XRP Holders Labeled ‘Uneducated Perma Bulls’ By Veteran Trader – Details
The post XRP Holders Labeled ‘Uneducated Perma Bulls’ By Veteran Trader – Details appeared on BitcoinEthereumNews.com.
Veteran market trader Peter Brandt has reignited debate around XRP after issuing sharp remarks about the token’s most loyal supporters. Drawing from a career that spans more than five decades, Brandt grouped XRP alongside silver when describing markets where bullish belief often holds firm despite repeated price swings and long periods of disappointment. According to people familiar with his comments, Brandt grounded his criticism in personal trading history. He said he has handled thousands of contracts across commodities, equity benchmarks, and digital assets, and argued that the “perma bulls who I find most uneducated and biased are those who trumpet Silver and XRP,” pointing to what he sees as a pattern of investors staying bullish even when price action and broader conditions turn against them. Brandt Highlights Decades Of Experience Brandt’s tone was blunt and personal. He has a long record of public commentary, and his criticisms of XRP are part of a pattern that stretches back years. Earlier this month he called XRP supporters “obsessed” and compared their conviction to that of silver bulls. For 50 years I have traded many thousands of contracts of every commodity, stock indexes and as many cryptos as you can think of The perma bulls who I find most uneducated and biased are those who trumpet Silver and XRP — Peter Brandt (@PeterLBrandt) December 12, 2025 At times he has made bearish forecasts — including predictions that XRP would slide toward zero against Bitcoin — while at other moments he identified bullish chart patterns and set higher targets that were later hit before the market reversed. Community Pushback And Surprises Responses came fast. Zach Rector, a known figure in the XRP space, pushed back on Brandt’s view. Reports disclosed that Bitcoin maximalist YoungHoon Kim said on December 12 that he would start buying…
Filed under: News - @ December 14, 2025 5:20 pm