Jim Cramer Mocks ‘Time to Dump Crypto’ Narrative, Defends Long-Term Support

2024-11-27 03:40:15

Abstract generation in progress

On Tuesday, CNBC’s Mad Money host Jim Cramer shared on X: “I always find it hilarious when I read ‘time to dump crypto’ when I have owned and backed crypto since Thestreet.com days. Remember that?” As co-founder of the financial website, Cramer was an early observer of the financial landscape, including emerging digital assets. However, his history with crypto has been far from linear. While he praised BTC and ethereum during the 2021 bull market, he advised investors to sell during the downturn in late 2022, citing concerns over market instability. His critics often point to such shifts, fueling the “Inverse Cramer” meme. Despite this, his latest comment underscores his claim of consistent support for crypto’s potential.

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