I think the main reason why people is still buying xrp is because they know that XRP will win the lawsuit against the SEC and they see a very huge opportunity that XRP will do to their lives.
Not only that, but this XRP token has also been in a good position in the crypto rankings before it ran into trouble with the SEC, so it's not just for the reasons you say, but there are also a few other reasons it could get people starting to believe in XRP again at this point.
If XRP win this lawsuit or find it's way to settle this issue with SEC the chance that investors once again will place their money and
ride with this coin.
Though most already learned from their experienced, they are well aware that any moment this coin can be dumped. It's nature
that once investors or traders already reached their targets, dumping and taking their profits mostly the wise action.
Got to have a good risk management system when you deal with this coin.