XRP and Dogecoin, both launched in 2013, have turned some investors into millionaires. A $10,000 investment in XRP’s earliest trade would be worth $3.57 million today, while the same investment in Dogecoin’s debut could have grown to $7 million. However, those investors had to endure three crypto winters and one major U.S. recession to experience those gains.

Both tokens lost value over the past year: XRP declined nearly 10%, and Dogecoin sank almost 60%. However, XRP has clearer reasons for growth, as it’s used in financial transactions.

XRP is used as a bridge currency to accelerate payments, unlike Dogecoin, which is largely driven by memes and social media activity. XRP has a more stable foundation for growth due to its application in the financial sector and Ripple’s ongoing development.