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

狗狗币六月市值会超越瑞波币吗？最初发表于 Coinpedia Fintech News

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 币的复苏中，市场正在经历看涨上涨，激发了投资者对 2021 年类似反弹的预期。引领潮流的是 PEPE、FLOKI 和 BONK 等模因币，其中 DOGE 呈现稳步上升趋势。

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?

尽管上涨趋势保守，但狗狗币 245.2 亿美元的市值可能很快就会与表现不佳的 XRP 代币相媲美。市值相差 50 亿美元，今年 6 月 DOGE 的上涨趋势能否超越 Ripple？至关重要的是，您应该在牛市之前投资狗狗币吗？

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.

狗狗币的阻力位为 0.175 美元狗狗币最近的反弹导致 27 天内上涨了 29%。模因币已经形成了带有上方阻力趋势线的三角形图案。

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根据4月回调的斐波那契回撤位，目前复苏反弹位于38.20%至50%水平之间。任何一方的突破都将决定该形态的结果。

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，更广泛的市场复苏和看涨势头表明牛市将会延续。如果 DOGE 突破 0.20 美元的 78.60% 斐波那契水平，它可能会瞄准 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的反转潜力虽然加密市场正处于正周期，但XRP的价格一直在其每周支撑趋势线附近横向移动。其影响较小的举措表明新投资者缺乏兴趣。

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.

如果买家失去 0.50 美元的心理支撑，这会增加跌破支撑趋势线的可能性。 XRP 目前交易价格为 0.52 美元，5 月份回报率为 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.

狗狗币 vs. XRP：6 月预测狗狗币的市值为 $24.52B，其看涨势头正在逐渐增强。 Ripple市值为$29.36B，横盘走势，存在潜在下行风险。

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.

根据现有数据，狗狗币的市值必须达到至少 290 亿美元才能挑战 XRP。这将要求 DOGE 达到 0.20 美元，这是其三角形突破反弹的合理目标。

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，考虑到当前的价格走势和对 meme 币不断增长的需求，狗狗币很有可能超越 XRP 成为全球第七大加密货币。