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Crypto: Keiser predicts the fall of Solana and XRP!

Sat 27 Jan 2024 ▪ 3 min of reading ▪ by Fitah
Getting informed Invest

The crypto market is on alert following the shocking forecasts by Max Keiser. This renowned expert indeed predicts the collapse of Solana (SOL) against BTC, and challenges for XRP. These bold predictions are shaking up the markets and raising questions among crypto investors.

Crypto : des jetons de Solana et XRP avec la photo de Max Keiser avec une flèche rouge vers le bas

Solana (SOL) will fall to zero

Max Keiser, a respected name in the crypto space, predicts a catastrophic drop for Solana. Bitcoiners often attack Altcoins, and this time, he foresees SOL collapsing against Bitcoin.

In a tweet he posted earlier today, Keiser indeed called the Solana blockchain a “rug pull, simply meaning “fraud” in the crypto sphere.

He is convinced there is a mathematical certainty that SOL will eventually crash and will trade “virtually at zero against Bitcoin.

On the Solana chart, there is notably a drop of 25% since January 11th, before reaching a low of $78.87. However, the price of SOL has shown an 18% increase over the past 4 days and is currently at $93.17. Against Bitcoin, Solana is valued at 0.0022223 BTC.

Keiser’s previous analyses lend him a certain credibility, and his comments on Solana therefore have a significant impact.

An uncertain future for Ripple’s crypto

In addition to Solana, the analyst has also targeted XRP. He claims that Ripple’s token, like SOL, could lose ground against Bitcoin. In a recent tweet, he stated that the crypto XRP will eventually drop to $0.01, which is a 98% decrease compared to the current price of XRP.

Indeed, Keiser states that Bitcoin is the only decentralized crypto, created by one person: Satoshi Nakamoto, who chose to disappear from the public shortly after BTC’s release. Unlike the altcoins, created by teams of computer engineers, Keiser considers them as “centralized garbage. Moreover, he expresses his support for the SEC in its lawsuit against Ripple.

These predictions, though controversial, remind investors of the necessity for in-depth analysis in their crypto investment decisions.

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Fitah avatar
Fitah

Je suis passionnée par les cryptomonnaies, un monde que j'ai découvert il y a peine 3 ans. Mon seul but est de vous informer de cet univers incroyable à travers mes articles.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.