Posted 12/14/2023, 3:30:56 PM
Ex-Goldman Sachs Exec Bets on XRP Revival, Seeing SEC Lawsuit as 'Opportunity of a Lifetime'
- Ex-Goldman Sachs executive Raoul Pal invested in XRP after the SEC lawsuit against Ripple
- He saw the lawsuit and price drop as an "opportunity of a lifetime" to buy the discounted asset
- Pal believes XRP has real use cases and an active community, similar to why he bought Solana
- XRP is currently trading around $0.63, while Solana is up 5% in 24 hours to $71.65
- The article discusses Pal's long-term bet on XRP and the rationale behind his investment decision