Xrp Vs Dogecoin

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Xrp Vs Dogecoin

Xrp Vs. Dogecoin: Which One To Buy?

If you want to be a millionaire, should you buy XRP or Dogecoin? That's a pretty common question, given that both of these coins have given massive returns in the past.

As of now, XRP is the 4th largest coin in terms of market cap, while Dogecoin sits at the 9th spot. But one thing that's common in both of these is that they are in a bearish trend and have already lost a big chunk of their market cap.

Dogecoin

Dogecoin has been around for a while and was initially launched as a joke. But today, it is now a utility coin with its own layer 1 blockchain.

One thing that everyone must understand is that Dogecoin moves in line with the broader crypto market. So, if the overall market is bullish, then Dogecoin will also move higher and vice versa.

There are also many Dogecoin ETFs, which clearly show that Dogecoin isn't something that will fade away without a trade. However, the markets now expect smaller and fewer rate cuts from the US Federal Reserve, which is not good news for the overall market.

There are also reports that the team is now working on building an L2 blockchain for Dogecoin. If this happens, it would be a major upgrade for Dogecoin and would also allow the devs to make their own apps on the network.

Xrp

XRP has a pretty strong network and can easily handle up to 1500 transactions every second. This makes XRP the ideal fit for handling international payments.

Also, Ripple bridges the gap between the mainstream financial world and the crypto markets. There's no other coin out there with such a solid real-life use case like the XRP.

Ripply is already working with many banks and financial institutions. On top of that, their solutions can be used to send instant payments across the globe at very low rates.

Recently, Ripply also announced its own stablecoin called RLUSD and has made partnerships with WebBank and MasterCard. Through this arrangement, they plan to conduct settlements on the blockchain between WebBank and Mastercard.

So, as far as XRP is concerned, there's also a lot of positive developments going on! And if the adoption rate increases, it will also reflect in the XRP price.

With all things considered, it is clear XRP is a better option than Dogecoin. Not only does it have a solid use case, but the growing ecosystem and support mean a lot of potential upside for the XRP.

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