Veteran Trader Ignites Debate Over XRP Holder Sentiment
Peter Brandt, a seasoned figure in financial markets with over five decades of trading experience, has recently sparked considerable discussion within the cryptocurrency community. His pointed critique targeted the most devoted proponents of XRP, drawing parallels between their unwavering optimism and that observed in silver markets.
Brandt characterized these steadfast investors as “uneducated and biased perma bulls,” suggesting a pattern of persistent bullish conviction even in the face of significant price volatility and prolonged periods of underperformance.
Brandt’s Extensive Market Acumen Underpins His Stance
Leveraging a career that spans numerous market cycles, Brandt’s commentary is rooted in extensive practical experience. He recounts having executed thousands of contracts across a diverse range of assets, including commodities, equity indices, and digital currencies.
His outspoken views on XRP are not new, forming part of a consistent narrative stretching back several years. Brandt has previously labeled XRP supporters as “obsessed” and has made various market forecasts, ranging from bearish predictions of XRP sliding toward zero against Bitcoin to identifying bullish chart patterns that preceded price rallies.
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
Community Pushback and Unexpected Alignments
Brandt’s remarks quickly elicited a robust response from the XRP community and other market observers. Prominent XRP advocate Zach Rector publicly countered Brandt’s assessment, defending the asset’s dedicated following.
Notably, YoungHoon Kim, a self-proclaimed Bitcoin maximalist, announced a surprising shift in strategy, declaring his intent to acquire XRP. This move by someone previously exclusive to Bitcoin highlighted the polarizing nature of Brandt’
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