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this could be your perspective and observations about ripple but yet many still buy into it, companies partners with them and make use of xrp as a payment options, traders still trades it. Let's see how it goes in the near future
Greed supersedes intelligence. All investors care for is short time profit. They hardly think about the core of the coin they investing in. I still remember back in 2017, Ripple was selling at the premium 20-25% in India because there was the rumor that XRP gonna surge triple-fold. While in international market XRP was around $2.5 but in India it was selling for $3.3-3.5 and the buyers were the people who don't even knew what blockchain was. They were buying just believing the words of mouth. This explains all.