Peter Brandt Slams XRP Holders as ’Most Uneducated Perma Bulls’ in Crypto

Veteran trader Peter Brandt just lobbed a grenade into the XRP community—calling its holders the 'most uneducated perma bulls' in digital assets. The comment cuts through the typical crypto hype with brutal trader pragmatism.

Blind Faith vs. Market Reality

Brandt's jab highlights a persistent divide. On one side, die-hard XRP supporters champion its institutional use-case for cross-border payments. On the other, skeptics see a token perpetually weighed down by regulatory overhang and underperformance against major peers like Bitcoin and Ethereum.

The 'Perma Bull' Mindset

This isn't just about one asset. It's a finance-wide phenomenon—investors clinging to a narrative long after the charts scream otherwise. In crypto, that devotion often borders on religious fervor, bypassing traditional analysis for community dogma. It's the kind of loyalty that would make a hedge fund manager chuckle into their overpriced coffee.

While true believers hold the line, the broader market moves on, chasing the next narrative or technological breakthrough. Sometimes the most expensive education in crypto isn't a trading course—it's refusing to sell.

Veteran trader Peter Brandt has described XRP holders as among the most ignorant perma bulls in the financial space. Specifically, Brandt argued that among all the markets he has traded over the past five decades, the most “uneducated” and biased permabulls he has encountered are those backing silver and XRP.

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