Affected by the overall weakness of the cryptocurrency market, XRP and Dogecoin have both experienced significant declines over the past 12 months, with XRP down approximately 37% and Dogecoin down about 52%. Analysts point out that Dogecoin faces ongoing supply inflation, with 5 billion new tokens issued annually, and is heavily reliant on market sentiment. In contrast, XRP has clearer practical use cases in cross-border payments through the XRP Ledger. As Ripple's major legal disputes are essentially resolved and its stablecoin is launched, XRP's structural foundation appears to be more stable for long-term investors compared to network meme-driven cryptocurrencies.
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Affected by the overall weakness of the cryptocurrency market, XRP and Dogecoin have both experienced significant declines over the past 12 months, with XRP down approximately 37% and Dogecoin down about 52%. Analysts point out that Dogecoin faces ongoing supply inflation, with 5 billion new tokens issued annually, and is heavily reliant on market sentiment. In contrast, XRP has clearer practical use cases in cross-border payments through the XRP Ledger. As Ripple's major legal disputes are essentially resolved and its stablecoin is launched, XRP's structural foundation appears to be more stable for long-term investors compared to network meme-driven cryptocurrencies.