Veteran market trader Peter Brandt has reignited the debate surrounding XRP after making some sharp remarks about the token's most loyal supporters. Brandt, drawing on his more than 50-year career, categorized XRP alongside silver when describing a market where bullish belief persists despite repeated price fluctuations and long periods of disappointment.
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Mr. Blunt is basing his criticism on his personal trading history, according to people familiar with his comments. “The perm bulls that I feel are the most uneducated and biased are the ones who trumpet silver and XRP,” he said, noting that he has handled thousands of contracts across commodities, equity benchmarks, and digital assets, pointing to a pattern in which investors remain bullish even when price movements or broader conditions turn against them.
Brandt highlights decades of experience
Blunt's tone was direct and personal. He has a long track record of public comment, and his criticism of XRP is part of a pattern that goes back years. Earlier this month, he called XRP supporters “obsessed” and likened their beliefs to those of a silver bull.
For 50 years, I have traded thousands of contracts in every commodity, stock index, and every cryptocurrency imaginable.
The permables who I think are the most uneducated and biased are the ones who trumpet Silver and XRP.— Peter Brandt (@PeterLBrandt) December 12, 2025
At times, he made bearish predictions, including a prediction that XRP would slide toward zero versus Bitcoin, but at other times, he identified bullish chart patterns and set higher goals that were later achieved before the market reversed.
Community backlash and surprise
The reply came quickly. Zack Rector, a prominent figure in the XRP field, refuted Brandt's view. According to reports, Bitcoin maximalist Younghoon Kim has said that he will start purchasing XRP on December 12th, a notable change for someone who has exclusively supported Bitcoin.
Kim claims to have an IQ of 276, which many readers flagged as unverifiable, but was repeated in social posts, sparking debate. X Bull Finance accepted Brandt's trading records, but suggested that charts alone could miss broader structural movements in the crypto market. Dr. Don Woods, a self-proclaimed silver man, joked that his triple-digit profits made him immune to labels of prejudice and ignorance.
XRP: Price situation and market movements
According to a market snapshot associated with the exchange, XRP traded above $3 at one point, but has since fallen toward the lower end of the $2 region. This move involved fluctuations in trading volume and broader cryptocurrencies.
Mr. Blunt's critics point to his resilience as evidence that his calls sometimes go awry. His supporters say his record spanning more than 50 years should still be valued. Both views are in circulation, and both are used to discuss various investment cases.
10,000 XRP and Freedom Discussion
Meanwhile, Alpha Lions Academy founder Eduardo Farina remains bullish. Based on past posts, he claimed that holding 10,000 XRP could put investors in a special position if the price rises enough.
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“It's hard to understand how much freedom you'll have,” he wrote in one message that was later shared widely. This claim does not include a timeline or a clear price target. This is an educated guess and is not a prediction built on disclosed assumptions.
The disagreement is part of a broader debate about bias, data, and beliefs about cryptocurrencies. Some traders are treating Mr. Brandt's words as a warning against unchecked optimism. Some are treating the community backlash as evidence that the XRP story is not settled and that broader factors (legal, regulatory, adoption-related) could change the calculus.
Featured image from Unsplash, chart from TradingView
