Raoul Pal, a prominent financial analyst and former hedge fund manager, has publicly commended the XRP community following the cryptocurrency’s significant price surge.
In a <a href="https://x.com/RaoulGMI/status/1863358055469002807" rel="noopener noreferrer nofollow">post</a> on X (formerly Twitter), Pal acknowledged the accuracy of XRP enthusiasts’ predictions, admitting his skepticism had been misplaced.
Addressing his teeming followers, Pal referred to the XRP supporters as “XRP Jedi Warriors,” recognizing their steadfast belief in the cryptocurrency’s potential.
He admitted, “You were right, I was wrong. Well done! Dinosaurs still roam the earth.” Pal also highlighted the community’s challenges, remarking that they had “walked through hell to get here.”
The financial expert also recalled the hardships endured during the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple in 2020. This legal action led to XRP being delisted from prominent exchanges such as Coinbase, Binance US, and Bitstamp.
While trading was suspended, users could still hold, deposit, and withdraw XRP. Pal noted that he retained some XRP during that turbulent period, describing it as the “delisting times.”
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Dear <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> Jedi Warriors…
 You were right, I was wrong. Well done! Dinosaurs still roam the earth <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f609.png" alt="😉" class="wp-smiley" style="height: 1em; max-height: 1em;">
 I just want everyone to make $$ and you guys have walked through hell to get here. I still own some XRP from the delisting but you guys/girls deserve everything.
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f44f.png" alt="👏" class="wp-smiley" style="height: 1em; max-height: 1em;">
 — Raoul Pal (@RaoulGMI) <a href="https://twitter.com/RaoulGMI/status/1863358055469002807?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 1, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Earlier in the year, Pal had criticized XRP and ADA, suggesting they had become “cults” and advising investors to avoid them. However, the recent market developments compelled him to revise his stance, particularly as XRP’s price climbed past $1 and then surged to over $2.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 We are on twitter, follow us to connect with us :- <a href="https://twitter.com/TimesTabloid1?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@TimesTabloid1</a>
 — TimesTabloid (@TimesTabloid1) <a href="https://twitter.com/TimesTabloid1/status/1680250907504656385?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 15, 2023</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 id="b-ripple-unlocks-one-billion-xrp-amid-market-rally-b">Ripple Unlocks One Billion XRP Amid Market Rally</h2>
The price rally coincided with a significant transaction by Ripple. Data from Whale Alert, a platform that tracks large cryptocurrency transfers, revealed that <a href="https://timestabloid.com/ripple-locks-back-2-16-billion-worth-of-xrp-as-price-rallies-to-3/" rel="noopener noreferrer nofollow">Ripple released one billion XRP tokens from escrow</a> on December 1. At the current market value, this amounted to over $2 billion.
XRP’s remarkable performance has been particularly notable since November 24, when the token traded above $1. Since then, XRP has experienced an impressive 84.78% increase, reaching $2.73 at the time of writing. The rally solidified XRP’s position as the third-largest cryptocurrency by market capitalization, a spot it had not held in years.
The timing of Ripple’s escrow release, coupled with XRP’s price surge, has sparked interest among market analysts and the broader crypto community. This significant development comes as Ripple continues to expand its presence in global payment solutions and reinforces the resilience of XRP supporters despite past challenges.
<h2 id="b-a-shift-in-perception-b">A Shift in Perception</h2>
Pal’s acknowledgment marks a turning point in his view of XRP, signaling broader recognition of the cryptocurrency’s potential. As the market evolves, <a href="https://timestabloid.com/moonpay-reveals-xrp-biggest-surprise-of-2024-fox-business-journalist-reacts/" rel="noopener noreferrer nofollow">dedicated communities like XRP’s</a> remain a testament to the influence of collective conviction in the crypto 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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The post <a href="https://timestabloid.com/real-vision-ceo-raoul-pal-calls-xrp-army-jedi-warriors-reveals-his-xrp-holdings/" rel="noopener noreferrer nofollow">Real Vision CEO Raoul Pal Calls XRP Army “Jedi Warriors”, Reveals His XRP Holdings</a> appeared first on <a href="https://timestabloid.com" rel="noopener noreferrer nofollow">Times Tabloid</a>.

Real Vision CEO Raoul Pal Calls XRP Army “Jedi Warriors”, Reveals His XRP Holdings

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