bitcoin Maximalist and crypto Analyst bitcoin/bitcoin-price-rise-to-22000/” rel=”nofollow noopener” target=”_blank”>Max Keizer He recently offered his opinion on what price crypto%20Analyst%20Predicts%20Stunning%20Move,-by%20Scott%20Matherson&text=crypto%20analyst%20Jaydee%20has%20outlined,if%20certain%20factors%20are%20considered.” rel=”nofollow noopener” target=”_blank”>XRP will be traded against bitcoin in the future. His latest comments come just days after he initially labeled the XRP token as “centralized garbage.”
Why XRP is “guaranteed” to go to zero against bitcoin
Once again referring to XRP as a “centralized garbage,” Keizer mentioned in an X (formerly Twitter) mail that the crypto token is “mathematically guaranteed to trade at zero against bitcoin. The analyst seemed to suggest that XRP, unlike bitcoinIt had no solid foundations and would soon lose its value.
Meanwhile, he referred to bitcoin as “perfect money,” which was “perfectly decentralized” and “sent by God” to save the financial system. Keizer, in a previous post, had also predicted that XRP would decline to $0.01. These statements are just part of a series of negative comments that the bitcoin defender has made against XRP.
In other x publicationKeizer stated that the crypto/sec-announcement-crypto/#:~:text=What%20The%20SEC’s%20Latest%20Announcement%20Means%20For%20The%20Crypto%20Industry,-by%20Scott%20Matherson&text=A%20recent%20announcement%20by%20the,actions%20have%20had%20on%20it.” rel=”nofollow noopener” target=”_blank”>National stock market Commission (SEC) wants “XRP dead for obvious reasons.” According to him, “the risk of owning this (XRP) versus the reward should not attract any capital at all.” Furthermore, he commented that winning the lottery offered better odds than owning the crypto token.
From his comments, it was obviously clear that he was trying to degrade the value of XRP and defend bitcoin as the “the only truly decentralized product.” However, it is unclear why their attention is so focused on XRP, considering that the crypto token does not exactly pose a threat to bitcoin.
A plausible reason could be that XRP has sometimes been projected to be the token that disrupts the global financial landscape. Ripple CEO Brad Garlinghouse had even once suggested that XRP could become the next bitcoin if it could pull it off. Keizer will no doubt disagree.
Token price at $0.51 | Source: XRPUSD on Tradingview.com
Is XRP Suffering From Garlinghouse's Actions?
Some members of the crypto community will no doubt agree that the recent backlash XRP has received seems like poetic justice for Brad Garlinghouse behavior. The Ripple CEO had also attempted to place another crypto token (DOGE) when compared it to the Zimbabwe dollar.
Garlinghouse also suggested, during a roundtable at the World Economic Forum (WEF), that the meme currency was worthless because it provided no real-life utility. Following his comparison of DOGE to the Zimbabwe dollar, Ripple's CEO was heavily criticized, with one X user in particular stating that he was not meant to make such comments considering The stagnant price of XRP.
Although Ripple has mentioned that XRP should be referred to as its currency, the crypto token remains closely associated with the crypto company. Ripple is also known to use XRP to facilitate its Ripple payment service.
Featured image from The Daily Hodl, chart from Tradingview.com
