Mike Novrozrats, CEO of Galaxy Investment Partners, has one thing to say about the XRP army: they have proven that society is an economic power. Mike admitted that the most fans of Crypto, such as XRP, completely changed the way to display investors.
For him, it is no longer related to profits or margins. It is about who can build a higher and most difficult society ready to defend its assets at any cost. And if you are looking for an example of a textbook on that, Mike says you do not need to search after XRP.
In an interview podcast, Mike He said“I bought Pepsi because many people bought Pepsi. But now, in encryption, it is different. The community itself leads the value, and XRP proves that.”
He pointed to how a simple negative tweet about XRP was obtained by “death threats” from angry supporters.
How the XRP community exceeds the logic of the traditional market
Mike compared the XRP army to Tesla fans, which strengthened the company in Stock Meme a long time before becoming a giant of electric cars today. At that time, Wall Street analysts continued to say that the evaluation of Tesla was not logical, but the society behind it did not care.
For years, the distinguished symbol of Ripple was a battlefield between its difficult fans and its harsh critics. Even when Ripple was prosecuted by SEC, XRP supporters did not retreat. Instead, they fought more strongly, and published their mission through each single social media platform there, from Twitter to Instagram to Tiktok, where they created retailers, published themes, promoted to see Ripple to make across border payments cheap and fast, and can be accessed for everyone.
This obsession with the value that society drives has spread beyond XRP. We got metal currencies like Dogecoin and Pepe, whose initial storms were treated as jokes, but they are now essential in the encryption market. “We thought this was temporary,” Mike confessed. “But man, man, he continued for at least five years.”
Mike does not think this behavior is limited to encryption. He indicated that even Wall Street was forced to note. MEME shares like Gamestop and AMC showed how online societies can disable markets overnight.
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