Still cannot understand why so much people are investing in Ripple. This coin is a centralised garbage, that was created to make its founders rich.
The whole idea is that banks will use XRP for cross border transactions, which means that they will take a lot of XRP out of circulation to facilitate high value transactions in a matter of seconds.
The idea itself isn't all that bad, but so there are hundreds of other ideas that look great on paper but don't lead to anything.... imagine the desperation of those who bought XRP at +$1 thinking it will pump straight to +$100.
Ripple is regulated and has no limited supply, so why the hell it is on the crypto market?
Ripple itself might be regulated, but XRP itself isn't---it's not even clear yet whether it's considered a security or not. As far as supply goes, it seems to be limited, but what if Ripple runs out of XRP to sell? I don't rule out issuance of more XRP.