Both Dogecoin and XRP cryptocurrencies are very different from each other. As the crypto market slowly moves towards a bullish trend, it becomes crucial to know which cryptocurrency is a better bet in January 2023.

At the moment there are more than 20,000 coins and tokens in circulation. With 20-40 new currencies being listed every day. But not every cryptocurrency promises a bright and green future. In this article, we discuss which cryptocurrency is best between Dogecoin and XRP, especially when both coins have demonstrated their potential for significant price growth.

XRP is popularly known as the cryptocurrency of the bankers. While Dogecoin is somewhat the opposite. Starting with a meme trend and reaching new heights, DOGE is meant to be a viable means of payment for everyday retail transactions.

Ripple: Towards the Bull Run

Ripple’s revolutionary technology (XRP) made it a leading provider of crypto solutions for businesses. The coin is currently hovering around $0.4 with a 24-hour trading volume of $1,664,844,090. In the past 7 days, the price of XRP has risen to 9.27%.

Latest bullish updates:

XRP’s bullish behavior drove its price up 50% in the past 30 days. According to the most recent updates of James K. Filan in the ongoing Ripple vs SEC lawsuit, all motions are now fully informed and awaiting the judge’s decision. Source – Coinmarketcap

XRP is an excellent investment option for those buying digital currencies based on a top-down investment approach to diversify their portfolio. And as it is, trading below $0.5, one can have an affordable entry and investment opportunity with higher returns.

Read more: 5 cryptocurrencies heading for a price hike this week

Dogecoin – No more “joke”.

One tweet is enough for Dogecoin to go green. The meme currency pioneer has been around since 2013 but gained popularity in early 2021 when it was chosen by Musk, the crypto advocate.

Dogecoin bullish updates:

A “cash tag” for Dogecoin has been introduced on Twitter, positively impacting the token’s current market value. Network Updates And Plans To Feature DOGE On Robinhood Supported An Optimistic End Of The Week Source – CoinMarketCap

Looking at the recent price increase of Dogecoin, this meme cryptocurrency is expected to attract the attention of many new investors, which bodes well for the price increase in the long run.

Read also: Top 3 most popular crypto services of 2023

CoinGape consists of an experienced team of native content writers and editors who work around the clock to cover global news and present news as fact rather than opinion. CoinGape writers and reporters contributed to this article.

The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication is not responsible for your personal financial loss.

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