On December 6, 2024, Ripple surpassed Solana in market capitalization, shifting the dynamics of the cryptocurrency leaderboard. Meanwhile, the spotlight has turned to DOGEN, a meme token projected to surge by 1,500% in price, igniting speculation about its potential to outperform Ripple and Solana.
Currently, Solana's price ranges between $220 and $255, reflecting a robust growth of nearly 50% over the past month. It is nearing a resistance level at $273, with further upside potential if it breaks through, targeting $308. Technical indicators, including an RSI of around 58 and a positive MACD at 0.675, support this bullish outlook despite a minor 2% dip in the last week.
XRP has also experienced a significant surge, rising nearly 390% in the past month and over 395% in six months, trading between $1.60 and $2.67. Approaching a key resistance level just above $3, XRP shows potential for further gains, possibly reaching $4, bolstered by an RSI near 54.
As DOGEN garners attention for its anticipated 700% growth by the end of its presale, it positions itself as a promising option for investors seeking significant returns, following in the footsteps of other successful meme tokens.