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XRP price is set for a massive surge, but can it outperform meme coins?


XRP is making headlines again. While the crypto market is wading through an unpredictable landscape, XRP is making impressive gains. If the broader market dynamics are favourable, the better part of the journey has yet to begin.

XRP is looking at an energy-packed rally

There are several factors behind the potential surge of XRP. The first of these is the crypto-friendly narratives from the US Republican presidential candidate Donald Trump. The conclusion of the SEC vs. Ripple’s lawsuit is also expected to rekindle interest in the altcoin over the next few weeks or months.

While most high-cap cryptocurrencies have recorded growth over the past year, XRP has been a let-down. For a better perspective, XRP has pumped only 10% in the last 12 months. During the same period, Bitcoin has registered a 125% growth. Solana is one of the best-performing crypto coins of the year, recording a 600% surge.

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XRP 1-year price action, source: CoinMarketCap

XRP has slipped to the sixth position on the global crypto chart in terms of market cap. It was selling for around $0.6 at the time of this writing. That is 83% down from the all-time high of $3.84. A price correction is long due for XRP.

Can XRP reclaim its past glory this year, however? If the crypto market is moving toward another bull cycle, XRP could climb above $1. But $3.84 remains a distant dream without any major developmental milestones or social media catalysts.

Can XRP outperform meme coins?

Top meme coins have outperformed XRP with impressive gains. For instance, Pepe has climbed 600% in a year, while Bonk has risen 7000%. Newcomers like Dogwifhat have also had a great year. WIF has surged 1200% over the last twelve months.

As impressive as the gains are, these meme coins have their market caps in the billions now. That will stand in the way of their further growth. Being volatile meme coins with no ingrained use or purpose, their journey ahead is unpredictable. It is too early to tell whether top meme coins like Dogecoin, Shiba Inu, and Pepe can outperform XRP in the next bull cycle.

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Pepe 1-year price action, source: CoinMarketCap

But when it comes to the meme coin market vs. XRP, the outlook is different. Top meme coins are not a competition to XRP. Instead, emerging new meme coins are. Meme coin investors update their portfolios frequently to accommodate promising new alternatives. That’s where the goldmine is. Judging by the niche’s wild history, new meme coins can potentially steal the limelight from XRP. Although dozens of meme coins are spawned into the market every month, not all of them turn out to be good investments. Unearthing a meme coin gem is a difficult task. To give investors a head start in their hunt, here is a list of the top three upcoming meme coins that could outrank XRP.

1. Pepe Unchained (PEPU)—not just a meme coin

The first is Pepe Unchained. The meme coin facade doesn’t give the whole picture of the project. First and foremost, Pepe Unchained is a utility project backed by a layer-2 blockchain. It is specifically built for the meme coin market.

Due to the volatile nature of meme coins, investors often struggle to buy and get rid of them during high-active periods. Blockchains like Ethereum have proven to be incompetent when it comes to facilitating satisfactory transactions. In bull runs, it is common to see the transaction costs go through the roof. At the same time, the networks clog up, delaying investment decisions.

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The situation has to change. This is where Pepe Unchained steps in with its layer-2 solution that prioritises speed and efficiency.

Advanced design makes transactions on Pepe Unchained swift and cost-effective. If the project unfolds as laid out in the roadmap, the platform could become a central hub for meme coins. The popular YouTube channel Crypto Gains recently featured Pepe Unchained for its 135K+ subscribers.
Practical utility underpins the long-term prospects of Pepe Unchained. That doesn’t mean it is short of speculative appeal. The unique blend of meme coin charm with tangible utility has already captivated a wide audience. Pepe Unchained has raised over $9.5 million in its presale so far.

Buy Pepe Unchained (PEPU) tokens

2. The Meme Games (MGMES)—Olympics spirit ‘meme’fied

In true Olympics spirit, The Meme Games has been hosting gripping 169-metre sprints where five meme athletes race for victory.

Investors can back Dogecoin, Pepe, Dogwifhat, Brett, or Turbo to earn a 25% crypto token multiplier in The Meme Games. The $MGMES presale is the first gateway to the thrilling competition. Here, users can secure the crypto coins for discounts. The earlier an investor joins the presale, the higher the discounts and the staking APY.

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As the unofficial ‘Olympics meme coin of 2024,’ $MGMES holds large growth potential. It thrives on the hottest trend of this month, with a unique gamified twist.

With each presale purchase, investors can back one of the five meme coins. If the prediction turns out to be correct, they get a 25% bonus on their bonus. A $10,000 investment in $MGMES tokens could yield extra tokens worth $2500 if the prediction hits the mark.

There are no minimum purchase requirements or entry limits. The presale also offers a lucrative passive income stream through its live staking system.

Buy The Meme Games ($MGMES) tokens

3. Base Dawgz (DAWGZ) is launching with multichain vigour

Meme coins often trend for no reason other than their vibrant memes and amusing narratives. That’s what makes them ‘meme’ coins. A top crypto that trends in this category is Base Dawgz. It features a quirky new Shiba Inu mascot in a base-jumping suit.

Dog-themed coins are all the rage. So, Base Dawgz’s decision to go for the Shiba Inu narrative makes sense. At the same time, it stands out in its adventurous avatar.

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Another factor that differentiates Base Dawgz from the crowd of meme coins is its technical competence. It is a multichain meme coin that has its home on the Base blockchain.

https://x.com/BaseDawgz/status/1809835520698040646

It allows trading on Ethereum, Solana, BSC, and Avalanche. The multichain infrastructure gives flexibility to investors.

Buy Base Dawgz ($DAWGZ) tokens

Disclaimer: The above content is non-editorial, and TIL (Times Internet Limited) hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not provide investment advisory services in any manner and the publication of this content does not mean TIL’s or Economic Times endorsement. TIL strongly recommends the users to take all steps necessary to ascertain that any information and content provided is correct, updated and verified and/or speak with a qualified investment professional before making any investment decisions.



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