New Billionaires

CEOs Chris Larsen and Brad Garlinghouse

Ripple’s XRP worst performing crypto asset!!!!

XRP closed 2019, 2020, 2021, 2022, 2023 as the worst performing cryptocurrency . Unfortunately for holders, that trend has persisted so far

the year, Ripple CEO Brad Garlinghouse revealed that Ripple would not be profitable or cash flow positive without selling XRP,

indicating that its XRP sales were indeed helping to finance the business,"

sales of XRP have been an explosive issue within the crypto industry. On the one hand, Ripple has always been clear and transparent in revealing its sales, stating publicly that the company does not care much about the price of XRP, and that it does not intend to permanently end this practice. On the other hand, XRP holders—the ones affected by these token dumps—have been vocal on social media in expressing their discontent.

Two of the newest billionaires who have enjoyed massive windfalls from the success of XRP are Ripple's current and former CEOs Chris Larsen and Brad Garlinghouse.

There could be more headaches in the future. Investors who are thinking of adding Ripple to their portfolios need to understand that this will always be a risk. This is especially true considering Ripple's strategy

Ripple sold over $104 million in XRP this month, double their usual amount. The increased sales coincided with a rise in Ripple's public marketing efforts, adding to the mystery behind their strategy. Community members are curious about Ripple's funding delays and how these sales might affect the XRP market.