"Cardone's XRP Exit: A Storm of Doubt and Defense"

Gary Cardone, a prominent financial expert, recently sparked a heated debate within the XRP community by announcing his decision to sell his entire XRP holdings, worth approximately $81,000. Cardone's move has reignited discussions about XRP's future and investment strategy, with mixed reactions from the community.

Cardone revealed his decision on X, stating that he had doubts about XRP's long-term potential and criticized the lack of clarity in its supply-demand dynamics. He outlined six investment principles that influenced his decision, including avoiding investments that are not easily explainable and resisting herd mentality. While he wished XRP holders well, he made it clear that he was not confident in the asset's profitability.

Cardone's decision drew mixed reactions from the XRP community. Some agreed with his cautious approach, while others questioned his reasoning and the validity of his claims. Crypto analyst Cypress Demanincor strongly disputed Cardone's rationale for exiting XRP, arguing that the supply-demand data for XRP has been publicly available for years and has been extensively analyzed by many experts.

Demanincor contended that Cardone's claim of uncertainty wasn't due to a lack of information but rather a choice to ignore well-documented research. He also took aim at Cardone's investment principles, particularly his stance on price versus value. Demanincor argued that financial awareness and understanding intrinsic worth are not mutually exclusive.

Adding to his defense of XRP, Demanincor emphasized that institutional adoption of crypto is accelerating, and XRP is positioned to benefit from this growing mainstream interest. He questioned the timing of Cardone's exit, suggesting that exiting now may be premature. To reinforce his point, he highlighted XRP's historical price growth, noting that an investment of $82,000 in 2016-2017, when XRP was $0.11 per token, would now be worth approximately $1.9 million.

Demanincor's pointed criticism led some in the XRP community to speculate on Cardone's true motivations. Some suggested that his announcement could be an attempt to influence retail investors, similar to instances where influencers encouraged selling before major price rallies.