XRP vs. Dogecoin: Who Took the Bigger Hit in March’s Market Meltdown?

XRP Rebounds 4.77% in 24 Hours After Bearish Dip — Is This the Start of a New Upswing?

March 2025 brought a brutal downturn for the crypto market, and XRP wasn’t spared. It opened the month around $2.34 and closed at $1.79, suffering a painful 23.65% crash. While it initially showed signs of strength in mid-March, the bullish momentum didn’t last. XRP quickly lost steam, breaking critical support zones and tumbling into a sea of panic selling.

The plunge wasn’t subtle. With volume spiking by over 241%, investor activity surged — but not in a good way. Most of that volume represented heavy sell-offs, especially between March 28 and April 7, when XRP dropped below the psychological $2.00 level, signaling a loss of confidence.

Source: Coinmarketcap

Meanwhile, DOGE Shows Relative Strength with a Softer Decline

Dogecoin (DOGE), often the underdog in crypto battles, fared slightly better. Despite trending downward, DOGE’s decline remained less severe than XRP’s. The chart comparison shows DOGE managed to hold ground mid-month before its dip in early April, ending the month closer to a 17–20% drop — outperforming XRP by several percentage points.

This performance gap reveals that DOGE, once the meme king, is gradually gaining more resilience during turbulent market cycles, especially among retail traders.

Key Numbers Recap:

  • XRP
    • Price: $2.34 → $1.79 (↓23.65%)
    • Market Cap: $104.77B (↓15.68%)
    • Volume Spike: $7.26B (↑241.51%)
  • DOGE
    • Estimated Drop: ~17–20%
    • Outperformed XRP during the late March downturn

Source: Coinmarketcap

April Forecast: Turning Point or More Blood?

With XRP currently hovering at $1.79, it’s walking on thin ice. Traders are closely watching for a potential rebound to $2.00, but if support breaks below $1.70, XRP could test lows around $1.60 or even $1.50. The positive? Spiking volume shows strong interest, which could be a setup for a trend reversal if sentiment shifts.

Read Also: Ripple Ends SEC Battle With $50M Deal, But XRP Price Refuses to Budge

However, DOGE has less distance to recover and might bounce faster, especially if broader market conditions improve. Its meme power, combined with increasing adoption, may cushion further dips.

Final Takeaway

In March’s market meltdown, XRP took a bigger hit than Dogecoin. While both suffered, XRP’s deeper plunge highlights fragility under pressure, whereas DOGE’s relative resilience might make it the better short-term play. As April unfolds, the battle isn’t over — and all eyes are now on who rebounds first.

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Oluwadamilola Ojoye

Oluwadamilola Ojoye is a seasoned crypto writer who brings clarity and perspective to the fast-changing world of digital assets. She covers everything from DeFi and AI x Web3 to emerging altcoins, translating complex ideas into stories that inform and engage. Her work reflects a commitment to helping readers stay ahead in one of the most dynamic industries today

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

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