XRP Surges Ahead as Dogecoin Struggles with Unlimited Supply Growth
Two popular cryptocurrencies, Dogecoin and XRP, have taken a beating this year but are recovering at different rates. While both coins have declined around 17% in 2026, their paths to recovery look distinct. Over the past 12 months, Dogecoin has dropped roughly 59%, while XRP has lost about 47%. In contrast, XRP has beaten Dogecoin over the last 90 days and the past year.
XRP's price has climbed by 46% in the last 90 days, whereas Dogecoin increased by 34% during the same period. Additionally, XRP has lost 12 percentage points less than Dogecoin over the past year. Historically, Dogecoin is currently trading about 87% below its May 2021 peak of $0.74, meaning it would need to rise nearly eightfold to reach that level again.
XRP's market value is around 6.5 times larger than Dogecoin's due to a significantly higher total supply. While XRP has about 62.9 billion coins in circulation, giving it a market value of approximately $95 billion, Dogecoin has about 156 billion coins resulting in a market value of about $15 billion.
Dogecoin miners generate 10,000 new DOGE every minute, which adds up to around 5.3 billion extra coins each year, worth approximately $490 million at the current price. This ongoing supply growth means Dogecoin needs constant buying interest just to maintain its price, especially since it has no maximum supply limit.
XRP's supply is also growing as Ripple releases up to 1 billion XRP from its escrow each month, most of which is subsequently locked away again. However, XRP does have a maximum supply of 100 billion coins, meaning it has about 37 billion more tokens than are currently in circulation.
For the remainder of 2026, XRP appears to have the better case due to its stronger performance over the last 90 days and year, being closer to its historical highs, commanding significantly more ETF investment, and having a definitive supply limit unlike Dogecoin. While Dogecoin's recent gains may attract short-term traders, its excessive yearly coin supply puts downward pressure on its price.