Ripple’s XRP price pumps, but investors turn to these 3 new cryptos - Times of India (2024)

XRP has consistently failed to inspire

investors

this year. After months of futile waiting, investors are turning to greener pastures. With its market cap at $30 billion and lacklustre social activity, XRP is deemed saturated. Despite the recent price pump, XRP still looks like an altcoin to avoid.

Is XRP dead?

XRP is the world’s seventh-largest cryptocurrency.
But the crypto coin has had a bleak year, while its competitors surge ahead.

The pre-halving rally didn’t bring strong support for XRP as expected.
XRP continues to descend the charts while blockchains like Solana flourish and amass new users.

XRP recorded a surge in users recently. That resulted in a price increase, taking the coin over 20% up on the weekly chart. The broader market recovery has also helped XRP retain some market attention.

Ripple’s XRP price pumps, but investors turn to these 3 new cryptos - Times of India (2)

That shows that XRP is alive. If the bull cycle gains strength toward the end of July, XRP has the potential to target support above $0.65. But XRP has to focus on translating ecosystem developments into social momentum to justify its high market cap.

XRP’s disappointing journey has urged investors and traders to look for alternatives. They are seeking haven in projects like

Base Dawgz

,

WienerAI

, and

PlayDoge

. With strategic meme coin and utility elements, they offer strong short-term and long-term investment outlooks.
Due to their low initial market caps, these tokens have higher upside potential than saturated coins like XRP.

Base Dawgz: The Base-jumping Shiba Inu is ready for launch

The hot crypto is now hosting a presale that just crossed the $2.5 million milestone.
Why is Base Dawgz trending, stealing the spotlight from high-cap meme coins like Pepe and Bonk? The answer lies in Base Dawgz (DAWGZ)’s quirky avatar and multichain infrastructure.
According to the website, “Designed for those who crave adventure and innovation, Base Dawgz is a unique multichain experience”.
The meme coin has found its home on the Base blockchain but offers interoperability across multiple blockchains. It offers an efficient trading experience while tapping into one of the fastest-growing crypto hubs.

Ripple’s XRP price pumps, but investors turn to these 3 new cryptos - Times of India (3)

The multichain infrastructure will be conducive to an efficient trading experience. The goal is to “allow users to soar through the decentralised world without limits”.
On the meme coin front, Base Dawgz capitalises on the Base hype of 2024. In addition, it is a Shiba Inu derivative that sports a base-jumping suit and goggles.
According to a video published by the popular crypto education channel 99Bitcoins, Base Dawgz is a potential 100X gem. Crypto analyst ClayBro is less optimistic but introduced Base Dawgz as an incredibly promising crypto to his 130,000 subscribers.
https://youtu.be/zNBgLHpebyk?feature=shared
The Shiba Inu label has helped the Base Dawgz presale open to a massive reception.
But there are more factors at play.
For example, Base Dawgz has launched an airdrop campaign to reward creativity and social engagement.
To join, users should log in to their X account and create and share content about Base Dawgz. Creators are rewarded for their commitment and efforts. The rewards are paid as points during the presale stage. Once the presale is over, they can be redeemed for $DAWGZ tokens.
Buy $DAWGZ in the presale

WienerAI – Crypto trading bot with AI powers

WienerAI ($WAI) needs no introduction.
The project is viral across meme coin communities this month. The dog coin is coming with AI superpowers to help traders navigate the volatile crypto market.
The ‘AI + meme’ combination has sent the WienerAI presale frenzy to new heights. It just smashed through $7.5 million.

Ripple’s XRP price pumps, but investors turn to these 3 new cryptos - Times of India (4)

AI coins and meme coins are two of the most fertile crypto niches this year. As a crypto that strategically combines these two trends, WienerAI shows high potential.
It excels on the meme coin and AI front.
The unique dog coin narrative that is ‘part dog, part AI, and part trading bot’ has won the approval of investors, if the presale FOMO is any sign.
On the utility front, WienerAI puts forward some compelling features that are hard to ignore.

Ripple’s XRP price pumps, but investors turn to these 3 new cryptos - Times of India (5)

Using advanced predictive technology, WienerAI is designed to be a personal trading guru that anyone can download and use.
The WienerAI presale is set to end on July 31. The price discounts and staking APY will be reduced as more investors join the presale.
Buy $WAI in the presale

PlayDoge (PLAY) – The latest play-to-earn sensation is hosting a hot presale

PlayDoge ($PLAY) is the latest play-to-earn sensation in the meme coin market.
The project brings back the Tamagotchi craze with a meme coin twist. With ingrained utility that has gone viral, the meme coin is celebrated as the next Floki Inu.
PlayDoge integrates Doge memes into a P2E model themed around Tamagotchis.
It’s like having a pixelated virtual pup on your phone. Your challenge is to get good at taking care of your pet. You are responsible for feeding it, keeping it entertained, and taking it through mini-game adventures.
The more consistently you put in your efforts, the more you can earn attractive rewards.
PlayDoge is an excellent blend of nostalgia and Doge. Here, memes meet P2E. That explains why the PlayDoge presale continues to draw heavy traffic despite the market fluctuations.

Ripple’s XRP price pumps, but investors turn to these 3 new cryptos - Times of India (6)

The reward tokens can be used to purchase in-game treats, staked for passive rewards, or sold on crypto exchanges.
The project has also focused on establishing its credibility from an early stage. The ambitious roadmap and the comprehensive smart contract audit instil confidence in the project.
According to the roadmap, the P2E app and games will be out in Phase 4. Once the games go live, the meme coin has the potential to follow in the footsteps of meme-P2E projects like Floki Inu and Notcoin.
The PlayDoge presale just broke past the $5.7 million milestone. You can still buy the token at discounted price before the presale finishes later this year.
Buy $PLAY in the presale
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 endorsem*nt. 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.

Ripple’s XRP price pumps, but investors turn to these 3 new cryptos - Times of India (2024)

FAQs

Why is XRP pumping? ›

XRP whales hold a record 7.06B tokens

Moreover, whale wallets holding 1M-10M tokens added 662,400,00 XRP in August. That is a significant number of coins currently removed from crypto exchanges, reducing supply, and potentially driving prices higher.

What price can XRP realistically reach? ›

Looking at Ripple price predictions from various analysts, there's a general consensus that XRP is poised for growth. Many forecasts suggest that XRP could reach the $1 mark by 2025 or 2026, with some even projecting prices in the $2-$3 range by 2027.

Why is the XRP price not going up? ›

What Is Going On With XRP? XRP has experienced a decline of almost 15% since the start of January, concerning investors as the rest of the market marks 12-month highs. The decline has been attributed to investors taking profits elsewhere amid uncertainty about the project and better opportunities in the market.

Why has Ripple dropped so much? ›

This reduction in activity typically reflects waning user interest or lower utility, both of which can dampen market sentiment. For XRP's price, this declining engagement may indicate reduced transactions and therefore demand, undermining the asset's value.

Is XRP a dead coin? ›

Summary: Is XRP Dead? XRP as a project is far from dead – it continues to form partnerships with financial institutions.

Is XRP expected to skyrocket? ›

Add in the fact that the crypto market recently witnessed a mini-crash, and it's easy to see why investors might be scared off speculative risk assets like XRP. That being said, there's a clear path to XRP doubling in price to $1 by 2025, and I think that will be the next big move for Ripple's XRP.

How much will $100 XRP be worth in 2025? ›

XRP Price Prediction Overview
YearXRP price prediction
2025$0.62 to $2.9
2026$4
2030$9
2035$11
2 more rows

Will XRP reach $10,000 usd? ›

Yes. It can. People will often mention the market cap being too high for this to happen. There are 100 billion XRP not all are in Circulation and at any one time a fraction of that will be available.

Can XRP hit $1000 usd? ›

No, it is extremely unlikely Ripple XRP will reach $1,000. This is because its total circulation is less than 100 billion, which means it would need to have a market cap of $100 trillion for XRP to hit a price of $1,000.

Will XRP win the lawsuit? ›

Ripple secured a partial victory in July 2023, with the court ruling that only institutional sales of the XRP token, not programmatic sales to retail investors, were unregistered securities offerings.

Is XRP going to replace Swift? ›

Created by Ripple Labs, XRP is more than just a cryptocurrency—it's an ambitious project aimed at transforming how money is moved worldwide. Ripple's vision is to provide an efficient and cost-effective alternative to the existing SWIFT banking system.

How high will XRP go in 2024? ›

According to the technical analysis of XRP prices expected in 2024, the minimum cost of XRP will be $0.537. The maximum level that the XRP price can reach is $0.630. The average trading price is expected around $0.722.

Can XRP go to 100%? ›

Home » Can XRP Reach $100 Dollars? To reach $100, XRP must climb 270 times. At $100, the market capitalization of XRP would be $5.1 trillion. If XRP rose at a 25% annual pace, it would take at least 26 years to hit $100.

Why is Ripple banned in US? ›

Key Findings. Institutional Sales of XRP: Judge Torres found that Ripple's sales of XRP to institutional investors violated federal securities laws. These transactions were deemed to be investment contracts, and Ripple failed to register them as securities with the SEC.

How much will 1 XRP be worth in 2030? ›

Ripple (XRP) Price Prediction Table
YearAverage Price*Percent Increase
2030$8.8152.42%
2031$13.1849.60%
2032$20.1152.58%
2033$393.861858.53%
7 more rows

Why is there so much hype about XRP? ›

Ripple's launch of the xRapid product was a defining moment, ushering in a new era where XRP cryptocurrency aimed to revolutionise money transfer, including within the banking system. The response from the market was phenomenal. “Within a very short time, the price of XRP skyrocketed by as much as 1820%,” Drozdz says.

Is XRP pump and dump? ›

XRP, the digital currency associated with Ripple Labs, has been a popular choice for pump and dump schemes due to its liquidity and trading volume. The decentralized nature of cryptocurrencies makes them susceptible to market manipulation, and XRP is no exception.

Why XRP will hit $1,000? ›

XRP Price Forecast: JPMorgan Cross-Border Payments Could Drive XRP to $1,000, Analyst says. XRP price is setting up for a remarkable rally above $1,000 according to a recently surfaced liquidity sheet analysis factoring in a daily cross-border payment volume of $1 trillion.

What will 1 XRP be worth in 2025? ›

Ripple (XRP) Price Prediction Table
YearAverage Price*Percent Increase
2024$0.760-%
2025$1.2665.79%
2026$1.8748.41%
2027$2.7144.92%
7 more rows

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