Which cryptocurrency, XRP (Ripple) or Dogecoin, is more likely to reach $4 or Dogecoin $0.60 in the year 2025?

Which cryptocurrency, XRP (Ripple) or Dogecoin, is more likely to reach $4 or Dogecoin $0.60 in the year 2025?

Crypto prices have seen a significant boom since Donald Trump's victory in the 2020 election, with XRP and Dogecoin leading the charge. XRP, the world's third-most valuable cryptocurrency, has skyrocketed over 500% to $3.28, while Dogecoin, the seventh-most valuable, has increased 140% to $0.38 (as of Jan. 16). But the question remains, will XRP hit $4 or Dogecoin reach $0.60 by 2025?

Different Dynamics at Play

Both XRP and Dogecoin are poised to benefit from a prolonged crypto bull market. However, XRP has been playing catch-up, not enjoying the same surge in value as Dogecoin during recent crypto booms.

The legal landscape for XRP has been turbulent due to a lawsuit filed by the Securities and Exchange Commission (SEC) against Ripple and its founders in 2020. They accused Ripple of selling XRP as an unregistered security in 2013. The case has been a thorn in XRP's side, potentially setting a precedent for regulators' oversight of cryptocurrencies. A federal judge ruled in XRP's favor in 2023, but the SEC has appealed parts of the decision. With Gary Gensler stepping down as SEC chair upon Trump's presidency, there's hope that the lawsuit will be dropped under new leadership.

XRP could see notable growth once the lawsuit is resolved. Companies have submitted applications to introduce spot XRP exchange-traded funds (ETFs), which, if approved, could substantially boost XRP's adoption. This has been a major catalyst for Bitcoin and Ethereum in the past. Ripple has also introduced its stablecoin, RLUSD, which can be utilized on both the XRP ledger and Ethereum's blockchain. According to Ripple's Senior Vice President of Stablecoins, Jack McDonald, XRP will serve as a bridge asset for RLUSD on the XRP ledger, increasing demand for the token.

Unlike XRP, Dogecoin's catalysts are less clear. While it's possible for ETFs to be filed, it seems less likely for Dogecoin than for XRP. Dogecoin has, however, defied expectations due to its dedicated community, which has demonstrated a strong interest in the token at times, such as when Elon Musk endorses it or when the broader crypto market surges.

Who Will Triumph?

Both XRP and Dogecoin have the potential to outperform their current prices by 2025. They often perform better during crypto booms and struggle during downturns. With many expecting a continued crypto rally in 2025, and potential inflation slowdowns and Treasury yield declines, either token could strongly perform.

However, I believe that XRP is more likely to surpass $4 due to its more obvious bases for growth. If the SEC dismisses the lawsuit and approves spot XRP ETFs, and the XRP ledger continues to be adopted by financial institutions for cross-border payments, XRP will undoubtedly see a significant price increase. Both XRP and Dogecoin will remain volatile, so a smaller, speculative investment in XRP might be more prudent. For now, I'm not interested in Dogecoin.

In the realm of potential investments, the turbulent legal landscape for XRP due to the SEC lawsuit has not deterred companies from applying for spot XRP exchange-traded funds (ETFs), which, if approved, could substantially boost XRP's adoption and increase its value beyond its current price. On the other hand, while Dogecoin's growth is less clear, its dedicated community and the token's defiance of expectations could potentially lead to considerable gains, especially during crypto booms.

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