Mike Novogratz在XRP上翻轉，承認社區的力量

億萬富翁投資者邁克·諾維格拉茨（Mike Novogratz）最近強調了多年來XRP相關的主要因素。儘管他最初的懷疑

Billionaire investor and Galaxy Digital CEO Mike Novogratz has highlighted the importance of community in sustaining the value of crypto assets, using XRP as an example.

億萬富翁投資者和銀河數字首席執行官Mike Novogratz強調了社區在維持加密資產價值的重要性，以XRP為例。

In a recent episode of the Galaxy Brains podcast, Novogratz discussed the factors influencing the performance of cryptocurrencies, particularly in relation to Bitcoin. Host Alex Thorn highlighted the declining performance of Ethereum against BTC, specifically mentioning a 75% decline since the Merge and a 50% drop following the announcement of Ethereum ETFs in mid-2024. He went on to ask Novogratz when he anticipated the ETH-to-BTC ratio to begin reversing.

在Galaxy Brains播客的最新一集中，Novogratz討論了影響加密貨幣表現的因素，尤其是與比特幣有關的因素。主持人亞歷克斯·索恩（Alex Thorn）強調了以太坊對BTC的表現下降，特別是自合併以來的下降75％，在2024年中期宣布以太坊ETF之後，以太坊的下降和50％的下降。當他期望ETH與BTC的比率開始逆轉時，他繼續問Novogratz。

Emphasizing Bitcoin’s simple and powerful narrative as digital gold, Novogratz explained that the value of BTC lies in the collective belief in its significance, rather than solely its technology. He highlighted the strength of Bitcoin’s narrative, stating, “The idea of people believing, that's what gives it its value.”

Novogratz強調比特幣的簡單而強大的敘事，解釋說，BTC的價值在於集體信念的意義，而不是僅僅是其技術。他強調了比特幣敘事的力量，並指出：“人們相信，這就是賦予其價值的原因。”

However, Novogratz contrasted this with Ethereum's more complex proposition as a global decentralized trust layer, which has faced challenges due to increasing competition and an oversupply of altcoins in the market.

但是，Novogratz將其與以太坊更複雜的主張作為全球分散的信任層形成鮮明對比，由於競爭的增加和市場上的Altcoins過度供應，該層面面臨著挑戰。

“One of the reasons I think the prices of all these alts are going down is, there are too many of them,” Novogratz said, adding, “There is an infinite amount of token supply coming up […] and there is not enough time for those narratives to build community.”

“我認為所有這些Alts的價格下跌的原因之一是，它們太多了。”這些敘述建立社區的時候了。”

He then pointed to older crypto assets like XRP and Cardano (ADA), highlighting that these assets began circulating at a time when the crypto ecosystem did not witness such an oversupply of multiple altcoins, which allowed them to actually build community. This community, according to Novogratz, has sustained their relevance.

然後，他指出了XRP和Cardano（ADA）等較舊的加密資產，強調這些資產在加密生態系統沒有見證了多個Altcoins的過度供應時開始流通，這使他們實際上建立了社區。根據諾維格拉茨（Novogratz）的說法，這個社區維持了他們的意義。

Notably, Novogratz had previously expressed skepticism towards XRP's lasting power, primarily due to Ripple owning a significant portion of the token's supply. However, in December 2023, he admitted that he was wrong.

值得注意的是，Novogratz先前曾對XRP的持久力表示懷疑，這主要是由於波紋擁有代幣的很大一部分供應。但是，在2023年12月，他承認自己錯了。

He conceded that he underestimated the XRP Army, the community of XRP proponents, and acknowledged that XRP has remained relevant because of its passionate user base, which has actively defended and promoted the token over the years. He compared the XRP Army to Bitcoin’s community, both of which play a major role in maintaining their respective assets’ valuations.

他承認，他低估了XRP支持者社區的XRP軍隊，並承認XRP由於其熱情的用戶群而保持相關性，多年來，該XRP一直積極捍衛和促進令牌。他將XRP軍隊與比特幣社區進行了比較，這兩者在維持各自資產的估值方面起著重要作用。

In February 2025, Novogratz reiterated this perspective, noting that community engagement has become an essential aspect of cryptocurrency valuations. He also expressed surprise at XRP's November 2024 price surge, particularly following Donald Trump’s election victory. He admitted that he never expected XRP to become one of the best-performing tokens in late 2024 but acknowledged that the strength of its community played a decisive role in its success.

2025年2月，Novogratz重申了這一觀點，並指出社區參與已成為加密貨幣估值的重要方面。他還對XRP 2024年11月的價格漲幅感到驚訝，尤其是在唐納德·特朗普（Donald Trump）的選舉勝利之後。他承認，他從未期望XRP成為2024年底表現最好的代幣之一，但他承認其社區的實力在其成功方面發揮了決定性作用。