Peter Brandt said he has little interest in holding XRP and would immediately convert a large position in the Ripple-linked token into Bitcoin, underscoring a long-running feud with the XRP community. Responding to a challenge on X, Brandt wrote, "Are you kidding me? Who the heck even cares about XRP?" and added, "I do all my betting in futures," referring to derivatives contracts that track an asset's price. He also said, "Who knows if you would even be good for the bet if you lost. And I could care less about owning a half million XRP. I would convert it immediately to BTC." His remarks came as XRP struggled to hold the psychologically important $1 level, trading around $0.9992 and sitting 72.6% below its $3.65 all-time high from July 17, 2025, CoinGecko data showed. The token had recently fallen below $1 for the first time since November 2024 and was briefly worth less than RLUSD, Ripple's stablecoin (token designed to hold a fixed value), which launched in late 2024. Brandt has repeatedly criticized XRP over the years, though he briefly turned constructive in late 2024 during a sharp rally before warning again in March 2025 that a bearish head-and-shoulders pattern could send the token toward $1.07. With XRP back around or below $1, the source suggests Brandt may now feel vindicated.