Another move from XPR founders, I cannot stand such things. People do not even get that XRP is a centralised asset that is regulated and manipulated. Stay away from such coins and invest into altcoins that could deliver decentralised future.
It's not even a centralized coin but the fact that ripple has become a quick rich scheme. After received multi billion worth of ripple and JED was retired from ripple company and this a real proof. People are still believing in the future of this crap coin. more than 50% of total supply still owned by the team and i believe that unlocked coins will be going to the market again.
No product and this company only has a scalable blockchain which can be used to create a fast tx only.
This company is an overrated company and the valuation of ripple doesn't make sense compared with what has already created.