Max Keiser Claims XRP Growth Chances Are Zero

user avatar

by Giorgi Kostiuk

2 years ago

Vocal Bitcoin maximalist Max Keiser has once again criticized XRP, stating that the chances for its growth are zero. This criticism comes amid the recent SEC appeal against Ripple.

Max Keiser's Relationship with XRP

Last week, Max Keiser, a Bitcoin advisor to the president of El Salvador, shared a video on social media, likening XRP holders to a fledging bird unable to catch a worm. He openly criticizes altcoins like XRP, SOL, ADA, and ETH, referring to them as 'centralized tokens'.

SEC's Response to Ripple Case

The Securities and Exchange Commission (SEC) has filed an appeal against a federal judge's decision in the case against Ripple, resulting in a significant drop in XRP's price. On October 2, the agency filed its appeal but has not yet specified which issues it intends to appeal.

Ripple's Response to SEC Appeal

Ripple's CEO, Brad Garlinghouse, called the SEC appeal 'infuriating' and 'misguided', stating that the company intends to continue the fight to achieve ultimate victory. Ripple has spent over $200 million on legal battles with the regulator, including a $125 million fine.

The ongoing conflict between Ripple and the SEC continues to significantly impact the cryptocurrency market and fuels debates among investors and analysts. Time will tell whether this confrontation will lead to changes in regulatory approaches to the crypto industry.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

MEXC Launches 'Trading Takes Two' Campaign to Showcase AI Capabilities

MEXC is launching a month-long campaign titled 'Trading Takes Two' to showcase how MEXC AI supports users in their trading journey.

user avatarTenzin Dorje

HTX Research Highlights Risks in Stock-Linked Memecoins

HTX Research's report highlights the risks of stock-linked memecoins, focusing on misleading high APY figures and the importance of understanding market conditions.

user avatarBayarjavkhlan Ganbaatar

HTX Research Unveils Insights on Stock-Linked Memecoins

HTX Research has released a report on stock-linked memecoins, analyzing their market structure and growth potential.

user avatarMohamed Farouk

BAI Builds Closed-Loop Infrastructure for the Agent Economy

BAI is building a closed financial loop for the agent economy, integrating models and agents to facilitate seamless transactions.

user avatarDiego Alvarez

BAI Sets New Industry Record with 151 Trillion Tokens Daily Throughput

BAI has set a new industry record with a daily throughput of over 151 trillion tokens, marking a significant increase since its launch.

user avatarElias Mukuru

Justin Sun Prize Launched to Transform Scientific Research

The Justin Sun Prize has been established to redefine scientific rewards in the AI era, offering up to $1 million for breakthroughs in fundamental disciplines and machine formal verification.

user avatarKenji Takahashi

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.