Has XRP\'s fortune turned? It has been over a month since CNBC Mad Money host Jim Cramer bashed XRP as a “giant con,” predicting that it would experience further drops and eventually get to zero. Cramer stated that XRP would and according to Cramer, XRP, Dogecoin (DOGE) and Solana (SOL) are all cons. The financial journalist believes that CNBC should not follow crypto prices, taking a dig at XRP. But did his criticism actually backfire?
XRP Sentiment Sees Unexpected Boost After Cramer\'s "Giant Con" Call
CNBC host Jim Cramer called Ripple’s native token XRP a “giant con” and predicted that the crypto would crash to 0. However, the data tells a different story. After the day Cramer called XRP a “giant con,” the token’s investor sentiment experienced a significant improvement. On-chain and metrics firm Santiment Feed noted a shift, indicating increased optimism among XRP holders despite Cramer\'s harsh words.
Was Cramer Wrong About XRP?
Jim Cramer, American TV personality and host of CNBC’s Mad Money show, has reiterated his resentment towards cryptocurrencies, especially XRP, recently calling the digital asset a “giant con”. While Cramer\'s pronouncements often send ripples through the market, this instance seems to have had the opposite effect. The reasons behind this shift in sentiment are varied, including ongoing legal battles surrounding Ripple and speculation about potential regulatory clarity. However, the fact remains that XRP\'s resilience is notable in the face of such negative commentary.