XRP and Dogecoin have shown impressive results in Grayscale’s latest weekly report, ranking among the top-performing cryptocurrencies.
Grayscale's Top Performers
Grayscale’s report highlighted several standout cryptocurrencies. The top five included: 1. Cardano (ADA): 12.2% weekly gain 2. XRP: 11.9% weekly gain 3. Solana (SOL): 10.5% weekly gain 4. Dogecoin (DOGE): 8.6% weekly gain 5. Avalanche (AVAX): 5.1% weekly gain Other notable mentions included Tron (TRX) at 4.9%, Ethereum (ETH) at 3.6%, Binance Coin (BNB) at 2.6%, Bitcoin (BTC) at 1.3%, and Toncoin (TON) with a negative return of -1.4%.
Factors Driving XRP and Dogecoin's Gains
XRP’s rally is primarily attributed to optimism surrounding the ongoing SEC v. Ripple lawsuit. Market sentiment suggests Ripple could prevail under the SEC’s new crypto-friendly leadership. Ripple CEO Brad Garlinghouse’s comments about the U.S. Congress being more crypto-positive than ever further fueled this bullish outlook. For Dogecoin, growing interest from both retail and institutional investors has been key. A popular analyst predicts DOGE could surpass $20 by the end of 2025, driving heightened accumulation among whales. Notably, whales purchased 300 million DOGE on January 1 alone, signaling strong confidence in the asset’s potential.
Conclusion: Growing Interest in XRP and Dogecoin
Ripple (XRP) and Dogecoin (DOGE) have proven their resilience, capturing investor interest with promising developments and strong weekly performances. Turkish NY Radio will continue to provide updates and insights into these leading assets.
Strong performances by XRP and Dogecoin have sparked substantial investor interest. These cryptocurrencies continue to be among the leading assets in today’s crypto market.
