Expert says XRP will crash to $0.01, slams it as ‘centralized garbage’
Despite his previous prognosis of the United States Securities and Exchange Commission (SEC) cutting down Ripple in the years-long legal battle proving wrong, Bitcoin (BTC) expert and outspoken critic Max Keiser has once again slammed XRP and predicted a price downfall. As it happens, Keiser, who had previously attacked the blockchain company, calling its operations a “Ponzi scheme,” this time referred to the XRP token as “ centralized garbage ,” arguing its price will continue to decline until it drops to $0.01, as he said in an X post published on January 19. Indeed, the analyst posted a screenshot of the price of XRP, which stood at $0.530783 and suggested a decline of 4.8% on the day, as well as a 1.1% drop against Bitcoin, according to the data on the cryptocurrency analytics platform CoinGecko at the time of his post. Centralized garbage going to $0.01 pic.twitter.com/mDQ0PPBgWi — Max Keiser (@maxkeiser) January 19, 2024 As it happens, this is far from the first ti...