Veteran trader Peter Brandt, known for his polarizing views on XRP, has made a surprising U-turn. After years of openly criticizing the cryptocurrency and its community, Brandt now praises XRP’s market strength and potential.

Past Criticism of XRP

Brandt’s relationship with XRP has been tumultuous. In December 2020, he infamously tweeted, “If you own XRP, then 10X shame on you for being such an idiot.” He labeled the cryptocurrency as unviable and predicted its eventual downfall, even suggesting in May 2024 that “XRP should be considered a security” and claiming its price would plummet to zero.