As XRP recovered to the $3 mark today, widely followed trader Crashius Clay doubled down on his long-standing bearish outlook.
In a post on X, Clay declared that XRP will be one of the easiest and most fundamentally sound short opportunities of this cycle, and possibly in the “history of humanity.”
He argued that this current bull run is XRP’s last and that no future cycles will bring the token back to relevance.
Clay pointed to the growing dominance of stablecoins and central bank digital currencies (CBDCs) in global payments as a major reason for XRP’s fading use case. According to him, every major alternative is being positioned for bank transfers and cross-border settlements, potentially leaving XRP behind.
“No Future Cycle for XRP”
Meanwhile, Clay’s warning went beyond short-term price action. He suggested that XRP’s core narrative of becoming the backbone for cross-border payments is unraveling.
This view is further supported by SWIFT’s announcement of a new blockchain-based shared ledger, backed by major banks such as JPMorgan and HSBC. It aims to modernize cross-border payments with real-time transaction logs and smart contracts.
This move challenges Ripple’s long-held claim that XRP would replace SWIFT, further weakening its position, according to critics.
Clay believes that once the market realizes institutions are favoring other solutions, “all hope will be lost” for the token.
In his words, investors risk “being left holding the bag” if they continue to trust XRP’s long-term vision. Instead, he encouraged traders to pursue more “fundamentally sound and logical plays” elsewhere in the market.
History of XRP Shorts
This is not the first time Clay has bet against XRP. Earlier this year, he disclosed $1 million in short positions that netted him over $800,000 in profit after XRP slumped from multi-year highs.
In April, he went as far as to call XRP “a disguised meme coin,” branding it “one of the most obvious and easiest shorts” of his trading career. Back in March, he also predicted that XRP would “crash harder than any coin in the top 50.”
Should You Short XRP Right Now?
While Clay and other skeptics argue that XRP remains massively overvalued, the XRP Army continues to defend its potential.
Many retail investors point to Ripple’s partnerships and institutional adoption as reasons to stay bullish, even as critics claim those fundamentals have failed to meaningfully drive value.
As XRP sits around $3, the debate is intensifying between bulls expecting new highs and traders like Clay who believe the coin is on borrowed time.
Notably, in this latest bearish statement, Clay said he is not shorting XRP as the coin is currently on a bullish run. He acknowledged that shorting the coin right now would be a mistake. “The next time I short XRP, I will let you know,” he said.
No not worth shorting right now
I think that everything is gonna do solid, even bad coins will be fine for now imo
— Crash (@CrashiusClay69) October 3, 2025
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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