Will Dogecoin Market Cap Surpass Ripple in June?
Originally published on Coinpedia Fintech News

狗狗幣六月市值會超越瑞波幣嗎？

Amidst the resurgence of meme coins, the market is experiencing a bullish upswing, fueling investor anticipation of a 2021-like rally. Leading the charge are meme coins such as PEPE, FLOKI, and BONK, with DOGE showing a steady rise.

在 meme 幣的復甦中，市場正在經歷看漲上漲，激發了投資者對 2021 年類似反彈的預期。引領潮流的是 PEPE、FLOKI 和 BONK 等迷因幣，其中 DOGE 呈現穩定上升趨勢。

Despite its conservative uptrend, Dogecoin's $24.52 billion market cap may soon rival the underperforming XRP token. With a $5 billion market cap difference, can DOGE's uptrend overtake Ripple this June? Crucially, should you invest in Dogecoin before the bull run?

儘管上漲趨勢保守，但狗狗幣 245.2 億美元的市值可能很快就會與表現不佳的 XRP 代幣相提並論。市值相差 50 億美元，今年 6 月 DOGE 的上漲趨勢能否超越 Ripple？至關重要的是，您應該在牛市之前投資狗狗幣嗎？

Resistance at $0.175 for Dogecoin
Dogecoin's recent rally has resulted in a 29% increase over 27 days. The meme coin has formed a triangle pattern with an overhead resistance trendline.

狗狗幣的阻力位為 0.175 美元狗狗幣最近的反彈導致 27 天內上漲了 29%。迷因幣已經形成了具有上方阻力趨勢線的三角形圖案。

Tradingview
According to the Fibonacci retracement of April's pullback, the recovery rally is currently between the 38.20% and 50% levels. A breakout on either side will determine the pattern's outcome.

Tradingview根據4月回檔的斐波那契回檔位，目前復甦反彈位於38.20%至50%水準之間。任何一方的突破都將決定該形態的結果。

However, the broader market recovery and bullish momentum suggest an extended bull run. If DOGE surpasses the 78.60% Fibonacci level at $0.20, it could target the $0.22 level.

然而，更廣泛的市場復甦和看漲勢頭表明牛市將會延續。如果 DOGE 突破 0.20 美元的 78.60% 斐波那契水平，它可能會瞄準 0.22 美元的水平。

Ripple's Reversal Potential
While the crypto market is in a positive cycle, XRP's price has been moving sideways near its weekly support trendline. Its low-impact moves indicate a lack of interest from new investors.

Ripple的反轉潛力雖然加密市場正處於正週期，但XRP的價格一直在其每週支撐趨勢線附近橫向移動。其影響較小的舉措顯示新投資者缺乏興趣。

Tradingview
This raises the possibility of a decline below the support trendline if buyers lose the $0.50 psychological support. XRP currently trades at $0.52, with a 6% return in May.

如果買家失去 0.50 美元的心理支撐，這會增加跌破支撐趨勢線的可能性。 XRP 目前交易價格為 0.52 美元，5 月份回報率為 6%。

Dogecoin vs. XRP: June Prediction
With Dogecoin's $24.52B market cap, its bullish momentum is gradually increasing. Ripple's market cap stands at $29.36B, with a sideways trend and potential downside risks.

狗狗幣 vs. XRP：6 月預測狗狗幣的市值為 $24.52B，其看漲動能逐漸增強。 Ripple市值為$29.36B，橫盤走勢，有潛在下行風險。

Based on the available data, Dogecoin must reach a market cap of at least $29 billion to challenge XRP. This would require DOGE to reach $0.20, a plausible target for its triangle breakout rally.

根據現有數據，狗狗幣的市值必須達到至少 290 億美元才能挑戰 XRP。這將要求 DOGE 達到 0.20 美元，這是其三角形突破反彈的合理目標。

Therefore, given the current price action and rising demand for meme coins, Dogecoin has a strong likelihood of surpassing XRP to become the 7th largest cryptocurrency globally.

因此，考慮到當前的價格走勢和對 meme 幣不斷增長的需求，狗狗幣很有可能超越 XRP 成為全球第七大加密貨幣。