Prominent itcoin">Bitcoin">itcoin">Bitcoin proponent Max Keiser, known for lambasting altcoins, took to Twitter to slam XRP">XRP – predicting a steep price decline for the 5th-ranked crypto asset. Keiser labeled XRP “centralized garbage”, forecasting a fall to just $0.01 per token.
His ultra-bearish prediction echoes similarly dire forecasts made about other top altcoins like Solana’s SOL token earlier this year. As a hardcore itcoin">Bitcoin maximalist, Keiser believes most cryptocurrencies pale in comparison to itcoin">Bitcoin and will eventually crash against it and other assets.
Keiser’s latest XRP critique follows similar comments last summer in response to a tweet from Ripple advocate John Deaton. Deaton had commented on itcoin">Bitcoin maximalists and the SEC’s ongoing legal case against Ripple Labs since late 2020 – a case Keiser argues proves XRP’s overcentralization.
While itcoin">Bitcoin remains uniquely decentralized and beyond regulators, Keiser asserts coins like ADA, XRP, and SOL constitute securities – with their founders nothing more than “scammers” in his view. His scorn comes even as XRP developed an 11% price drop this past week, closely tracking itcoin">Bitcoin’s decline.
Though XRP has recovered slightly, Keiser shows no signs of softening his staunch itcoin">Bitcoin maxi rhetoric. He continues tweeting his long-held $220,000 itcoin">Bitcoin price forecast remains “still in play” as crypto markets nurse recent wounds.
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