$XRP Remains a Question Mark for Peter Brandt
Veteran trader Peter Brandt remains skeptical about the investment potential of $XRP, despite its growing institutional partnerships and utility.
In an interview, Brandt questioned what happens to $XRP's supply over time, saying 'there's things we don't know about $XRP.'
He argues that transactional usefulness doesn't automatically translate into investment value, comparing $XRP to the US dollar, which is used for transactions worldwide but not bought as a speculative investment.
'Just because something is transactional, that doesn't mean automatically that it must be more valuable,' Brandt said.