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Ripple Message: October's performance disappointed the bulls of XRP, but Garlinghouse claims the market overlooked its momentum
Coinpedia
1h ago
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Ripple CEO Brad Garlinghouse stated that pessimistic narratives about the crypto industry continue to emerge, but the industry has proven time and again that these views are incorrect. At an event held in New York, Ripple Swell, he mentioned that although he had hoped for a stronger market performance in October, he is very excited about the current position of Ripple and the activities it is driving within the XRP ecosystem. Reports indicate that XRP has been under pressure this month, with its trading price approaching $1.29, while Bitcoin has fallen below $80,000.
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Ripple Message: October's performance disappointed the bulls of XRP, but Garlinghouse claims the market overlooked its momentum.

Ripple CEO Brad Garlinghouse stated that pessimistic narratives about the crypto industry continue to emerge, but this industry has time and again proven that these claims are incorrect.

At the Ripple Swell event held in New York on Wednesday, Garlinghouse stated that over the 12 years he has been in this industry, he has heard many predictions that the “cryptocurrency industry is over.” He attributed the industry’s ability to survive multiple bear markets to the resilience demonstrated by those who have continuously worked in this field.

Garlinghouse admits that he originally hoped October would be a month with stronger market performance. Nevertheless, he says he is incredibly excited about the current position of Ripple and the activities it is driving within the entire XRP ecosystem.

The report mentioned that XRP has been struggling this month, with its trading price approaching $1.29; meanwhile, Bitcoin has fallen below $80,000.

Author: Anjali Belgaumkar. Source: Coinpedia.

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