XRP functions as a transaction stamp and temporary holding/conversion currency. It's value is expected to rise as the network grows and becomes more useful. Ripple's alleged "premine" makes sense when you view XRP like a stock that is gradually issued as the company grows.
RESISTANCE IS FUTILE, JOIN RIPPLE OR BE ASSIMILATED!
RESISTANCE IS FUTILE, JOIN RIPPLE OR BE ASSIMILATED!
Ripple is just an i.o.u. not even a currency or even trustless why would I you it over bitcoin? wtf....
The point I was making is: if people can use any fiat currency or asset on the ripple network, XRP could become less relevant and doesn't need to have a high marketcap, even if is the only one that doesn't require trust or if it's supposed to work as a bridge currency.