Brandt Doubles Down on XRP Skepticism, Would Sell 500K XRP for Bitcoin

Peter Brandt, a veteran trader, has once again expressed his skepticism towards XRP. In an exchange on social media platform X, he stated that if given the opportunity, he would immediately convert a hypothetical holding of 500,000 XRP into Bitcoin.

This is not the first time Brandt has shared his negative views on XRP. He has previously described it as a 'manipulated scam' and compared Ripple's relationship with XRP to the Federal Reserve's relationship with the U.S. dollar.

The comments come as XRP's price falls below $1, trading at $0.9980 with a 57.33% decrease in volume over the past 24 hours.