XRP Price Predicted to Drop to $0.01, Says Max Keiser
Bitcoin expert Max Keiser has once again criticized XRP, predicting a significant price downfall for the token. Keiser referred to XRP as “centralized garbage” and claimed that its price will continue to decline until it reaches $0.01. He posted a screenshot of XRP’s price, which was at $0.530783, suggesting a 4.8% decline on the day.
Keiser’s Previous Criticism of XRP
This is not the first time that Keiser has attacked XRP. In June 2023, he argued that Ripple and XRP would not succeed in their legal battle against the SEC. He called the battle “not about the law” and accused the securities regulator of targeting XRP for elimination.
Keiser also criticized Ripple CEO Brad Garlinghouse, calling his operation a Ponzi scheme. While acknowledging that some may view the SEC’s actions as overreaching, Keiser remained adamant that it was only a matter of time before XRP would face regulatory consequences.
XRP Price Analysis
Currently, XRP is priced at $0.5085, indicating a 3.97% decline in the last 24 hours and an overall loss of 11.43% in the previous seven days. On a monthly chart, XRP has dropped by 18.11%. However, it is important to note that market dynamics can change rapidly in the crypto industry.
Hot Take: Perform Independent Research and Risk Analysis
While Keiser’s predictions may hold weight for some investors, it is crucial to conduct thorough research and risk analysis before making any investment decisions in the crypto market. Market conditions can be unpredictable, and individual research is essential to make informed choices.
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