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Best Cryptocurrencies to Buy in 2025: XRP, Dogecoin or Bitcoin?
The total value of all cryptocurrencies in circulation is currently $3.5 trillion, approaching the record high of $3.9 trillion set in December. Positive sentiment is returning to the financial markets after a difficult start to 2025, but investors are also very excited about a series of cryptocurrency-friendly policies recently issued by President Donald Trump. Ripple's XRP (CRYPTO: XRP), Dogecoin (CRYPTO: DOGE), and Bitcoin (CRYPTO: BTC) are the three most popular cryptocurrencies in the world for very different reasons, and each benefits in its own way from the Trump administration's support of cryptocurrencies. Dogecoin is the best-performing cryptocurrency among the three in 2024 with a 251% increase, but Bitcoin is the only cryptocurrency that continues to reach new highs. Which cryptocurrency could be the best buying option for the remainder of 2025? For me, the answer is clear. XRP: Ripple's Regulatory Troubles Have Ended Ripple is a financial technology company that has designed a unique system called Ripple Payments, facilitating instant cross-border transactions. This system eliminates the need for intermediaries by directly connecting banks with each other, paving the way for immediate payments. Ripple created the XRP cryptocurrency to provide banks with an alternative to using fiat currencies in Ripple Payments. A cross-border XRP transaction costs only a fraction of a penny (0,00001 XRP), so it is much cheaper than sending currency in the country, which can incur fees of 0.5% to 3% of the transaction amount when converting to foreign currency. XRP has a total supply of 100 billion tokens. Approximately 58.6 billion are in circulation and the remaining 41.4 billion are held by Ripple, which is gradually releasing them to meet demand from institutions. Since that makes Ripple the sole issuer, the U.S. Securities and Exchange Commission (SEC) sued the company in 2020 alleging that XRP should be classified as a financial security, just like stocks or bonds. If the regulator wins the case in court, Ripple could be forced to change its business model and incur significant compliance costs. The lawsuit was largely resolved in favor of Ripple in August 2024, but the company had to pay a fine of 125 million dollars. The SEC appealed this decision, threatening to bind the parties in court for many more years, but everything changed when Trump was elected. The SEC is currently run by cryptocurrency supporter Paul Atkins, and the agency has withdrawn its appeal and settled the lawsuit against Ripple earlier this month. In fact, they even agreed to reduce the fine from $125 million to just $50 million. The legal battle has heavily impacted the price of XRP, which is why this token has increased by more than 300% since Trump won the election last November. Dogecoin: Elon Musk, But His Influence May Be Fading Dogecoin was created in 2013 by two friends as a joke. They drew inspiration from the "doge" meme, which was spreading on the internet at that time. Elon Musk has supported Dogecoin since 2019, but the token didn't really take off until 2021 when he promoted it more publicly on social media. Musk even appeared in an episode of Saturday Night Live in May of that year, where he participated in a comedy sketch about Dogecoin. The token surged to a record high of $0.73 that night, but when it became clear that Musk had no real plans to support his social media jokes, it collapsed. The cryptocurrency then lost over 90% of its value by mid-2022 and has hardly changed throughout 2023 and most of 2024. But it skyrocketed after the November election. Investors feel positive about Trump's pro-crypto policy proposals, but they are particularly excited about Musk's potential involvement in the administration as he is a regular figure on the race track. Trump went on to appoint Musk as head of the Department of Government Efficiency (gọi DOGE), an initiative tasked with cutting spending to reduce the U.S. national debt.
The acronym DOGE is a clear allusion to Musk's favorite cryptocurrency. But his support has once again proved hollow -- there is still no indication that Dogecoin will play a specific role in the DOGE project, and it has fallen 50% from its recent 52-week high, leaving investors feeling déjà vu. Bitcoin: A Strategic Reserve of the Government Bitcoin is the largest cryptocurrency in the world. Its market capitalization is $2.2 trillion, accounting for more than half of the total value of $3.5 trillion of all circulating coins and tokens. Unlike most other cryptocurrencies, it continues to set new highs thanks to a variety of unique qualities that make investors confident that it is a reliable store of value. Cryptocurrency is completely decentralized, which means it cannot be controlled by any individual, company, or government, and is built on a verifiable and secure record-keeping system called blockchain. It also has a fixed supply of 21 million coins -- 19.8 million coins have been circulated and the remaining 1.2 million coins will not be fully mined until the year 2140. Due to the decentralized nature of the token, it does not fit the SEC's definition of a financial security. Therefore, it not only avoids regulatory issues but this agency has also approved dozens of Bitcoin (ETF) exchange-traded funds. These funds allow financial advisors and institutional investors to own cryptocurrencies in a safe and regulated manner, opening up new sources of demand that could drive long-term growth. Speaking of demand, Trump recently established a strategic Bitcoin reserve fund, which will initially hold 207,189 coins that the government has seized from criminals. With the approval of Congress, the U.S. Department of the Treasury could use this reserve fund to become an active buyer of Bitcoin one day, just as they are gold buyers. That will almost certainly cause the price to soar, especially if other governments choose to follow suit. In summary XRP has legal utility due to its role in the Ripple Payments network, which often drives demand for the token and supports price increases. However, banks are not required to use XRP—they can benefit from instant cross-border transactions through Ripple Payments even if they use fiat currencies; therefore, the success of the network does not necessarily drive value for the token. This means that the future of XRP may depend more on the whims of speculative investors than on organic demand. However, there is hardly any cryptocurrency as speculative as Dogecoin. It is the first meme token in the world and has no practical purpose that could support its long-term value. Therefore, this is certainly the least attractive investment among these. Bitcoin remains. It is trading at a new high of over $111,000 as of the time of writing this, while XRP and Dogecoin have yet to regain their highs from 2018 and 2021. It continues to prove its reliability as a store of value thanks to the unique qualities I discussed earlier, and bullish catalysts such as ETFs and strategic reserves will only further drive enthusiasm among investors. Therefore, I believe Bitcoin is the best investment in this group.