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Should you sell doge or shiba to buy more xrp?

Crypto User Contemplates Shifting Coins | Weighing XRP Against Memecoins

By

Olivia Chen

May 22, 2025, 11:29 PM

Edited By

Omar Al-Farsi

3 minutes estimated to read

A person contemplating cryptocurrency choices with Dogecoin, Shiba Inu, and XRP logos displayed

In a recent discussion on a popular user board, a participant voiced his dilemma over balancing utility and potential returns in cryptocurrency. As of May 22, 2025, he holds 3 coins: 868 XRP, 11,476 Dogecoin valued at about $2,300, and 65 million Shiba Inu worth roughly $900. Amid market fluctuations, he considers liquidating some assets to increase his XRP holdings.

Coin Positions and Emotional Attachment

The holder has benefited from his investments, even during downturns. He stated, "I've held Doge even when it went up to 70 cents, but I didn’t sell." His confidence in XRP remains unwavering. He’s tempted to convert his Doge or Shiba into more XRP, maintaining a strong belief in its long-term potential.

Community Feedback on Strategy

In response to his post, users on the board pointed out key distinctions between his utility coins and memecoins. One comment highlighted: "You’ve got 3 utility coins and tons of memecoins… which one will pass the test of time and it ain’t a memecoin." This sentiment reflects a growing belief that utility assets have a more promising future in the crypto market.

The Dilemma: Hold or Swap?

The user grapples with whether to sell some Doge or Shiba to bolster his XRP position.

  • Possibility of Return: Some users argue that Doge could rise again, justifying holding onto it.

  • Trust in XRP: Many advocates suggest that XRP is a more sound investment for long-term gains.

  • Risk Tolerance and Market Trends: Decisions may depend heavily on the individual's risk appetite in the unpredictable crypto market.

Mixed Sentiment in the Community

Conversations around the matter revealed divided sentiments:

  • β–³ Positive outlook on XRP’s utility compared to meme coins.

  • β–½ Concern regarding market volatility of Doge and Shiba.

  • β€» "Trust in XRP is strong among users, who see it not as a gamble, but as an investment."

What Should He Do?

As he weighs the options, the user must consider both financial factors and emotional ties to his investments. Can the allure of potential returns from meme coins outweigh their unpredictability? With sources confirming the importance of utility in cryptocurrency, the decision to either stand firm with all three or shift investments remains crucial for securing future profits.

Probable Shifts in the Crypto Landscape

As this crypto holder weighs his options, many believe the momentum of XRP could strengthen further as broader acceptance among financial institutions grows. Experts estimate that there’s a strong chance XRP could see an increase of 20-30% in value over the next few months, driven by anticipated regulatory clarity and partnerships. While some may hold onto their Doge or Shiba in hopes of a market revival, the shifting sentiment towards utility in assets suggests that the market could favor XRP overwhelmingly, further pushing its price north. This evolving landscape may cause many to realign their portfolios towards stronger utility-driven currencies, leaving meme coins scrambling for footholds in a changing economic environment.

The Tale of Tulip Mania: A Floral Analogy

Reflecting on past speculative behaviors, the tulip mania of the 17th century offers an interesting parallel. Just as traders became infatuated with tulip bulbs, driving prices to absurd heights, today's investors are captivated by memecoins that promise quick returns. The allure of potential wealth often blinds people to the inherent risks, much like those who placed their fortunes in tulips. In the end, many faced harsh realities when the market adjusted. Just as tulips lost their charm, the fate of meme coins may hinge on broader market perceptions, where utility reigns in lasting value.