XRP and Dogecoin Skyrocket on US Crypto Bill News—Why Investors Are Buying These 3 Altcoins for Double-Digit Gains

The crypto market is experiencing a surge of activity following the U.S. House of Representatives' approval of three key crypto bills: the GENIUS Act (focused on stablecoin regulation), the CLARITY Act (aiming to define the distinction between securities and commodities in the crypto space), and the Anti-CBDC Act (designed to prevent the creation of a centralized digital dollar).

These bipartisan bills represent a significant shift in crypto policy, potentially providing a clearer regulatory framework for digital assets like XRP and Dogecoin. This development has sparked increased investor interest in these assets.

XRP Enters Price Discovery Phase with Legal and Legislative Support

XRP has broken past its 2018 high, reaching $3.65 and entering a price discovery phase. Currently trading around $3.49, XRP has seen gains of over 6% in the last 24 hours. This surge is attributed to significant accumulation by whale wallets, adding 2.2 billion tokens worth over $7.1 billion, and is fueled by increased legal clarity and favorable legislation.

With no historical resistance levels overhead, analysts are targeting $4.00 as the next key psychological level, with long-term projections reaching as high as $10 if Ripple achieves U.S. banking integration and spot ETF approvals.

Corporate adoption is also on the rise. Companies like VivoPower and Webus have collectively allocated $421 million to XRP, validating its role as a compliant and scalable payments token. This momentum positions XRP as a potential foundational layer for future global finance infrastructure.

Dogecoin Regains Momentum as Meme Coin Popularity Increases

Dogecoin (DOGE) has made a strong comeback, surging nearly 14% to $0.24, with 30-day gains exceeding 40%. The meme coin sector as a whole has seen a 41% increase in the same period, with DOGE leading the charge.

Analysts like MMBTtrader predict a move towards $0.4 and beyond, citing strong technical formations, including a Cup-and-Handle breakout and bullish RSI patterns. Market observers suggest that if DOGE overcomes resistance in the $0.28–$0.30 range, a rally to $0.75 or even $1 could be possible.

Fundamentally, DOGE is benefiting from the same legislative momentum as XRP. Analysts now estimate a high probability of a DOGE ETF approval this year, which could attract institutional investment and solidify Dogecoin's position as a legitimate asset despite its meme-based origins.

Conclusion

As institutional capital flows into Bitcoin ETFs, investors are exploring altcoins with significant upside potential, strong fundamentals, and cultural relevance.