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Peter Brandt calls XRP bulls "the most gullible traders I have ever seen."
Senior trader Peter Brandt (Peter Brandt) pointed out that in his 50-year career since 1975, “no group of traders has been more easily lured by bait than XRP and silver longs,” and questioned their continued optimism. This statement has once again sparked discussions within the XRP community about the steadfast beliefs of holders, a conviction that remains unwavering even during the long SEC lawsuit against Ripple. Although XRP surged over 630% from the end of 2024 to July 2025, reaching $3.66, it has since retreated to $1.86. Notably, while Bitcoin and Ethereum funds are experiencing outflows, XRP ETFs have recently seen a weekly net inflow of $64 million.