• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Hoskinson and Brandt: New Interaction with the XRP Community

user avatar

by Giorgi Kostiuk

3 months ago


A recent discussion between Cardano founder Charles Hoskinson and trader Peter Brandt has caught the attention of the cryptocurrency community. The interaction highlighted a shift in views towards XRP and trading strategies.

Peter Brandt's Message to the XRP Community

Veteran trader Peter Brandt addressed the XRP community in a social media post, reflecting on his past critical remarks towards XRP and its supporters. Brandt acknowledged that some of his remarks may have been justified, while others were uncivil or even amusing. From a professional trading standpoint, he explained his comments were rooted in capital preservation.

Criticism Rooted in Trading Philosophy

In his post, Brandt elaborated on his longstanding concerns regarding XRP's performance relative to Bitcoin, which he regards as a 'store of wealth' standard. He cited the history of steep declines in XRP, emphasizing that holding onto an unstable asset consistently performing worse than a more stable option is irrational in investment.

Focus on the Community’s Attitude

Brandt clarified that his critique was aimed not at individual XRP supporters but rather at their attitude towards significant losses. He discussed their 'dogmatic, often obnoxious defense' of XRP during downturns. Ultimately, Brandt conveyed wishes for the XRP community's success and declared that this would be his final public commentary on XRP.

Charles Hoskinson's light-hearted response to Brandt's post suggests he observes a potential shift in communication between XRP supporters and their critics. This interaction underscores ongoing discussions around XRP, its performance, and the dedicated community supporting it.

0

Share

Other news

XRP, ADA and MAGACOINFINANCE: Leading Assets of 2025

Analysis of XRP, ADA, and MAGACOINFINANCE prospects as the crypto market grows towards 2025.

user avatarGiorgi Kostiuk

2 minutes ago

Bitcoin as a Hedge after S&P 500 Drops $5 Trillion

Bitcoin shows resilience, staying above $82,000 amidst a $5 trillion decline in the stock market.

user avatarGiorgi Kostiuk

2 minutes ago

Former Fed Vice Chair Deems June Rate Cuts Unwise

Roger Ferguson cautions against lowering interest rates due to persistent inflation and a stable economy.

user avatarGiorgi Kostiuk

2 minutes ago

50 Years of Satoshi Nakamoto: Contributions to Cryptocurrency and Bitcoin's Future

Satoshi Nakamoto marks a milestone as Bitcoin's creator, while the cryptocurrency continues to hold a prominent place in the financial landscape.

user avatarGiorgi Kostiuk

27 minutes ago

Spot Ethereum ETFs Receive $2.1 Million: What Does It Mean for the Crypto Market?

In the midst of market caution, spot Ethereum ETFs saw a $2.1 million inflow. We analyze the reasons and implications of this event.

user avatarGiorgi Kostiuk

34 minutes ago

XRP: $2 Support Could Trigger 30% Growth

Analysis of Ripple's XRP token highlights the significance of the $2 level for future movements. Analysts provide both positive and negative forecasts.

user avatarGiorgi Kostiuk

35 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.