Topic: DOGE or XRP - page 5. (Read 1333 times)

Indeed, in the characteristics of each acquisition of DOGE and XRP there are benefits that will help, including where the coin feature is lower than the others. I think As both coins are volatile depending on the crypto market, you should monitor them and compare their basic qualities and that is something you need to pay attention to before you invest in them.

Actually, I personally don't like these two coins, but if I had to choose, I would choose XRP as an investment because XRP has a very large community, so I think XRP has a big opportunity to rise and grow in the future, especially since XRP has a very brilliant track record.

I think these two types of coins both have their own advantages and disadvantages, therefore we have to approach them with different perceptions, where Doge is good for investing in the short term but too risky if invested in the long term, while XRP the opposite is also, point is we have to be realistic in dealing with it, if you want to invest in the short term DOGE is the right choice, but if in the long term I think XRP is the choice,

Kaspa 

Still use DOGE occasionally for faster transaction and lower transaction fee, don't really care about the hype on investing Dogecoin because it's easily manipulated by just a single person tweet. XRP is centralized and I would rather dealing with DOGE because at least it has my use instead of XRP. Actually a "meme coin" that I actually use for transaction purpose instead of XRP that I only used for single trading.

I mean I don't really think long term either are worth keeping long term money into but if I had to doge would be the choice.  With the whole meme movement doge is set up to be very short term profitable.  Xrp is very centralized and can't see that working out in the long term.

I actually disagree that Doge has no use case "because it's a meme coin". Doge has an independent blockchain, so it is a platform where a lot of things can be built upon, like Doginals last year, which allows to create NFTs and memecoins on top of Doge. This is also a big difference to most other meme coins, like Shiba or Dogwifhat which are simple tokens.

Doge is merge mined by LTC miners so it should have currently the highest security of all proof-of-work altcoins. The number of transactions is highly volatile but in the first days of July there were as many Dogecoin transactions as there were Bitcoin transactions. Normally it swings wildly between 15-30% and "more than Bitcoin". So there is actually some usage.

By the way I'm not invested in Doge, because it was extremely volatile in the past, and as others have mentioned, a lot of its value in the past 4 years was related to speculation about Elon Musk and Twitter. I dunno if this "bubble" has already burst completely, i.e. if it's already priced in that a mass adoption due to Twitter simply hasn't happened. But in general Doge was less volatile in the recent past, so it may be a good opportunity to enter at current prices. I would not bet on it however.


If you're in for the long term, then I suggest this list or this list (slightly looser criteria), these are coins that are similarly decentralized than Bitcoin. The second list contains Doge, LTC and Kaspa, for the first list's creator these three aren't decentralized enough but instead Monero (XMR) was the biggest "decentralized altcoin". Nobody can know however if they will go up. But they solve real problems, in contrast to most premined altcoins.

About XRP: It is holding relatively well but it's actually one of the most centralized blockchains (not including tokens).

There are many other coins with clarity on their programs. I understand why you choose doge, maybe because of its low price and high rise, but that's just because Elon made a thread, he said Doge is his favorite coin. Then do you know what happened after Elon appeared on SNL?
Elon said it was a hustle, and the price dropped by 36%. After all, doge is just a meme coin, made just for fun.

Are you voting for Doge because it's been around forever and still exists? But if you expect a very high increase from meme coins, maybe you should start to realize, that there are many other meme coins that move faster than Doge

XRP is better than Doge in its program clarity, but there is not enough movement to make XRP move forward. so you better find and research other coins

Yeaa they lost the battle even before they started. Sucks for them(for trusting a personality instead of doing their own research on where they should put their money), but while I dislike Elon's promotion of DOGE, should he be really liable for losses? Like, people talk about stocks or certain assets all the time. How empty would trading/investing discussions be if people would be liable for assets they posted positively about.

The memecoins community is still strong and Doge is part of their choice. Although some other meme coins have been emerging and have been on hype but nothing beats the community of Dogecoin.

I only use XRP for transfers as it's very quick but as an investment, it has been laggard for years.

I have been hearing for almost two years that DOGE will pump hundreds of times from its current price and I have invested some money after hearing that but I have not seen that big pumping till now. XRP was pumping for a while but now this coin has dumped a lot of volume. I have traded in this coin with some amount of money till now I have not recovered my loss and till now I have not been able to sell this coin. Since I own two coins, if these two coins increase then my profit and I definitely want these two coins to be in good condition.

XRP is currently valued at 0.44 USD, while DOGE is at 0.11 USD. I think these values are still cheap and who says you will own tons of them? Just invest only within your capacity, say allocate only 20 to 10 USD if you are a budget investor. I think these values are still within your reach and if you have a job, I think you can easily afford it. There are also micro tasks online that you can do to earn an amount like that.

You also said that your method is more risky. So if you can risk more on other coins with a more unpredictable future, then why can't you just take the price of both coins featured here? You still have a good chance of recovering your capital at them, plus you can also earn something.

I have seen DOGE and XRP coins in the Hot section on Binance for a long time. I thought that since these coins are in the hot section of Binance, they might be good coins to invest in. I thought so, so I asked here to get suggestions from experts.

There are many altcoins in the market. Each has a different purpose. But, it can only tell you to consider altcoins related to the RWA, and i was ONDO. I have heard that Blackrock has an official partnership with ONDO Finance. You can consider this your investment. ONDO is pretty stable. Though there was a bit dump in bitcoin, its price is strong because of the partnership with Blackrock.

Frankly, there is also a good token in the blockchain category, such as layer zero. It has low tokenomics and a low market cap. But, it has big potential.

And last, I suggest you invest in tokens with many functions. They can give you many benefits, and the choice is yours, and so, do your best.

Well it's possible that Doge payments are still valid - https://www.tesla.com/support/dogecoin but I would argue that few people use doge or even none - Elon Musk just wants to pump but can't yet.

So far haven't seen any statistical data about Tesla purchases using Doge usually people always share experiences on X but can't find it, means almost zero Doge users for Tesla payments.

That's an interesting choice. I wouldn't buy any of them, but if I had to I'd pick DOGE. XRP is a centralized coin that is worth nothing. DOGE at least funny and decentralized.

Doge and XRP are also two altcoins in the top 10 on CMC, so they can be considered the leading altcoins on the market. I think each person has different investment preferences and tastes, I guess he did his research before choosing these 2 altcoins.

Many people will assume that Doge is just a memecoin but if we dig deeper, we will know that it was created in 2013 and can still exist until now, despite having many so-called potential projects has disappeared over time. Honestly, investing in it I don't find it riskier than any other altcoin. @OP, if you ask me, I will choose Doge over XRP and I believe it is not too difficult for Doge to reach 1 USD.

I think, op, it looks like you didn't do enough research because you only saw the two that you think have the potential to give you earnings in the future. Why don't you try to learn more about the top crypto so far in the market?

Because in truth, there are many top altcoins that are more than what you mentioned and can give you a good profit in the future if you just do really intense research about potential cryptocurrencies.

I read on the news after doge fell significantly, it fell more than 10 times of its all-time high that some people sued Elon Musk to court. Although, they can not win because almost other altcoins are very volatile and dropped in prices just like doge or dropped in price more than doge. Doge as of today is 7x lower than its all-time high. I see it now as an old coin that has been left behind why people are buying new coins which they will also later be dumped in the future just like doge.

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.