Dogecoin (DOGE) and Ripple (XRP): Which Makes Better Investing?

#Dogecoin and #Ripple have long struggled for market cap rankings. #DOGE seems to have lost the war.

It can be stated that the issue of adoption in the crypto money ecosystem is not in a plan. While the adoption and use of Bitcoin is increasing day by day, it is seen that there are different adoption approaches in cryptocurrencies such as Dogecoin ( #DOGE) and Ripple ( #XRP).

So, how do DOGE and XRP move between these differences, are these cryptocurrencies worth investing in?

✅The most popular meme-coin of the market, created as a joke by its founders in 2013, is actually one of the oldest cryptocurrencies on the market. However , DOGE, which left aside its feature of being a joke coin in the current year , gained 8% in value last week. In fact, the annual ROI of the altcoin unit reached an impressive 6.388% at the time of writing.

At this point, as everyone who follows the crypto money ecosystem is aware, Dogecoin actually experienced a legendary increase thanks to #Elon #Musk , who declared himself as the “ #Dogefather” . However, the influence of social media and popular names quickly disappeared, and the record-breaking DOGE price with $ 0.73 fell to $ 0.15 in the recent declines.

In addition, DOGE 's development activity picked up speed in the first few weeks of June, but has since been on the decline. It is also thought that the long-term use cases of Dogecoin should be considered before investments.

✅XRP Volume Increases
The fact that XRP has experienced an increase of approximately 20% in the last week after being correlated between $ 0.5 and $ 0.7 for a long time pleased investors. However, the volume of XRP has also increased in a row lately. In addition, XRP development activities seem to have gained momentum recently.

Although it has been in a legal fight with the US Securities and Exchange Commission for about 7 months, it is a remarkable detail that Ripple does not interrupt its development steps and continues its progress.

At this point , the increasing use cases of the Ripple network and XRP token is another factor to consider.

🔥Therefore, looking at all these data, it can be stated that investing in XRP makes more sense than investing in Dogecoin . In addition, it should be kept in mind that there has been a great increase in criticism against joke coins in the crypto money ecosystem, but the interest in the field of international payments is increasing.

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