING ON... can I get a fact check on aisle CoinDesk?— Brad Garlinghouse (@bgarlinghouse) February 5, 2020
XRP has outperformed BTC and the broader crypto market in 2020. XRP is up 44% (19.1 to 27.5) vs BTC's 33% (7,100 to 9,500) so far this year.#factsmatter https://t.co/KAdFqD93t1
In addition to that, Garlinghouse hinted that Novogratz failed with his prediction when he said that bitcoin would reach 20K in 2019.
"He did predict Tom Hanks would win an Oscar for Mr. Rogers — maybe this is the prediction he’ll get right? Personally voting for Brad Pitt though!," Ripple CEO added.
In fact, XRP is doing pretty well for the last 24h timeframe. At the time of writing, XRP is trading at 0,27 (+3,71%).
XRP has gained over 30% since the very beginning of 2020, while bitcoin has gained approximately 28%.
Previously iHodl reported that Ripple-backed Xpring initiative rolled out blockchain developers dedicated forum and community page, as part of a new function at Xpring.
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