Dogecoin Nears Milestone: Poised to Eclipse XRP with Remarkable 150% Surge in 2024

Dogecoin, the renowned memecoin, has demonstrated a remarkable performance recently, nearly doubling its value from around $0.13 to above $0.20 per token, with its peak price noted at the beginning of April. In its latest surge, Dogecoin has impressively surpassed other major cryptocurrencies like Avalanche and Cardano. Currently, it's poised to overtake Ripple’s XRP with just a 12% price rise required. Additionally, Dogecoin’s value has soared approximately 150% since March, outperforming a basket of the top six memecoins and significantly exceeding the general crypto market. Memecoins such as Solana-based BONK and WIF have also clocked notable gains, underscoring the 2024 surge in memecoin investments.