❔Which cryptocurrency will reach $1 first: Ripple (XRP), Shiba Inu (SHIB) or Dogecoin (DOGE)?
Ripple's XRP, Shiba Inu (SHIB) and Dogecoin (DOGE) are undoubtedly among the cryptocurrencies with the most dedicated communities in the industry.
Their price movements tend to be explosive and directional, driven by massive retail interest.
⚡️Comparing them to each other provides valuable information about their current market dynamics, factors that may shape their future prices, as well as the features of their tokenomics.
The results of their comparison can be expressed as follows:
-XRP appears to be the most suitable cryptocurrency of the three to reach $1 as it is already trading at $0.50.
-In terms of price action, Dogecoin appears to have much more room to rise to $1 due to its tokenomics and current position. The cryptocurrency is trading at around $0.06, which, while far from $1, is still better than SHIB's current price of $0.00000737.
-However, one cannot discount the possibility of a major tokenomics update in the SHIB roadmap – something that could change the dynamics between the two.
