{"id":135964,"date":"2024-08-21T19:30:19","date_gmt":"2024-08-21T16:30:19","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135964"},"modified":"2024-08-21T18:23:37","modified_gmt":"2024-08-21T15:23:37","slug":"stay-away-from-cardano-and-xrp-warns-ex-goldman-sachs-executive","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/stay-away-from-cardano-and-xrp-warns-ex-goldman-sachs-executive\/","title":{"rendered":"Stay Away From Cardano and XRP, Warns Ex-Goldman Sachs Executive"},"content":{"rendered":"<p>Pal <strong><a href=\"https:\/\/x.com\/AbsGMCrypto\/status\/1825956753860866169?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1826129662679867634%7Ctwgr%5E2b22edcbd4fd7ee693982a3f01899371be035f17%7Ctwcon%5Es3_&amp;ref_url=https%3A%2F%2Fen.bitcoinsistemi.com%2Fformer-goldman-sachs-executive-warned-be-careful-with-these-two-altcoins-stay-away%2F\" target=\"_blank\" rel=\"nofollow\">argued<\/a> <\/strong>that both Ripple and Cardano are falling behind in innovation compared to newer altcoin projects. He advised investors to steer clear of <a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">ADA <\/a>and XRP, suggesting that these two cryptocurrencies have lost their competitive edge in the rapidly evolving market.<\/p>\n<p>According to Pal, XRP and ADA are now outdated, remnants from a previous market cycle. He cautioned investors against focusing on older altcoins like these during the next bull run, even comparing XRP supporters to a \u201ccult.\u201d Pal claimed that only a few high-profile investors have profited from XRP, while the average investor has not.<\/p>\n<p>Adding to the conversation, analyst Max Prime labeled XRP as one of the biggest frauds in the crypto world. Prime pointed out that despite a favorable court ruling, XRP\u2019s price has seen little improvement.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/ethereum-whale-profits-from-recent-price-surge\/\" title=\"Ethereum Whale Secures Profits from Recent Price Surge\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/ethereum-whale-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Ethereum Whale Secures Profits from Recent Price Surge<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Meanwhile, Cardano founder Charles Hoskinson weighed in on the debate, tagging Ripple CEO Brad Garlinghouse and jokingly asking when they would be attending \u201cSecret Cult meetings.\u201d Hoskinson also expressed confusion over Pal\u2019s negative views on XRP and ADA.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ex-Goldman Sachs exec Raoul Pal criticized popular altcoins XRP and Cardano (ADA) in a recent interview.<\/p>\n","protected":false},"author":3,"featured_media":108304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-135964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - 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