#HotColumn Which Crypto Will Reach $1 First – Top Meme Coins Dogecoin, Shiba Inu, or Ripple’s XRP

The meme coin market has exploded since 2021, with joke cryptocurrencies like Dogecooin (DOGE) and Shiba Inu (SHIB) producing exponential gains.

While DOGE and SHIB get most of the attention from retail traders on social media, Ripple’s XRP has gained momentum following the company’s high-profile legal win over the SEC.

This article discusses which of these three cryptos could reach the coveted $1 mark first before presenting an alternative coin that may also be primed to reach that level.

Can Dogecoin or Shiba Inu Realistically Hit $1?
Can DOGE or SHIB ever hit $1? This question has been debated over the past two years, capturing the attention of investors seeking life-changing returns.

For Dogecoin, currently trading around $0.076, this would require a market cap of over $141 billion based on the coin’s circulating supply.

While not impossible, given the irrational exuberance around meme coins, it would likely require a significant change in how mainstream investors perceive DOGE.