Veteran trader Peter Brandt has once again drawn attention within the digital asset space after publicly criticizing investors who support XRP. Brandt, who has traded financial markets for more than fifty years, argued that XRP backers display a level of conviction he associates with what he describes as poorly informed “perma bulls.”
His remarks quickly reignited a familiar debate between traditional market technicians and XRP supporters who prioritize broader adoption narratives.
Brandt explained that his assessment is rooted in decades of experience across commodities, equities, futures, and cryptocurrencies. According to him, some investor groups remain consistently optimistic regardless of prolonged drawdowns, shifting macroeconomic conditions, or repeated technical breakdowns.
He grouped XRP supporters alongside long-term silver investors, suggesting that both communities maintain unwavering confidence even during extended periods of underperformance.
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
Responses From the XRP Community
Unsurprisingly, Brandt’s comments were met with immediate pushback. Zach Rector, a prominent XRP-focused analyst, pointed to what he described as evolving sentiment among former critics.
Rector highlighted a recent statement from YoungHoon Kim, a well-known Bitcoin maximalist, who announced on December 12 that he had begun accumulating XRP. Kim’s decision drew attention because of his previously firm stance against alternative crypto assets.
Other responses emphasized analytical differences rather than confrontation. Market commentator X Finance Bull acknowledged Brandt’s extensive trading background but questioned whether conventional chart-based models fully reflect XRP’s current positioning.
He argued that XRP’s valuation may increasingly depend on regulatory clarity, institutional adoption, and its role within cross-border payment infrastructure rather than short-term price formations alone.
Similarly, Altcoin Buzz suggested that many XRP holders are less focused on near-term market fluctuations and more concerned with long-range utility. In that view, Brandt’s critique reflects a divergence in investment philosophy rather than an objective judgment on XRP’s long-term viability.
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Historical Context of the Dispute
Brandt’s skepticism toward XRP is not new. Over the years, he has repeatedly questioned the asset’s valuation and has, at times, projected continued weakness against Bitcoin. XRP supporters frequently respond by pointing out instances where such forecasts did not materialize as expected.
That said, Brandt’s outlook has not always been negative. Earlier this year, he identified a bullish technical setup on XRP that ultimately resulted in a price advance before broader market pressure led to a reversal. This mixed history underscores that his criticism is largely tied to investor behavior rather than an outright dismissal of XRP as a tradable asset.
The exchange highlights an ongoing divide within the crypto market. While traders like Brandt rely heavily on historical price action and classical technical analysis, many XRP investors emphasize legal progress, institutional interest, and evolving financial infrastructure.
This contrast continues to shape debate around XRP’s future and reflects broader tensions between traditional trading frameworks and adoption-driven investment theses.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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