Popular Crypto This Week DOGE, XRP, SHIB, TRX, Which One is The Best?

Dogecoin (DOGE), Ripple (XRP), Shiba Inu (SHIB), and Tron (TRX) have become the most popular cryptocurrency this week with a price under $1. These coins have captured attention due to recent price movements driven by significant market events and news. 

For you who want to buy, you might be curious “which one is the best”. Here’s a look at which of these coins might reach the $1 milestone first.

Dogecoin (DOGE): Depends on Elon Musk

Dogecoin has gained traction, largely due to ongoing support from Elon Musk. Currently trading between $0.1386 and $0.1495, DOGE faces resistance at $0.154867. If it breaks this barrier, the price could surge to $0.20. However, a slowdown might cause the price to drop to $0.091553. 

Musk hinted at further integrating Dogecoin into his business ventures, boosting transaction volume. If DOGE surpasses $0.20, it could next aim for $0.25, positioning itself for long-term growth and inching closer to the $1 mark.

Read more: Report: 76% of Wealthy Individuals in Asia Invest in Cryptocurrency

Ripple (XRP): Ready for a Breakout?

Ripple (XRP) has seen increased activity on its network, sparking optimism among investors. XRP is currently priced between $0.54 and $0.5592, with a neutral RSI of 47. Key resistance levels include $0.68306 and $0.75475. If XRP breaks through these, it could move toward $0.80. 

Ripple’s expanding role in financial systems, particularly in cross-border payments, could further drive its price. A break above $0.68306 could lead to a rally, with $0.90 as the next target, setting XRP up for a potential rise toward $1.

Shiba Inu (SHIB): Will Token Burns Propel It?

Shiba Inu has gained attention for its token-burning program and whale accumulation. The SHIB price is between $0.00001803 and $0.00001925, with resistance at $0.00002193. If SHIB breaks this level, it could surge to $0.00002640.

With ongoing token burns reducing supply, SHIB’s value could increase. If momentum continues, the price could reach $0.00004, marking significant growth potential for this meme coin.

Read more: APECOIN Price Skyrocketing By 90% in A Day

Tron (TRX): Approaching All-Time High

Tron (TRX) is nearing its all-time high of $0.2317. Currently trading between $0.1556 and $0.159, TRX is testing resistance at $0.160365. A breakout could push the price to $0.164752, and further momentum could drive it to $0.20. 

Tron’s expanding use in decentralized applications (DApps) and its growing adoption could propel it to new highs, with a long-term target of $0.25, representing a 56% increase from current levels.

Conclusion

All four cryptocurrencies have strong potential to rise in value. Dogecoin’s community support, Ripple’s network expansion, Shiba Inu’s token burns, and Tron’s adoption in DApps all point to promising futures. However, Dogecoin and Ripple seem the most likely the best coin to buy and possibly reach $1 first, given their current market trends and backing. 

Please keep an eye on market trends to see which coin will make the biggest leap!