Peter Brandt, one of the most popular commodity traders, has... crowned XRP as the “leader of the pack” in his recent social media post.

Ripple's cryptocurrency has risen more than 10% in the past 24 hours, outperforming the broader cryptocurrency market. With a market capitalization of $146 billion, the coin maintains the third place in terms of market capitalization after recently surpassing Tether (USDT).

By comparison, Bitcoin (BTC) has remained mostly flat after losing 4% over the past week.

Ethereum (ETH), the leading altcoin, is also displaying rather weak price action, adding only a modest 1%.

BNB, Binance's native token, fell 0.3% over the same time period.

Stellar (XLM) and Cardano (ADA) are the only cryptocurrencies that also posted significant gains over the same time period (7.1% and 9.2%, respectively).

“Fair weather” analyst?

Some social media commentators have taken note of the fact that Brandt has seemingly changed his stance on XRP after being an outspoken hater of the cryptocurrency.

like Reported by U. TodayThe XRP community warned of a multi-year bearish pattern in August.

He also predicted that the token would reach zero against Bitcoin after previously criticizing it "Scam" Back in April 2020.

Brandt to publish XRP's bullish chart pattern in November, sparking some speculation as to whether or not the controversial token has already warmed up.

However, he was quick to clarify that he has no plans to buy any XRP tokens despite its seemingly bullish turn. “I was not a fan of Ripple,” he said at the time. “I noted the obvious on the chart but I do not own and do not plan to own a single XRP.”