Legendary trader Peter Brandt has sparked discussions among XRP adherents after sharing an observation he believes has been true over his 50 years of trading.
In his history of trading since 1975, when Silver was trading at a mere $5, Brandt said, “No group of traders has been more easily baited than XRP and Silver bulls.” The veteran trader criticized these traders while spotlighting a strong optimism he had often witnessed in XRP and silver bulls.
“What does this say about them? Any theories?” Brandt asked his 841,500 followers on X.
This post attracted the attention of the XRP Army, with Vet, an XRP Ledger validator, replying: “They got the dawg in them?” referencing the staunch belief of XRP investors.
XRP Set New Record High In 2025
Before 2025, XRP had last traded above the $3.00 milestone in 2018.
Even amid the lawsuit launched by the U.S. Securities and Exchange Commission (SEC) against Ripple in late 2020, XRP holders held strong.
Seven years later, and roughly a month before the conclusion of the legal brawl in August, the Ripple-affiliated token registered a new historic high of $3.65, data from CoinGecko shows, rocketing beyond its previous record peak of $3.40 from 2018.
XRP, now the fifth-largest crypto by market cap, was trading hands at $1.87 as of December 30, roughly 48.8% off its July all-time high.
Still, the asset has enjoyed strong institutional demand. U.S.-listed spot XRP exchange-traded funds (ETFs) have recently surpassed $1 billion in assets under management despite ongoing choppy market conditions. Per data from SoSoValue, total net assets across spot XRP ETFs reached around $1.24 billion as of Dec. 29, while cumulative net inflows rose to roughly $1.15 billion. These funds have posted 30 straight trading days of net inflows since their debut on Nov. 13.
Source: https://zycrypto.com/veteran-analyst-peter-brandt-says-xrp-bulls-are-the-most-easily-bated-traders-heres-why/
