XRP Bull John Squire Cites Brad Garlinghouse on Crypto Survival Odds

Crypto influencer John Squire has reaffirmed his confidence in XRP after revisiting comments from Ripple CEO Brad Garlinghouse. In a recent post on X, Squire recalled Garlinghouse's warning that most cryptocurrencies would fail because they lack a clear reason to exist.

Squire emphasized the importance of real-world utility and connected this view to his stance on XRP. He stated that he is betting on the cryptocurrency because it has practical applications.

Garlinghouse had previously predicted that '99% of all crypto probably goes to zero,' but clarified that this refers to tokens without a purpose, not the entire market. He distinguished between cryptocurrencies with real-world utility and those created without a clear function.