XRP, Dogecoin Outperform as Crypto Markets Continue Slide

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XRP, Dogecoin Outperform as Crypto Markets Continue Slide
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XRP’s rise came as Ripple founder Brad Garlinghouse said his company's ongoing defense against the SEC's lawsuit was going “much better than expected” shauryamalwa reports

Meanwhile, DOGE’s rise came as Tesla CEO Elon Musk offered to take over the entirety of the popular social media platform Twitter. Musk holds a 9.2% stake and hasDOGE rose to resistance of 15 cents on Friday morning from Thursday’s $0.13 levels, price charts show. Current price action could see DOGE continue a broader uptrend since March, when prices rose from the $0.11 mark.Musk’s potential involvement in Twitter isn’t directly related to dogecoin.

“The speculation is that advertisers could be able to pay DOGE for ads and for other uses on Twitter,” explained Kryptomon Chief Marketing Officer Tomer Nuni in a note to CoinDesk last week. “We have seen the same happening when Tesla revealed the ability to pay for its goods with DOGE. So the speculation could be around Musk’s businesses and stakeholdings starting to accept crypto, as Tesla does.

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