Ripple vs. Dogecoin: Will DOGE Overtake XRP in 2024?
The question on every crypto investor's mind: Ripple could Dogecoin (DOGE) pass XRP in 2024? The race between these two cryptocurrency giants is heating up, fueled by regulatory developments, market trends, and unwavering community support.
A major factor impacting XRP's performance is the ongoing legal battle between Ripple and the US SEC. The Ripple lawsuit versus the US SEC could be over as soon as this summer, according to one legal expert. That would be the end of an ongoing headwind for XRP and portend a rise in its value. Ripple Labs may be rounding third base in an SEC lawsuit that has kept XRP holders in much suspense since Dec. While the lawsuit has been a significant hurdle, While it has been involved in a multi-year lawsuit with the SEC, XRP has managed to remain one of the biggest projects. A resolution could unlock significant potential for XRP.
However, the meme coin king, Dogecoin (DOGE), isn't sitting still. With a strong community and increasing adoption, Dogecoin (DOGE) and Ripple (XRP) grabbing headlines and investor interest, the crypto sector in 2025 saw great success stories. Some analysts believe DOGE has the momentum to surpass XRP. However, according to some analysts, it could lose its spot to DOGE in terms of market capitalization. Dogecoin (DOGE) could flip it this year.
Looking ahead, XRP faces market pressures but shows signs of recovery, with analysts suggesting it could achieve $1 by the end of 2025. Dogecoin's technical analysis points to potential gains as well. Both coins are showing signs of resilience. Dogecoin and XRP are nowhere close to their 2025 highs but they seem to be entering brief recovery phases before Trump’s inauguration day. Meanwhile, Lunex and other altcoins are also factors influencing overall market dynamics. The future of XRP and DOGE in 2024 is a complex interplay of regulatory news, community sentiment, and technological advancements. Only time will tell if Dogecoin can truly overtake Ripple's XRP.
While XRP had a glorious past, the future remains uncertain. Keep a close eye on market developments and regulatory updates to make informed investment decisions.