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
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While many altcoins ride Bitcoin’s wave, Cardano (ADA) is making a name for itself with remarkable independent growth. Nearing an 8-month high, ADA's performance hints at significant potential for further gains.
Whale Activity Hits New Heights
A key factor behind Cardano’s rise is the resurgence of whale activity. Over 8,900 whale transactions have been recorded in the past two weeks—a level unseen in months. Such activity often signals growing confidence among large investors. In addition, Cardano’s trading volume surged to $52.26 billion this week, reflecting increased interest from inves
Whale Activity Hits New Heights
A key factor behind Cardano’s rise is the resurgence of whale activity. Over 8,900 whale transactions have been recorded in the past two weeks—a level unseen in months. Such activity often signals growing confidence among large investors. In addition, Cardano’s trading volume surged to $52.26 billion this week, reflecting increased interest from inves