Dogecoin and XRP have both underperformed the stock market this year. In particular, speculative tokens like Dogecoin (DOGE) and XRP (XRP) have each underperformed the stock market this year — both are trading well below past highs. As we head into 2026, is now a good time to buy the dip in XRP or Dogecoin?
Dogecoin was created in 2013 by a pair of engineers from IBM and Adobe named Billy Markus and Jackson Palmer. The token’s origins are rooted more in satire than in building actual utility in the world of digital currency. One of the key aspects about Dogecoin that smart investors should understand is that the token boasts an unlimited supply base. This feature makes it difficult for Dogecoin to actually sustain meaningful price appreciation.
Dogecoin has very limited use cases in the real world — making it incredibly niche. Since its run-up this time last year, however, Dogecoin’s price has plummeted, and the token has largely traded sideways ever since.
Ripple’s payments network is seeking to solve these problems. Through Ripple’s infrastructure, companies can send money overseas in a much faster and cost-efficient way compared to incumbent payments systems. Within the Ripple network, businesses have the option to denominate their transactions in XRP as opposed to fiat currency. The value proposition of using XRP is that it serves as a bridge for currencies that may not be as liquid in certain regions.
XRP carries legitimate utility in the financial services world, its price movements are almost as unpredictable as Dogecoin. Earlier this year, XRP soared above $3 for the first time since 2018. The spike came after a long, drawn-out legal battle between Ripple and the Securities and Exchange Commission (SEC) came to an end, with results that were partly in Ripple’s favor. During the past six months, however, XRP has experienced heavy selling pressure.
In the long run, XRP could be a wiser crypto investment than Dogecoin given its cross-border transaction applications. Although XRP may not be a bargain right now, it could be worth monitoring as 2026 approaches. For the right price, XRP could merit a small allocation in your portfolio if you plan to hold onto it for the long run. Dogecoin’s movements largely hinge on narratives rather than on concrete fundamentals or broader macroeconomic factors.
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