Ripple can be pumped to any level, who knows how high it will go. It is centralized and manipulated and retarded Japanese and Korean "investors" are gobbling whale chode. I speculate it will be the biggest most devastating crash ever when the shit finally hits the fan.

Here is the 2016 case that Ripple makes to banks to use XRP:

https://ripple.com/files/xrp_cost_model_paper.pdf

They have moved on too a new proposal that doesn't even mention XRP:

https://ripple.com/files/ripple_solutions_guide.pdf


Their main site still presents a case for it to be used as a bridge but even acknowledges that XRP is not needed:

https://ripple.com/xrp-portal/



This scam will get the Kill Switch flipped any day now if it comes out that market makers and Ripple have violated this agreement. Enjoy getting REKT.

On May 5, 2015, FinCEN fined Ripple Labs and XRP II US$700,000 for violation of the Bank Secrecy Act,[31] based on the Financial Crimes Enforcement Network's additions to the act in 2013.[51] Ripple Labs agreed to remedial steps to ensure future compliance, which included an agreement to only transact XRP and "Ripple Trade" activity through registered money services businesses (MSB), among other agreements such as enhancing the Ripple Protocol.[31]

Yes. KILL SWITCH. This is not decentralized crypto and has a central point of failure.