Crypto buyers face a alternative right this moment between chasing fickle investor sentiment that results in a surge in Dogecoin (DOGE 4.85%) or the regular progress of constructing actual use instances for XRP (XRP -4.26%).
So which of those two is extra more likely to double its value and truly keep there?
Dogecoin would possibly pop first, however can it keep altitude?
At $0.21 per coin and a $31.4 billion market cap as of July 16, a doubling for Dogecoin calls for solely a transfer to $0.42, giving it a market cap of about $60 billion.
That may be a modest absolute change for a token that after sprinted to $0.72 in 2021. The meme coin‘s twin fuels are world liquidity and social media buzz, and each can flare rapidly beneath the fitting situations. In any case, in late 2024 Dogecoin skilled a pointy climb that had many buyers anticipating a repeat of the 2021 run. It did not occur, however the value nonetheless rose by fairly a bit earlier than crashing.
Sentiment has thus been fragile since early 2025. Basically, little has modified beneath the hood. There is not a lot of any growth exercise occurring with the coin, and there’s no purpose to count on that to vary. Dogecoin is not about to realize utility that it did not have earlier than.
Picture supply: Getty Photos.
With out an increasing characteristic set, Dogecoin struggles to anchor new customers when the meme tide recedes. There’s merely no purpose to maintain capital round when there’s most likely a greater horse elsewhere.
Traditionally, every sharp Dogecoin rally is adopted by a near-equal retracement inside weeks, erasing positive aspects and disappointing late entrants. Assuming liquidity loosens all through this 12 months and subsequent 12 months as anticipated, Dogecoin might nonetheless rapidly double, however holding that line for 1 / 4 or extra would require the very utility it lacks.
XRP’s utility engine makes a sustained double far likelier
Right this moment, XRP adjustments fingers for about $3.05 with a $181 billion market cap.
A doubling to $6.10 or so appears to be like heavier than Dogecoin’s process, as it will require a market cap of $610 billion. Nonetheless, XRP brings structural benefits that make the rise extra seemingly.
Ripple, the enterprise that points XRP, unveiled a brand new platform for tokenized U.S. Treasuries on the XRP Ledger (XRPL) alongside upgraded compliance rails aimed squarely at institutional investors. The chain is catering increasingly more to the very wants and needs of these buyers, which is why they’re taken with utilizing it to handle their property on-chain. On that word, real-world asset (RWA) flows onto the XRPL are small right this moment however might quantity to trillions of {dollars} throughout the subsequent decade, as XRPL is positioning itself because the venue of alternative for financial transfers.
In the identical vein, Ripple simply launched a dollar-pegged stablecoin built-in with fiat currency rails in order to simplify cross-border payouts and assist customers keep away from foreign money alternate charges — one of many core functions of the chain. This additionally builds on the rebranded Ripple Funds answer, which lets banks settle transactions with out pre-funding international accounts like they must do in the event that they used slower and costlier legacy applied sciences like SWIFT.
Due to this fact, XRP’s path to a sturdy doubling in worth appears to be like much less like a speculative moonshot and extra like a gentle climb aided by rising money flows, financial institution integrations, and regulatory tailwinds.
The token might not leap to a doubling first — something is feasible with Dogecoin — however the true enterprise exercise backing its value ought to hold gravity from reclaiming the achievement, in contrast to with the meme coin. Thus, buyers searching for greater than fireworks are nearly actually higher off shopping for XRP now and having fun with the compounding impact of actual demand over time slightly than shopping for Dogecoin and hoping for the perfect.
Alex Carchidi has no place in any of the shares talked about. The Motley Idiot has positions in and recommends XRP. The Motley Idiot has a disclosure policy.
