XRP Beats DOGE Again: Brief Market Shifts in Crypto World

user avatar

by Giorgi Kostiuk

2 years ago

The competition between XRP and Dogecoin for the sixth spot by market cap has led to an unexpected return of XRP to this position following its recent surge.

XRP's Rise and Impact

The crypto market has seen shifts since the US elections last week. Dogecoin temporarily led the gains due to its ties with Elon Musk and his potential involvement in the Trump administration. However, DOGE has recently decreased by 17% to $0.365. Meanwhile, XRP surged by 100% over the past week, reaching just over $1.1, thus reclaiming its sixth spot by market cap.

Speculations on Future Highs

The Ripple community is actively discussing XRP's recent rise over $1. Experts suggest that the critical resistance level is at $1.28, and overcoming it may signal a move towards new highs at levels $1.96 and nearly $4 in the future.

Potential Market Change Reasons

The success of XRP is attributed to rumors about Gary Gensler stepping down as SEC chairman and meetings of Ripple’s CEO with Trump to discuss future crypto policy in the US. These news led to increased interest in XRP and its rise on the market.

XRP's return to the sixth place by market cap highlights its importance in the crypto market. However, reaching new heights will require overcoming several key resistance levels.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Justin Sun Prize Launched to Transform Scientific Research

chest

The Justin Sun Prize has been established to redefine scientific rewards in the AI era, offering up to $1 million for breakthroughs in fundamental disciplines and machine formal verification.

user avatarKenji Takahashi

bdautomated Releases Verified AI Agent Statistics for 2026

chest

bdautomated releases a comprehensive dataset on AI agent statistics for 2026, tracing 75 widely quoted figures back to their original sources.

user avatarMaria Fernandez

Korea Blockchain Week 2026 Announces Key Sponsors and Speakers

chest

Korea Blockchain Week 2026 has unveiled its partner lineup, featuring major players in the digital asset industry, including Upbit, 0G, BRV, Stable, Tria, and BitGo. The event will take place in Seoul from September 29 to October 1, 2026, and will host key speakers discussing significant shifts in the digital asset industry.

user avatarGustavo Mendoza

Morgan Stanley's Bitcoin Accumulation Boosts Market Confidence

chest

Morgan Stanley has been actively accumulating Bitcoin through the ETF route, amassing approximately 622 million worth of the cryptocurrency this month.

user avatarRajesh Kumar

Microsoft Opens Public Feedback for AI Code of Conduct

chest

Microsoft is inviting public feedback on its draft Code of Conduct for AI models until late October, aiming to refine guidelines before finalizing them for 2027.

user avatarLuis Flores

Microsoft AI Releases Draft Code of Conduct for AI Models

chest

Microsoft AI has published a draft Code of Conduct outlining the expected behavior and limitations of its AI models, inviting public feedback for six weeks.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.