Why is Dogecoin up almost 2% over the past 12 hours while $XRP is down 2% over the same time? The ~2% $DOGE bounce versus XRP’s decline in the last 12 hours looks like normal relative performance variation after a shared macro-driven selloff—driven more by timing of the drop, positioning, and DOGE’s more retail-oriented profile than by any unique positive driver. We also saw XRP more affected by ETFs and institutions while Dogecoin spot buyers came in, so faster recovery.
KrissPaxShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.