Which Cryptocurrency Will Double Faster? XRP vs. Dogecoin

So which of these two is more ly to double its price and actually stay there (an important development)

Dogecoin might pop first, but can it maintain altitude

Additionally, The meme coin's twin fuels are global liquidity and social media buzz, and both can flare quickly under the right conditions

It didn't happen, but the price still rose by quite a bit before crashing

Nevertheless, Fundamentally, little has changed under the hood

This analysis suggests that tells us that re isn't much of any development activity happening with the coin, and there is not any reason to expect that to change

Dogecoin isn't to gain utility that it didn't have before

Nevertheless, In contrast, Image source: Getty Images

However, Without an expanding feature set, Dogecoin struggles to anchor new users when the meme tide recedes

There's simply no reason to keep capital around when there's bably a better horse elsewhere

Furthermore, Historically, each sharp Dogecoin rally is ed by a near-equal retracement within weeks, erasing gains and disappointing late entrants

Nevertheless, Assuming liquidity loosens throughout this year and next year as anticipated, Dogecoin could still quickly double, but holding that line for a quarter or more would require the very utility it lacks

Nonetheless, XRP brings structural advantages that make the increase more ly

Ripple, the that issues XRP, unveiled a new platform for tokenized U

Treasuries on the XRP Ledger (XRPL) alongside upgraded compliance rails aimed squarely at institutional investors

The evidence shows chain is catering more and more to the very needs and desires of those investors, which is why they're interested in using it to manage their assets on-chain, in light of current trends

On that note, real-world asset (RWA) flows onto the XRPL are small today but could amount to trillions of dollars during the next decade, as XRPL is positioning itself as the venue of choice for monetary transfers

In the same vein, Ripple just launched a dollar-pegged stablecoin integrated with fiat currency rails so as to simplify cross-border payouts and help users avoid currency exchange fees -- one of the core purposes of the chain (something worth watching), in today's market environment

Furthermore, This also builds on the rebranded Ripple Payments solution, which lets banks settle transactions without pre-funding foreign accounts they would have to do if they used slower and more expensive legacy nologies SWIFT

Additionally, Therefore, XRP's path to a durable doubling in value looks less a speculative moonshot and more a steady climb aided by growing cash flows, bank integrations, and regulatory tailwinds, amid market uncertainty

Additionally, The token may not leap to a doubling first -- anything is possible with Dogecoin -- but the real activity backing its price should keep gravity from reclaiming the achievement, un with the meme coin, in today's financial world

Furthermore, Thus, investors seeking more than fireworks are almost certainly better off buying XRP now and enjoying the compounding effect of real demand over time rather than buying Dogecoin and hoping for the best (something worth watching)

Nevertheless, Alex Carchidi has no position in any of the stocks mentioned (this bears monitoring)

The Motley Fool has positions in and recommends XRP

Nevertheless, The Motley Fool has a disclosure policy, given the current landscape.