In a recent Twitter post, crypto enthusiast Riz shared a clip of Real Vision CEO Raoul Pal’s candid comments on the XRP community and the digital asset, generating a lively debate among his followers.
In the video, Pal voiced his thoughts on XRP, Cardano, and other blockchain projects, expressing a detached view on these “dino coins”—a term often used in the crypto world to describe older, less innovative digital assets.
Pal’s remarks on XRP and his general approach to investing reflect a pragmatic perspective that prioritizes return on investment over loyalty to any specific blockchain project.
Performance Over Loyalty: Pal’s Investment Strategy
Raoul Pal’s commentary opens with a humorous complaint as he mentions the frequency with which people ask for his opinion on assets like XRP and Cardano.
“Every time, XRP, Cardano, XRP, Cardano,” Pal notes, hinting at the persistent demand for his take on these assets, often accompanied by polarized reactions from the crypto community. Pal lightheartedly observes that his stance elicits extreme responses from fans of these assets, joking, “If I say anything, they’re like, you bastard, I hate you.”
His remarks underscore the impassioned loyalty some crypto enthusiasts hold toward their favored coins, particularly within the XRP community, or “XRP Army,” as they are commonly known.
While Pal acknowledges XRP’s potential, crediting its business development team for their strategic initiatives, he clarifies why he has not included it in his portfolio. According to Pal, his decision is purely performance-driven, as he perceives XRP to be “underperforming everything else.”
Pal said, “I am a mercenary when it comes to performance.” He underscores his commitment to maximizing returns during the current six-year market cycle, emphasizing that his focus is not on any particular blockchain network, but on ensuring the highest possible return on capital.
He adds, “I will not get married to any chain. I want to get married to my P&L so I can unfuck my future,” indicating that he remains flexible in his approach, moving between assets based on their performance potential.
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Advice to Investors: Focus on Performance-Driven Assets
In the video, Pal encourages investors to evaluate their holdings with the same objectivity. He urged investors holding XRP or other longstanding assets to consider how they measure up to emerging blockchains like Solana. He bluntly states, “Just make sure it’s outperforming the price of Solana.
If not, you’re doing yourself a disservice.” This comment reflects a broader trend in the crypto space, where investors often shift focus from established assets to newer projects with greater growth prospects.
Community Reactions: Mixed Views on Pal’s Remarks
Riz’s tweet with Pal’s video triggered a chain of responses on X (formerly Twitter). One user, Tha Quota, speculated that Pal still holds XRP, but just doesn’t discuss it publicly.
“He knows he still holds bags of $XRP c-mon now,” Tha Quota wrote, implying that Pal’s public dismissal of XRP might be more of a tactical decision than a genuine lack of interest.
Another user disagreed, challenging Tha Quota’s view by pointing out XRP’s lackluster returns compared to other assets in recent years. This user asserted, “Why would he lie it doesn’t even make sense. You all are crazy. I held for years but that’s behind me. XRP is trash compared to nearly everything else return-wise.”
Adding to the conversation, the same user mentioned an often-debated incident in which Ripple co-founder Chris Larsen reportedly donated $10 million worth of XRP to Kamala Harris’s political campaign.
Some believe this contribution and the XRP selling pressure, potentially impact the asset’s price. For certain XRP skeptics, this donation further symbolizes the coin’s apparent challenges in achieving sustained, robust growth.
Raoul Pal’s comments, coupled with the responses they generated, encapsulate the often-divisive sentiment within the crypto community toward assets like XRP. While XRP remains popular among a dedicated group of followers, it is clear that some investors are increasingly looking toward projects with higher performance potential in this evolving market landscape.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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