Thanks for sharing your thoughts with us. I don't think it's overvalued because to me it has a good potential of growth because of its mission and purpose:
the ability of making global transactions much more faster and cheaper.
Wasn't that one of the purposes of Bitcoin?
I know XRP is faster and cheaper, but if we are comparing the "mission and purpose" it's very similar.
The main difference is that XRP is really faster, but it's also not meant to be a currency, rather a fast payment system that can improve the existing banking sector, while BTC doesn't aim to help the banking sector. It's meant to show people they can do without banking.
Fun fact: Do you know that there's 100 billion XRP and half of it in the hands of the creators? The centralization and and dev greed gauges are off the scale with this one.
I totally agree with you! Most investors all doubt about how they can own and control Ripple. I see its price in stock market is more around 1USD, may this thing tells all everything