John McAfee Shilling Monero Has XMR Price Flying, But Says XRP Is Not The Future

  • McAfee stabs BTC in the back, says $1 million price prediction was just a “ruse”
  • Riccardo Spagni says, “John has been an avid supporter of Monero for years”
  • McAfee isn’t interested in XRP but its price is still flying

In a U-turn, John McAfee declared his $1 million BTC price prediction by the end of 2020 a “ruse.” McAfee bet his dick on this prediction but only to announce on the weekend that it was just to lure people into the emerging industry.

McAfee has never been planning to go on with this as he replied to one of his followers on Twitter,

“Wake the fuck up. What idiot thinks anyone is going to eat their own dick ever? Especially in TV!! Are you that idiot? God… I hope none of my followers are that stupid.”

Back in August last year, while promoting crypto hardware wallet Bitfi, McAfee said the wallet was unhackable only to be proven false but the bounty promised was never paid. Later he admitted, it was just a marketing stunt.

Stabbing Bitcoin in the Back to Embrace Monero

While the British-American entrepreneur has denounced Bitcoin, he emerged as a Monero shiller.

This has XMR prices surging by 14% to $56.31. Currently, XMR/USD is trading at $55, as per Coincodex.

Mati Greenspan, founder of Quantum Economics said in his daily newsletter,

“Not only did he squelch on his debt he also stabbed bitcoin in the back in the process. Can't say that I'm surprised, old John has been known to talk his book and it seems like Monero is indeed outpacing BTC this morning.”

About this Monero shilling, Riccardo Spagni aka fluffypony, a member of Monero’s core team said,

“John has been an avid supporter of Monero for years. I’m not aware of anyone that’s ever paid him to say anything about Monero. I certainly haven’t.”

Shilling Cryptos

A few years back, it has been found that McAfee charges a whopping $105,000 per tweet to promote cryptos or ICOs. But when the SEC raised questions over the legality of promoting ICOs, McAfee started backing away from promotions.

Back in December 2017, he called verge (XVG), another privacy coin, “the best buy,” resulting in its price doubling overnight.

The tech mogul first went big by investing the computer “anti-virus” software at the time when personal computers became a phenomenon. Then he found his way into Bitcoin mining bout two years back via MGT Capital, a company that was hit with pump and dump scheme.

But XRP isn’t the Big deal

While McAfee has taken to promote the 11th largest cryptocurrency with a market cap of $964 million, he isn’t a believer of XRP.

In response to one of his 1.1 million followers on Twitter’s question, if McAfee’s Bitcoin “ruse” is “Prelude to XRP coming out party,” he said “No”.

The third-largest cryptocurrency meanwhile is enjoying a green day as it jumps to $0.218. XRP has been up 12% in the past 24 hours after Binance launched perpetual contracts with up to 75x leverage.

But this might just be the starting for XRP as experts see it hitting $0.30 in the coming months. According to analyst DonAlt, $0.50 is coming that has him going long on the crypto asset.

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