Former XRP Critic Peter Brandt Calls XRP “Leader of the Pack”. Here’s why

Peter Brandt, a veteran trader and well-known figure in the financial trading community, has had a polarizing relationship with the XRP community. For years, he has publicly criticized the cryptocurrency and its holders, often dismissing its potential as an investment.

In December 2020, Brandt posted a scathing remark, saying, “If you own XRP, then 10X shame on you for being such an idiot.” His skepticism toward XRP extended beyond individual holders, as he frequently questioned the asset’s status and future value.

In May 2024, Brandt stated, “XRP should be considered a security. Eventually, it will be.” These comments reflect his longstanding doubts about the cryptocurrency and its viability as an investment.

Brandt’s criticism also included price predictions that dismissed XRP’s potential. He predicted XRP’s price would drop to zero the same month. His remarks amplified tensions between Brandt and the XRP community, many of whom viewed his analysis as dismissive of the cryptocurrency’s underlying technology and use cases.

From Detractor to Supporter

However, by late 2024, Brandt’s outlook on XRP had notably shifted. After years of dismissive commentary, he began to acknowledge the asset’s growing market presence and strong technical performance.

One of his later posts included an XRP price chart, which he described as “the most powerful chart in the crypto world.” He even recently referred to XRP as the “leader of the pack,” signaling a dramatic reversal in his stance.

However, the XRP army has not forgotten Brandt’s previous attitude toward the digital asset. Mr. Intuitive, a well-known crypto figure, replied to Brandt’s post highlighting his previous comments. Mr. Intuitive included Brandt’s recent positive post to show how XRP changed the veteran’s mind.

Brandt’s shift from shaming XRP holders to calling XRP the leader of the pack came shortly before the asset began skyrocketing. XRP began a notable run in November following Donald Trump’s victory in the U.S. Presidential election and climbed to its highest price since 2018.

While Brandt’s early criticism left a lasting impression, his most recent remarks suggest that XRP has managed to challenge even its most vocal detractors.

Brandt recently shared a chart showing how XRP could climb above $8, and the trading veteran is now fully on the XRP train, sharing exciting charts and bullish expectations for the digital asset’s future.

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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