Its value is scaled to BTC which is taking price pullback, and XRP has a billion coins to release per month still to inflate the market cap. The new people wanting to get rich on a cheap coin don't know this stuff which is why they wil be the bag holders this round of the rinse and repeat that is ripple. The XRP and bank thing doesn't even need the coin, the Ripple protocol is used by Banks without the coin. The coin is literally over valued on that whole banks use it basis since its not true but one thing that is true, the XRP company is going to make 2 billion dollars selling 1 billion coins on the market per month on all of you.
You should all be buying XRP after most of the circulation has been released or the price dipped half way in BTC value
If XRP overtakes BTC, the BTC value its self would crash and XRP being scaled off of it would be bottle necked from going much higher in USD value. The Cryptocurrency space would take a giant hit as a result of a centralized coin overtaking BTC, it was the decentralized fundamentals that made this phenomenon work in the first place and we would hardly have made an improvement from the online banking world, only difference is XRP's wouldn't be as readily printable as virtual dollars in a bank account are.