Raoul Pal Calls XRP a ‘Moron Trade’ – Why Retail Investors Drive Crypto Price Action

Digital Asset Investor sparked debate after Raoul Pal, a prominent macro investor, labeled XRP as a prime example of the “moron trade” in crypto. This refers to a common behavior among retail investors where they prioritize cheap and recognizable tokens instead of looking at fundamentals. Pal explained how many newcomers gravitate toward cheaper coins like XRP or Dogecoin due to their affordability and familiarity, leading to price surges during bull markets despite lacking strong underlying factors.