Dogecoin, XRP and other cryptos have not been stopped from moving forward despite the uncertainty. The entry of XRP was one of the biggest developments. The top 10 cryptocurrency list includes Toncoin. Cardano’s (ADA) market cap and dethrone it. Dogecoin is now ready to flip its own coin, aiming for XRP spot On the list
Dogecoin is preparing to take over XRP
Dogecoin is performing well in a period when the cryptocurrency market remains undecisive. Although there have been moments when the price dropped, it managed to recover $0.2, though the bulk of the bearish resistance has mounted here.
Nevertheless, Dogecoin is able to retain most of its gains Since March, its market capital has increased rapidly. The meme coin market cap is now above $28,6 billion. It was less than $15 billion when the year 2024 began. This puts it dangerously near the market capital of XRP.
XRP has a market capitalization of $33.9 billion at the time this article was written, largely due to the price decline over the past week. The market cap for XRP now stands at $33.9 billion, due to the decline in its price over the last week.
If Dogecoin performs well, then this is a good sign. XRP is not able to maintain its current levelIt could lose its sixth place on the list easily to DOGE. The increase of 20% in the Price of DOGE To $0.24, its market capitalization would be above $34 billion and it would surpass XRP. If XRP continues to drop, the difference could narrow over the coming week.
The price of DOGE is expected to explode
Dogecoin has one of the largest crypto-communities, some even arguing that it is stronger than XRP. DOGE’s Due to the outperformance of its meme coin in previous years, it has gained a stronger support base. The rapid adoption and the strong support base are the two most important factors for a bright future of meme coins.
Many predictions have been made about the price of DOGE in the future. Some going up to $100. According to Crypto Analyst Ali Martinez Dogecoin is a good investment in the current bull market.. Martinez’s analysis reveals that there are multiple price targets with $12 being the highest.
If they are achieved, these targets will be reached. Doge market capitalization rises rapidlyXRP is currently in 6th place and Dogecoin 8th, behind stablecoin USDC. If XRP does not make some similarly bullish moves it may soon fall to DOGE’s position on the market capitalization list. For now, XRP is in the 6th place and Dogecoin 8th behind USDC stablecoin.
DOGE price recovers from dip | Source: DOGEUSDT on Tradingview.com Chart from Tradingview.com, image from FinanceBuzz
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