Former Goldman Sachs Executive Warned! “Be Careful with These Two Altcoins, Stay Away!”

Real Vision CEO and macro investor Raoul Palpopular altcoins in his latest interview XRP and Cardano (ADA) targeted.

At this point, Raoul Pal said that Cardano and Ripple do not have an innovative advantage and that other emerging altcoin He claimed that he had regressed in the face of his projects.

Famous name investors ADA and XRPHe said that these two projects have lost their innovation advantages against their new competitors in the market.

Pal argued that XRP and ADA are fundamentally outdated, two altcoins left over from the pre-bull market.

Pal told investors not to miss out on the new bull rally by investing in older altcoins like XRP and ADA, describing these altcoins as cults.

Stating that XRP fans are in a “cult”-like structure, Raoul Pal said that he believes there are no investors who have made money in XRP other than cult leaders. Pal stated that average investors cannot make money in XRP.

Another analyst, Max Prime, also XRP’Prime weighed in on the matter, calling it one of the biggest scams in the crypto space. He noted that even after a positive court ruling, the price of XRP showed very little movement.

To these criticisms Cardano founder Charles Hoskinson, He joined in by tagging the Ripple CEO. Hoskinson asked, “So Brad Garlinghouse, when are we going to the Secret Cult meetings?” Hoskinson also added that he could never understand this criticism from Raoul Pal.

So @bgarlinghousewhen are we going to the Secret Cult meetings? I never got the memo from Raoul https://t.co/Q9NBEoBcfs

— Charles Hoskinson (@IOHK_Charles) August 21, 2024

*This is not investment advice.