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Cryptocurrencies Price Prediction: Dogecoin, Bitcoin & XRP – European Wrap 29 May

Dogecoin retakes meme coin throne as Shiba Inu, Pepe mania fades

Dogecoin (DOGE), a leading meme coin in the crypto ecosystem, has seen a spike in activity from large wallet investors, popularly known as whales. The uptick in activity and recent price increases has placed Dogecoin as the biggest meme coin by market capitalization for the first time in around two months, regaining a leading position after Shiba Inu and PEPE took the center stage for most of April and May.

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Moving past debt-ceiling woes, Bitcoin turns attention to bigger issues

The announcement of the debt ceiling deal triggered a natural spike in interest in Bitcoin on the expectation of increased retail interest in risk assets as institutional investors in Europe and America head off for a long weekend.

Pro-XRP attorney predicts the altcoin’s rally to $2 ahead of SEC vs. Ripple verdict

The community of XRP token holders await a verdict in the US Securities and Exchange Commission’s (SEC) lawsuit against Ripple. Three key aspects of the case could influence the verdict and subsequently XRP price: the emails from former director of the SEC’s division of corporate finance, Ripple’s fair notice defense and the consideration of whether sales are done in primary or secondary markets 

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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