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Topic: DOGE or XRP (Read 808 times)

jr. member
Activity: 70
Merit: 1
Today at 03:22:42 AM
#75
Hello Community

I want some suggestion to invest in DOGE coin or XRP coin. I personally prefer DOGE coins. But I don't know how strong and active is the Dogecoin community currently? And How is Dogecoin being used in real-world transactions or by businesses?

My second choice is Ripple (XRP). But I want to know more details about it and then take a decision. What are some notable companies or institutions currently using RippleNet and XRP for their operations

Thank you.


If we base the liquidity that the two have, you can see in the picture below that the liquidity of XRP is higher compared to Dogecoin. Although they both have great liquidity.
So the choice really depends on you.





Now, if you ask me, I think the profit that can be obtained from Dogecoin is bigger than Ripple because it is cheaper than XRP, but this is just my opinion. I'm just not sure if the others here who are with us will agree with me.

Do you think that the use cases of each one of them would be needed to be considered?
Sure, DOGE has been there for a long time, but XRP can be used in so much more than a simple exchange. Some things even can be bought with XRP directly, as far as I know Grin
I would say that it needs to be considered in terms of what potential each coin holds.
full member
Activity: 868
Merit: 108
Today at 02:38:28 AM
#74
Hello Community

I want some suggestion to invest in DOGE coin or XRP coin. I personally prefer DOGE coins. But I don't know how strong and active is the Dogecoin community currently? And How is Dogecoin being used in real-world transactions or by businesses?

My second choice is Ripple (XRP). But I want to know more details about it and then take a decision. What are some notable companies or institutions currently using RippleNet and XRP for their operations

Thank you.


If we base the liquidity that the two have, you can see in the picture below that the liquidity of XRP is higher compared to Dogecoin. Although they both have great liquidity.
So the choice really depends on you.





Now, if you ask me, I think the profit that can be obtained from Dogecoin is bigger than Ripple because it is cheaper than XRP, but this is just my opinion. I'm just not sure if the others here who are with us will agree with me.
jr. member
Activity: 70
Merit: 1
Today at 02:13:22 AM
#73

Yes, we don't need to be difficult to choose one of them if we can take both of them, why not, the narrative of the actors is not dead and continues to grow and doge coins are the first biggest meme assets of this day and it will make us believe that doge coins are still related to Elon Musk And making the coins still interesting, the two XRPs have finished the problem with the SEC and with the many problems they have finished but they still survive above, it indicates that this project is more fundamental, so both are worthy of buying, it's just that this returns to each each in deciding purchases and conducting research in depth.

Honestly, I agree. It seems the government of the United States and the SEC will aloe the ecosystem of XRP to grow even further and reach more people and increase the capitalization of the coin overall. Today I even saw some news about the incoming Stablecoin running on the XRP getting listed on Coinbase, it is going to be how adoption of that new Stablecoin develops through time, keeping in mind XRP has one of the most efficient Blockchains (at least when compared to the classical coins from some years ago).

About Dogecoin, still worth keeping an eye on it. From time to time there will be green days for it (and also Shiba Inu), if there was something to to change in Dogecoin, I would make it to have a limited supply, instead of unlimited one as it already is.

RLUSD was its name, I believe. And I think it will have a bit of an effect for the XRP just due to the hype of the news presented Grin Many people have different opinions on it and on XRP overall.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
September 29, 2024, 10:04:44 PM
#72

Yes, we don't need to be difficult to choose one of them if we can take both of them, why not, the narrative of the actors is not dead and continues to grow and doge coins are the first biggest meme assets of this day and it will make us believe that doge coins are still related to Elon Musk And making the coins still interesting, the two XRPs have finished the problem with the SEC and with the many problems they have finished but they still survive above, it indicates that this project is more fundamental, so both are worthy of buying, it's just that this returns to each each in deciding purchases and conducting research in depth.

Honestly, I agree. It seems the government of the United States and the SEC will aloe the ecosystem of XRP to grow even further and reach more people and increase the capitalization of the coin overall. Today I even saw some news about the incoming Stablecoin running on the XRP getting listed on Coinbase, it is going to be how adoption of that new Stablecoin develops through time, keeping in mind XRP has one of the most efficient Blockchains (at least when compared to the classical coins from some years ago).

About Dogecoin, still worth keeping an eye on it. From time to time there will be green days for it (and also Shiba Inu), if there was something to to change in Dogecoin, I would make it to have a limited supply, instead of unlimited one as it already is.
hero member
Activity: 700
Merit: 577
Eloncoin.org - Mars, here we come!
September 29, 2024, 03:37:23 PM
#71
Dogecoin is an old coins and it is not doing bad in the cryptocurrency market so I will also advise you to invest in Dogecoin and not in XRP only if you are interested in investing in altcoins then I choose Dogecoin but if you are investing in cryptocurrency, I advise your invest and take bitcoin as your first priority of investment. And when you have taken bitcoin as your first investment then you can choose another coin or project to invest. But you to make your personal choice and the project your preferred most with the Market value. If you know that the coin you like can give the profit you want at the short period of time or at the long term investment then you can invest on that.

But always remember the risk of them. Your decision is your choice. Good luck.
hero member
Activity: 1400
Merit: 674
September 29, 2024, 02:48:41 PM
#70
It is difficult to make a choice between DOGE or XRP because they are very different both in fundamental aspects or community support. However, if you want to have enough money, maybe you can buy both to get a profit. All decisions are in your hands. What you need to pay attention to is never get caught up in FUD and FOMO in investing.

It is not actually much of a hard choice, it mostly depends one as investor is more interested in playing with a memecoin and the hype of their community or one is more comfortable with an alternative currency which is actually trying to gain relevance as an advanced form of "decentralized" payment processing platform.
It would be wiser to compare XRP with XLM, which actually compete in the same market of using their technology to become institutional. Or We could even compare Shiba Inu with Dogecoin, because both are almost basically the same, memecoins driven by the hype of their community.

If it depended on me, I would diversify between both of them, relocating capital mostly in XRP and especulate before swapping it all for Bitcoin. But that is a very personal decision.

Yes, we don't need to be difficult to choose one of them if we can take both of them, why not, the narrative of the actors is not dead and continues to grow and doge coins are the first biggest meme assets of this day and it will make us believe that doge coins are still related to Elon Musk And making the coins still interesting, the two XRPs have finished the problem with the SEC and with the many problems they have finished but they still survive above, it indicates that this project is more fundamental, so both are worthy of buying, it's just that this returns to each each in deciding purchases and conducting research in depth.
jr. member
Activity: 70
Merit: 1
September 29, 2024, 12:54:23 PM
#69
It is difficult to make a choice between DOGE or XRP because they are very different both in fundamental aspects or community support. However, if you want to have enough money, maybe you can buy both to get a profit. All decisions are in your hands. What you need to pay attention to is never get caught up in FUD and FOMO in investing.

It is not actually much of a hard choice, it mostly depends one as investor is more interested in playing with a memecoin and the hype of their community or one is more comfortable with an alternative currency which is actually trying to gain relevance as an advanced form of "decentralized" payment processing platform.
It would be wiser to compare XRP with XLM, which actually compete in the same market of using their technology to become institutional. Or We could even compare Shiba Inu with Dogecoin, because both are almost basically the same, memecoins driven by the hype of their community.

If it depended on me, I would diversify between both of them, relocating capital mostly in XRP and especulate before swapping it all for Bitcoin. But that is a very personal decision.

Totally agree.
I would choose the coin with at least some use cases all day other than the meme, even if we are talking about short-term investment.
That's just the voice of reason, though, everybody decides for themselves Grin
Other than that, diversification is really important. I would just put my funds into something different than DOGE, XLM, for example.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
September 29, 2024, 12:30:00 PM
#68
It is difficult to make a choice between DOGE or XRP because they are very different both in fundamental aspects or community support. However, if you want to have enough money, maybe you can buy both to get a profit. All decisions are in your hands. What you need to pay attention to is never get caught up in FUD and FOMO in investing.

It is not actually much of a hard choice, it mostly depends one as investor is more interested in playing with a memecoin and the hype of their community or one is more comfortable with an alternative currency which is actually trying to gain relevance as an advanced form of "decentralized" payment processing platform.
It would be wiser to compare XRP with XLM, which actually compete in the same market of using their technology to become institutional. Or We could even compare Shiba Inu with Dogecoin, because both are almost basically the same, memecoins driven by the hype of their community.

If it depended on me, I would diversify between both of them, relocating capital mostly in XRP and especulate before swapping it all for Bitcoin. But that is a very personal decision.
legendary
Activity: 2940
Merit: 1090
September 28, 2024, 02:25:41 PM
#67

So i want to say that,

based on the above discussion, I have ruled out XRP. I will not invest in XRP coin. But can you suggest some good alt coins to invest in? You may ask why I am not investing in Bitcoin Why should I invest in alt coins

I want to invest in alt coin because I have some investments in Bitcoin. So I want to invest in different coins rather than limiting my investment to just one coin. So suggest me some alt coins.



I don't know on what basis you picked XRP (Ripple Ripples) initially, but do the differences between XRP and its sibling XLM (Stellar Lumens) make the latter a potential candidate or, rather, do its similarities leave it as a reject for the same reasons as XRP?


-MarkM-
sr. member
Activity: 789
Merit: 243
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 28, 2024, 01:48:50 PM
#66
It is difficult to make a choice between DOGE or XRP because they are very different both in fundamental aspects or community support. However, if you want to have enough money, maybe you can buy both to get a profit. All decisions are in your hands. What you need to pay attention to is never get caught up in FUD and FOMO in investing.
copper member
Activity: 56
Merit: 1
July 24, 2024, 05:15:16 AM
#65
Yes, totally. But even then, there are bigger possibilities and less risk going with DOGE out of these two.

Besides that, Dogecoin has Elon Musk's backing. This guy is the richest man in the world, so odds of DOGE "pumping" all the way to Mars are high. Especially when he can manipulate the market to his favor. Would you imagine Elon Musk integrating DOGE into X (formerly known as Twitter) like he promised? "Hodlers" will profit like crazy.

As for XRP, I don't see it going anywhere. It lacks real use cases, besides the fact that it's utterly-centralized. The pre-mine alone is a huge deal-breaker for me. What's stopping Ripple (the company) from dumping pre-mined XRP tokens on the market? It will cause a severe "bloodbath" in XRP's market price. The risk of holding XRP is much higher than DOGE. Hopefully, the OP takes the right decision before it's too late. Smiley

You are on the money here! The idea of integrating the DOGE into X (formerly Twitter) is crazy interesting, though, didn't hear about it.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
July 23, 2024, 08:40:04 PM
#64
Yes, totally. But even then, there are bigger possibilities and less risk going with DOGE out of these two.

Besides that, Dogecoin has Elon Musk's backing. This guy is the richest man in the world, so odds of DOGE "pumping" all the way to Mars are high. Especially when he can manipulate the market to his favor. Would you imagine Elon Musk integrating DOGE into X (formerly known as Twitter) like he promised? "Hodlers" will profit like crazy.

As for XRP, I don't see it going anywhere. It lacks real use cases, besides the fact that it's utterly-centralized. The pre-mine alone is a huge deal-breaker for me. What's stopping Ripple (the company) from dumping pre-mined XRP tokens on the market? It will cause a severe "bloodbath" in XRP's market price. The risk of holding XRP is much higher than DOGE. Hopefully, the OP takes the right decision before it's too late. Smiley
copper member
Activity: 56
Merit: 1
July 23, 2024, 05:20:11 AM
#63
DOGE
Traders are ramping up their positions on Dogecoin as its price "breaks out," reaching its highest monthly level on July 20. However, not all are convinced that the bullish pattern is confirmed. However, technical analysis is difficult to apply to Memecoins as their value is speculative. If this pattern were to repeat, Dogecoin price would reach a new all-time high in April 2025.

XRP
XRP has surged 35% this week and some traders are anticipating a breakout moment, pointing to a long-term trend and feeling excitement after price gain.

“With XRP making an emergence this week, bullish narratives have erupted."

CONCLUSION:

If you are doing swing trade then you can buy dogecoin, if you are thinking for a long term Ripple is more ahead than Doge in my perspective.

Not a financial advice #DYOR.

Agree. I did hold Doge at one point but sold it once I doubled my money.

I am holding XRP for the long term until the 2028/29 bull run at least and that is when I believe it will be $20+.

That's such a big period, though. I hope your investment pays off and you will reap such a long-term boon for yourself! I never would be able to see some coins in my portfolio waiting for their time, but your patience is commendable if that's how it's going to go for real.

I am selling all of my altcoins this bull run over the next 12 months but Bitcoin and XRP I am holding till 2028/29 bull run.

I think Bitcoin will be $300k + and XRP $20+ in the next bull run so for me 4-5 years is not that long to wait for an investment that can return such amounts. So your plan will succeed Wink

I am 34 and the goal is to be semi retired by 2030. It is not definite but this is what cryptocurrency gives you that the normal working life doesn't, a chance.

Sounds like a bullish plan! I wish you well, as I do think BTC will get there eventually, and that's the chance we all have with so many ways and possibilities to get wiser, richer and better with crypto.
member
Activity: 770
Merit: 30
July 23, 2024, 05:06:12 AM
#62
DOGE
Traders are ramping up their positions on Dogecoin as its price "breaks out," reaching its highest monthly level on July 20. However, not all are convinced that the bullish pattern is confirmed. However, technical analysis is difficult to apply to Memecoins as their value is speculative. If this pattern were to repeat, Dogecoin price would reach a new all-time high in April 2025.

XRP
XRP has surged 35% this week and some traders are anticipating a breakout moment, pointing to a long-term trend and feeling excitement after price gain.

“With XRP making an emergence this week, bullish narratives have erupted."

CONCLUSION:

If you are doing swing trade then you can buy dogecoin, if you are thinking for a long term Ripple is more ahead than Doge in my perspective.

Not a financial advice #DYOR.

Agree. I did hold Doge at one point but sold it once I doubled my money.

I am holding XRP for the long term until the 2028/29 bull run at least and that is when I believe it will be $20+.

That's such a big period, though. I hope your investment pays off and you will reap such a long-term boon for yourself! I never would be able to see some coins in my portfolio waiting for their time, but your patience is commendable if that's how it's going to go for real.

I am selling all of my altcoins this bull run over the next 12 months but Bitcoin and XRP I am holding till 2028/29 bull run.

I think Bitcoin will be $300k + and XRP $20+ in the next bull run so for me 4-5 years is not that long to wait for an investment that can return such amounts.

I am 34 and the goal is to be semi retired by 2030. It is not definite but this is what cryptocurrency gives you that the normal working life doesn't, a chance.
copper member
Activity: 56
Merit: 1
July 23, 2024, 05:02:44 AM
#61
DOGE
Traders are ramping up their positions on Dogecoin as its price "breaks out," reaching its highest monthly level on July 20. However, not all are convinced that the bullish pattern is confirmed. However, technical analysis is difficult to apply to Memecoins as their value is speculative. If this pattern were to repeat, Dogecoin price would reach a new all-time high in April 2025.

XRP
XRP has surged 35% this week and some traders are anticipating a breakout moment, pointing to a long-term trend and feeling excitement after price gain.

“With XRP making an emergence this week, bullish narratives have erupted."

CONCLUSION:

If you are doing swing trade then you can buy dogecoin, if you are thinking for a long term Ripple is more ahead than Doge in my perspective.

Not a financial advice #DYOR.

Agree. I did hold Doge at one point but sold it once I doubled my money.

I am holding XRP for the long term until the 2028/29 bull run at least and that is when I believe it will be $20+.

That's such a big period, though. I hope your investment pays off and you will reap such a long-term boon for yourself! I never would be able to see some coins in my portfolio waiting for their time, but your patience is commendable if that's how it's going to go for real.
member
Activity: 770
Merit: 30
July 23, 2024, 04:44:12 AM
#60
DOGE
Traders are ramping up their positions on Dogecoin as its price "breaks out," reaching its highest monthly level on July 20. However, not all are convinced that the bullish pattern is confirmed. However, technical analysis is difficult to apply to Memecoins as their value is speculative. If this pattern were to repeat, Dogecoin price would reach a new all-time high in April 2025.

XRP
XRP has surged 35% this week and some traders are anticipating a breakout moment, pointing to a long-term trend and feeling excitement after price gain.

“With XRP making an emergence this week, bullish narratives have erupted."

CONCLUSION:

If you are doing swing trade then you can buy dogecoin, if you are thinking for a long term Ripple is more ahead than Doge in my perspective.

Not a financial advice #DYOR.

Agree. I did hold Doge at one point but sold it once I doubled my money.

I am holding XRP for the long term until the 2028/29 bull run at least and that is when I believe it will be $20+.
copper member
Activity: 56
Merit: 1
July 23, 2024, 04:43:31 AM
#59
DOGE
Traders are ramping up their positions on Dogecoin as its price "breaks out," reaching its highest monthly level on July 20. However, not all are convinced that the bullish pattern is confirmed. However, technical analysis is difficult to apply to Memecoins as their value is speculative. If this pattern were to repeat, Dogecoin price would reach a new all-time high in April 2025.

XRP
XRP has surged 35% this week and some traders are anticipating a breakout moment, pointing to a long-term trend and feeling excitement after price gain.

“With XRP making an emergence this week, bullish narratives have erupted."

CONCLUSION:

If you are doing swing trade then you can buy dogecoin, if you are thinking for a long term Ripple is more ahead than Doge in my perspective.

Not a financial advice #DYOR.

Pretty good analysis!  I would still choose Dogecoin for the spot just because you know it won't die out in the long run no matter the circumstances, but it's good to have some facts about the possibility of going into XRP as well.
member
Activity: 770
Merit: 30
July 22, 2024, 04:09:00 AM
#58
I see XRP as my long term play , I am talking 2028/29 bull run.

I believe it can reach h $5-7 this bull run but that's not enough for me so will hold till the following bull run to see how it is doing then.

I am going to sell all of my crypto investments this bull run but for Bitcoin & XRP , will hold them both of them long term.
copper member
Activity: 56
Merit: 1
July 22, 2024, 02:35:54 AM
#57
As it's been already said, XRP is premined. If choosing from these two, Doge goes all the way in my book, prefferably, in spot, so that there would be no hard feelings in the future.

Imagine what would happen if the founders of XRP decided to dump all the pre-mined coins on the market. Its value will drop significantly. A huge loss for XRP holders if you ask me. Dogecoin can also lose its value over time (it's a "meme" coin), but it certainly isn't a pre-mined centralized "shitcoin". The good-old DOGE is backed by Elon Musk. It can "pump" anytime.

Between both coins, DOGE is the best option. As I've said before, the OP is free to choose whatever coin he/she desires. It's a free market, after all. As long as you refrain yourself from investing all of your life savings into these coins, there should be nothing to worry about. The crypto market is full of surprises, so expect the unexpected. Cheesy

Yes, totally. But even then, there are bigger possibilities and less risk going with DOGE out of these two.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
July 19, 2024, 09:04:04 PM
#56
As it's been already said, XRP is premined. If choosing from these two, Doge goes all the way in my book, prefferably, in spot, so that there would be no hard feelings in the future.

Imagine what would happen if the founders of XRP decided to dump all the pre-mined coins on the market. Its value will drop significantly. A huge loss for XRP holders if you ask me. Dogecoin can also lose its value over time (it's a "meme" coin), but it certainly isn't a pre-mined centralized "shitcoin". The good-old DOGE is backed by Elon Musk. It can "pump" anytime.

Between both coins, DOGE is the best option. As I've said before, the OP is free to choose whatever coin he/she desires. It's a free market, after all. As long as you refrain yourself from investing all of your life savings into these coins, there should be nothing to worry about. The crypto market is full of surprises, so expect the unexpected. Cheesy
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