The third largest crypto currency in the market, Ripple (XRP) has always been at the center of speculation and rumors in the industry, and some of the recent events have added more fuel to the fire. Peter Brandt, a well-known crypto trader and analyst, commented on Ripple and said that the XRP is a security asset in one of its tweets. He also stressed that the XRP is a glorified version of PayPal.
Peter Brandt: to The XRP is not a crypto currency! A security. Bir
On March 7, 2019, Peter Brandt shared the technical analysis of the XRP:
Gerekiyor Bag owners need to be cautious when managing this asset. Because XRP is not a crypto currency. If Ripple (XRP) falls below the $ 0.2467 level, the owners may have held a bag full of rotten goods. Rip
This interpretation of the analyst caused XRP followers and enthusiasts to be confused because they believed the XRP was not a security. The debate on whether the XRP is a security issue has been going on for a while since the regulatory SEC has not been clarified.
The famous crypto money analyst: bir The XRP is not a religion but a culture. Ünlü
In addition to the explanations above, Peter Brandt said, ’Ripple is a glorified version of PayPal.. He tried to prevent the XRP from bombing his fans. A well-known XRP enthusiast, Tiffany Hayden, answered Peter Brandt's share:
Peter Brandt said the XRP is ’an enormous potential for business disruption eli. Famous crypto currency analyst Peter Brandt added:
The XRP is not a religion, not a culture, so XRP culturalists need to have another perspective. XRP is not a crypto currency either. The XRP is essentially a security. The SEC has a lot of clues about it.
These discussions may only end with the statement of the SEC President
The controversy around XRP and Ripple will cease only after the SEC's President, Jay Clayton, has shown a clear stance on whether the XRP is a security. There is sufficient clarity around Bitcoin (BTC) and Ethereum (ETH), but not on XRP. As you know, SEC officials have previously announced that Bitcoin (BTC) and Ethereum (ETH) are not securities and are currency.
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