When Jim Cramer Called XRP a Con
Main Idea
Jim Cramer's past criticism of XRP as a 'con' contrasts with its current price surge, highlighting significant investment gains for those who held the token.
Key Points
1. Jim Cramer dismissed XRP, Solana, and Dogecoin as 'a random group of things' and compared them unfavorably to traditional retail stocks.
2. XRP's price has risen from $0.38 when Cramer criticized it to $3.14, with a recent all-time high of $3.65.
3. An investment of 1,000 XRP at $0.38 would now be worth $3,140, demonstrating substantial returns for long-term holders.
4. XRP's price movement has gained renewed attention due to its contrast with Cramer's earlier negative stance.
5. The article notes sustained interest and growth in XRP, supported by evolving digital asset markets and financial commentary.
Description
In the world of financial commentary, strong opinions are common, but few are as divisive as those from CNBC host Jim Cramer. Known for his outspoken views on stocks and cryptocurrencies, Cramer once dismissed XRP, Solana, and Dogecoin. His specific criticism of XRP came when the token was trading at just $0.38. At the time, he described XRP and the others as “a random group of things that we put up,” and went on to compare them unfavorably to traditional retail stocks, such as Rent the Runway a...
Latest News
- XRP market value begins to stabilize, choose GoldenMining to earn huge assets2025-07-27 12:03:01
- Ripple CEO Unleashes the Signs: XRP Is Here to Replace SWIFT2025-07-27 11:08:48
- XRP Just Witnessed the Largest Bear Trap in History. Here’s What Happened2025-07-27 10:18:49
- Mutuum Finance (MUTM) Is Going Viral, Phase 6 Has Already Hit With 20% Gains While You Scroll2025-07-27 10:05:42
- Expert Says Real XRP Party Will Start Next Time It Breaks This Level2025-07-27 09:13:36