Veteran market trader Peter Brandt reignited the XRP debate after making scathing remarks about the token’s staunchest supporters. Drawing from a career spanning more than five decades, Brandt grouped XRP alongside silver when describing markets where bullish conviction often remains strong despite repeated price swings and long periods of disappointment.
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Brandt based his criticism on his personal trading history, according to people familiar with his comments. He said he has worked on thousands of contracts in commodities, equity benchmarks and digital assets, and asserted that “the persistent bulls I find the most uneducated and biased are the ones trumpeting 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 points to decades of experience
Brandt’s tone was blunt and personal. He has a long record of public comment, and his criticisms of XRP are part of a pattern that goes back years. Earlier this month, he called XRP supporters “obsessed” and compared their belief to that of silver bulls.
Over 50 years I have traded thousands of contracts of every type of commodity, stock index and as many cryptocurrencies as you can think of
The constant bulls I find the most uneducated and biased are the ones trumpeting silver and XRP— Peter Brandt (@PeterLBrandt) December 12, 2025
At times he made bearish forecasts — including predictions that XRP would slide toward zero against Bitcoin — while at other times he identified bullish chart patterns and set higher targets that were later achieved before the market reversed.
Rejection of community and surprises
Answers came quickly. Zach Rector, a prominent figure in the XRP space, dismissed Brandt’s view. Reports revealed that bitcoin maximalist YoungHoon Kim said on December 12 that he would start buying XRP — a significant shift for someone who favored Bitcoin exclusively.
Kim claimed to have an IQ of 276, a detail many readers labeled as unverifiable, but it was repeated in social media posts and sparked debate. X Finance Bull accepted Brandt’s trading record, but suggested that the charts alone may miss broader structural shifts in crypto markets. dr. Don Woods, a self-described silver bull, joked that the triple-digit returns didn’t faze him with labels of bias or ignorance.
XRP: The context of prices and market movements
According to market recordings linked to exchanges, XRP was trading above $3 at one point before slipping towards the lower end of the $2 region. Volume and broader crypto swings played a role in the move.
Brandt’s critics point to this resilience as evidence that his appeals sometimes fail. His supporters say his track record over five decades still deserves weight. Both views are in circulation and both are used to argue for different investments.
10,000 XRP and the freedom argument
Meanwhile, Edoardo Farina, founder of Alpha Lions Academy, maintained a steady bullish stance. Based on his past posts, he claimed that holding 10,000 XRP could put an investor in a special position if prices rise enough.
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“It’s hard to fathom how free you’ll be,” he wrote in a message that was later widely shared. That statement does not contain a time frame or clear target prices. It is a game of belief, not a forecast built on discovered assumptions.
The different viewpoints are part of a larger debate about bias, data and belief in cryptocurrencies. Some traders see Brandt’s words as a warning against unbridled optimism. Others treat the community’s pushback as evidence that the XRP story isn’t settled and that broader factors — legal, regulatory and adoption-related — could change the math.
Featured image from Unsplash, chart from TradingView