That's kind of what I was thinking when I sold my Digibyte and Dogecoin to buy Ripple. It's still in the top three and it's a lot of bank money in it. Banks don't loose money. Ever. Dogecoin I expect to still play in the crypto arena for some years because it has a great community and support. Not to mention that is fast to transfer and has cheap fees. Other shit coins will definitely be wiped out after 3 or 4 "crashes" like this. Ten years from now we will probably still have only 10% of the coins that are in the market right now. For experienced traders though the shit coins are good pump and dump money.
Agree. I respect Ripple but I don't like at Ripple that one company hold more than 50% of all coins. But they have nice product with real use case and they will continue to be successful for sure.
Where do you think banks get most thier money from? and also, what do you hope to gain from the XRP token that is a bridging currency? You cant "buy" Ripple.