XRP is the native cryptocurrency of the XRPL, developed by Ripple. The reason XRP is the better coin to invest $500 in and hold for the next three years is that Ripple has a game plan for how it’s going to make the XRPL a better place for financial institutions and businesses to manage their capital and transfer their money. When capital and users are onboarded to the XRPL, they need to buy, hold, and spend XRP to cover their transaction costs, as well as for other purposes, which gives it value.
Dogecoin lacks any way to do the same things. Dogecoin thus does not belong in any crypto portfolio. Its supply policy is guaranteed to slowly dilute holders with a steady drip of new coin issuance, which never ends. It has no utility, nor do its developers have any kind of track record for being able to create new features.
Could Dogecoin still beat XRP during the next three years, with one of the face-melting rallies it’s known for? Possibly, yes, but that won’t change the investment thesis we’ve outlined, as such rallies arise from factors not possible to plan around or replicate reliably. So don’t get tempted to buy it; XRP is the only real option here.
XRP, the native asset of the XRPL, is supported by Ripple’s plan to make the ledger more attractive to financial institutions. The case for a $500 investment in XRP over a three-year horizon rests on XRPL’s roadmap to onboard capital and users who will need XRP to cover transaction costs and other network activities. As adoption grows, demand for XRP could rise with it, helping sustain its value.
Dogecoin lacks an equivalent framework and its supply policy continuously dilutes holders, reducing long-term value. It has no durable utility, and its developers have not demonstrated a track record of delivering meaningful features. Rallies in Dogecoin are possible but tend to come from hype rather than fundamentals and cannot be relied upon in planning. Therefore, XRP stands as the more credible option for a disciplined $500, three-year investment.
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