Dogecoin vs. TRON: The Race to $1 – Meme Hype or Tech Triumph?
Two cryptocurrencies with cult followings—Dogecoin’s meme magic versus TRON’s decentralized web ambitions—are locked in a sprint toward the psychological $1 milestone. But which one’s got the legs?
The Case for Dogecoin: Elon’s Favorite Underdog
DOGE’s supply is inflationary, its utility questionable, and its code updates sporadic. Yet retail traders keep betting on its ’people’s coin’ narrative—and Tesla merch payments don’t hurt.
TRON’s Play: Speed Over Memes
Justin Sun’s blockchain boasts faster transactions and lower fees than DOGE, plus a growing stablecoin ecosystem. But can it compete with the power of a Shiba Inu mascot?
The Verdict
Smart money says TRON’s tech makes it the logical pick. But since when has crypto followed logic? Watch the retail FOMO—if Dogecoin’s army of ’diamond hands’ gets another wind, Wall Street’s quant models won’t stand a chance.
Dogecoin And TRON Follow Market Resurgence
DOGE has rallied 1.6% in the daily charts, 15.8% in the 14-day charts, 5.7% in the monthly charts, and 40.6% since May 2024.
TRX, on the other hand, has rallied 0.5% in the weekly charts, 0.2% in the 14-day charts, 3.6% in the monthly charts, and 101% since May 2024.
DOGE and TRX are following the market-wide resurgence. Bitcoin (BTC) has reclaimed the $96,000 price point. The global crypto market cap has risen to $3.12 trillion. BTC’s rally is likely due to an increase in institutional investments. The current market upswing is likely not because of retail money.
Other bullish developments have also aided Doge and TRX’s recovery. The SEC has a new pro-Bitcoin candidate at its helm. Paul Atkins is expected to be far more lenient to the crypto industry than outgoing head Gary Gensler.
The Federal Reserve is also expected to lower interest rates soon. A dip in interest rates could boost crypto investments.
Which Asset Will hit $1 First?
Dogecoin (DOGE) has to rally 454.63% to hit the $1 mark. TRON (TRX), on the other hand, has to rally by about 308% to hit the same target. TRX has a lot less ground to cover to reach its target.
According to Changelly, DOGE will breach the $1 mark sometime in May 2030, about five years from now. The platform anticipates the asset to trade at a maximum price of $1.01 in May 2030.
Changelly presents a more bullish outlook for TRX. The platform anticipates the asset to hit the $1 mark in July 2028, a little over three years from now.