XRP and Dogecoin have seen a slump due to crypto market consolidation over the past week. Despite this, both top-10 digital assets hint at potential gains this October, showing slight bullish activity that could lead to a price surge.

XRP vs. Dogecoin Overview

XRP and Dogecoin have distinct purposes in the crypto market. XRP Ledger is known for its low-cost, fast transactions and energy efficiency, with features like a built-in DEX. Dogecoin, originating as a meme-based coin in 2013, gained popularity through social media and Elon Musk's endorsements, focusing more on community engagement.

Recent Performance

Dogecoin hit an all-time high of $0.7376 in 2021, and has seen a resurgence this year, peaking at $0.22 in April. XRP reached $1.55 during the 2021 rally and surged above $0.70 after a favorable SEC ruling but fell following the SEC’s appeal.

Weekly Comparison

Last week, Dogecoin rose 5%, holding above a key support level, while XRP dropped 10% to $0.52, showing its vulnerability. Dogecoin's resilience indicates strong investor interest, making it one of the few cryptos to grow amid market turbulence.

Three-Month Performance

Over the past three months, Dogecoin maintained a stable range, with an 11% rise last month, signaling momentum. XRP faced a 0.35% decline, struggling to gain traction, suggesting it may lag behind Dogecoin in short-term growth.

Final Thoughts

Dogecoin's meme coin appeal and investor interest give it an edge in potential explosive growth. However, XRP's prospects shouldn’t be overlooked, as ongoing developments in the Ripple vs. SEC lawsuit could drive significant price movement.