Galaxy Digital CEO Mike Novogratz is here to ruin the party for XRP and Cardano fans. 🎉 He’s like, “Hey, guys, your hype train might be running out of steam. 🚂💨 Time to show some real utility or get left in the dust!”
So, Novogratz is basically saying XRP and ADA are like that friend who’s all talk and no action. 🗣️💤 Sure, they’ve got a loyal fan base, but where’s the beef? 🍔 He’s warning that as the crypto market grows up and starts caring about actual business value, these tokens might end up as irrelevant as a fax machine in 2023. 📠
“Hype is great, but it’s like a one-night stand-it doesn’t last,” Novogratz quipped. “You need to bring something to the table, or you’re just another meme coin with a fancy whitepaper.” 🍾📜
Hype vs. Reality: The Crypto Midlife Crisis
Novogratz is calling out the crypto market’s midlife crisis. 🌪️ It’s moving from “Ooh, shiny new token!” to “Show me the money, honey!” 💸 XRP and ADA, once the cool kids on the block, are now being asked to prove they’re more than just a pretty face. 💅
“Investors are waking up and smelling the coffee,” he said. “They’re like, ‘Wait, what does this token actually do?’ And if the answer is ‘Not much,’ well, good luck with that.” ☕🤷♂️
Galaxy Digital CEO Mike Novogratz warned that XRP and Cardano (ADA) risk losing relevance if they fail to demonstrate real-world utility, arguing the crypto market is shifting from “narrative-driven tokens” to “business-driven tokens” with measurable value and profits. He expects…
– Wu Blockchain (@WuBlockchain)
So, if XRP and ADA don’t start pulling their weight, they might as well start selling NFTs of their logos to stay afloat. 🖼️💸
Bitcoin: The Crypto O.G. Still Holding It Down
Meanwhile, Bitcoin is just chilling, sipping its latte, and being the adult in the room. ☕💼 Novogratz is like, “Bitcoin’s got a job, a 401(k), and a clear purpose. It’s the crypto equivalent of a stable 9-to-5.” 📈
“XRP and ADA? They’re still figuring out what they want to be when they grow up,” he joked. “Maybe they’ll be something great, but right now, they’re just hanging by a thread.” 🧵😬
So, if you’re holding XRP or ADA, maybe start thinking about a backup plan. Just saying. 🤔
The Future is Business-Driven (or Bust)
Novogratz is all about tokens like Hyperliquid, which are tying their value to actual business performance. 📊 He’s like, “This is the future, folks. No more ‘trust me, bro’ tokens. Show me the profits, or hit the road.” 🚀💼
“Hyperliquid’s model is like crypto growing up and getting a real job,” he said. “It’s about time.” 👔💼
So, XRP and ADA, the ball’s in your court. Either step up or step aside. The crypto world doesn’t have time for dead weight. ⏳🚪
Related Reading: Ethereum Will Soon Beat Bitcoin, Galaxy Digital CEO Michael Novogratz Says
Because, let’s face it, in the world of crypto, only the useful survive. Darwin would be proud. 🦖💪
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2025-12-27 19:41