Advocate of Bitcoin Predicts XRP, Deemed ‘Centralized Rubbish,’ Will Plummet to One Cent – Could This Happen? Bitcoin Proponent Sees ‘Centralized Garbage’ XRP Crashing To $0.01 – Will It?
Max Keiser, the outspoken Bitcoin supporter, has grabbed the spotlight once more, focusing his criticism on Ripple’s XRP during a latest tirade on Twitter. Keiser referred to XRP as “centralized trash” and confidently forecasted a drastic drop in its value, all the way down to just one cent. As expected, his audience, who are used to his staunch backing of Bitcoin and doubt towards other cryptocurrencies, concurred with his views. Keiser views the centralized nature of XRP as an intrinsic weakness, highlighting significant differences with Bitcoin’s decentralized framework. He also suggested that there might be hidden agendas at play, implying that the individuals behind XRP could be engaged in dubious actions. Additionally, for further context: Cathie Wood Reiterates Her Position: Bitcoin Reigns Supreme in Security. Does Keiser’s Forecast Hold Merit? But does Keiser truly possess a transparent crystal ball? XRP recently underwent a decline in value, mirroring an overall market pullback that was initiated by Bitcoin’s decline following the approval of the Bitcoin ETF. Even after facing an early hurdle, XRP has shown persistence, consistently holding a value near $0.55.