Dogecoin Flips XRP as Prices Soar on Elon Musk's Endorsement and Trump Administration Support
Dogecoin (DOGE) surpassed XRP (XRP) on Sunday, with prices rising by 14% in the last 24 hours and 55% in the past week. This surge in price was attributed to bullish sentiment around Elon Musk's endorsement of the meme and his association with the Trump administration. DOGE's market capitalization now stands at over $34 billion, surpassing XRP's $33.3 billion. If the current trend continues, DOGE may even surpass stablecoin USDC, which has a market capitalization of $37 billion, by Tuesday.
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