KEY TAKEAWAYS
- CNBC labeled XRP the “hottest crypto trade” of the year, sparking a disagreement.
- Detractors questioned the claim by pointing to XRP’s 2025 performance.
- Despite recent gains and heightened attention, XRP is facing short-term price correction.
CNBC recently declared XRP the “hottest crypto trade” of the year. While XRP supporters have commended the declaration, some members of the crypto community on X have disagreed with the statement, generating divergent views on the matter.
Watcher Guru shared a section of the Power Launch program on X, in which the anchor made the statement, saying XRP, not Bitcoin or Ethereum, is the hottest crypto trade of the year. The anchor also claimed that XRP has gained 20% this year, which makes it the best-performing of the top crypto assets.
X Divided over CNBC Statement
The crypto market began to recover from last year’s downtrend a few days ago, led by Bitcoin, but some top altcoins have outperformed it in the process. XRP is one of these altcoins, only second to Dogecoin by price gains in the last seven days. Indeed, the token has gained over 20% this year, but many don’t agree that it is the “hottest crypto trade” of the year.
Data reveals that the token started 2025 at $2.33 and closed the year at $1.84, recording a 21% loss. Therefore, it may be too soon to say that XRP is the hottest trade of the year, but that is by the way for some X users. Some believe that XRP is not a trustworthy token and should not be spoken about on a major TV network like CNBC.
Some have also accused big XRP holders of building exit liquidity by sponsoring CNBC to make such a claim. This means big whales may be planning to dump the token and are only getting CNBC to talk about it to get more buyers right before they sell to them. As expected, the “XRP Army” has fired back at critics of the statement.
This group of supporters has held XRP through the years with a diehard attitude that is willing to go the whole way, believing the token will one day hit $589. A troll recently shared a transaction memo aimed at taunting them and also passing a subtle message about Ripple’s escrow policy when 500 million XRP was locked in the account.
XRP Continues Correction Despite Hype
XRP was among the top gainers in crypto in the last two days, but since the correction began, it has been retracing and is currently the biggest loser with -6.27% in the last 24 hours.
It is just the seventh day in 2026, and though the token began the year strong, it remains to be seen what becomes of it as the year progresses and ultimately by the end of the year.
More Must-Reads:
How do you rate this article?
Subscribe to our YouTube channel for crypto market insights and educational videos.
Join our Socials
Briefly, clearly and without noise – get the most important crypto news and market insights first.
Most Read Today
Peter Schiff Warns of a U.S. Dollar Collapse Far Worse Than 2008
2Samsung crushes Apple with over 700 million more smartphones shipped in a decade
3Dubai Insurance Launches Crypto Wallet for Premium Payments & Claims
4XRP Whales Buy The Dip While Price Goes Nowhere
5Luxury Meets Hash Power: This $40K Watch Actually Mines Bitcoin
Latest
Most Read Today
MOST ENGAGING
Also read
Similar stories you might like.