Elon Musk has a history of shaking up the crypto market with just a few words. No coin shows this better than Dogecoin. What began as a meme turned into one of the most recognizable cryptos on the planet, fueled by Musk’s constant attention. Each time he tweeted, Dogecoin’s price seemed to leap overnight.
This raises an interesting thought: what if Musk started doing the same with XRP? TheCryptoBasic highlighted this scenario on X. XRP already has a strong use case, but with Musk’s influence, could Ripple price skyrocket the way Dogecoin once did?
What you'll learn 👉
Dogecoin’s Wild Ride Under Musk’s Spotlight
Dogecoin’s journey shows how powerful Musk’s words can be. Back in April 2019, his first mention of DOGE pushed the price up nearly 95% in just 3 days. Later in December 2020, a short tweet sent it soaring 20% in hours. By February 2021, when Musk called Dogecoin the “people’s crypto,” the price shot up 40% overnight.
Things got crazier in April 2021. Musk tweeted that Dogecoin was “barking at the moon,” and paired with the bull run, DOGE reached an all-time high of $0.73. That was a gain of more than 12,000% from January that same year when it sat at just $0.006.
Doge Barking at the Moon pic.twitter.com/QFB81D7zOL
— Elon Musk (@elonmusk) April 15, 2021
Even after the peak, Musk kept moving the needle. Tesla’s acceptance of Dogecoin for merchandise in January 2022 added another 15% spike. In March 2023, he swapped Twitter’s logo for the Dogecoin mascot, and DOGE jumped 30% almost instantly. More recently, his involvement with the Department of Government Efficiency (DOGE) once again stirred the market.
These examples show Musk’s influence is unlike anyone else’s in crypto. Which brings us back to XRP.
How High Could XRP Price Go If Musk Promoted It
Unlike Dogecoin, XRP isn’t just hype-driven. It has been steadily growing as a utility token for cross-border payments. Since April 2019, XRP has moved from $0.30 to around $3.00 today, a 920% gain. Dogecoin in the same period jumped from $0.00408 to $0.2388, a 5,752% climb.
TheCryptoBasic pointed out that if Musk promoted XRP today and it experienced a similar percentage gain to Dogecoin, XRP price could theoretically hit $175.92. That number comes from applying DOGE’s explosive percentage growth to XRP’s current value.
Of course, this is purely speculative. The crypto market is far more complex than a simple math formula. Still, it’s a scenario worth exploring.
Interestingly, Musk has always avoided mentioning XRP. However, what if he gave it the same level of attention as Dogecoin? Notably, in such a scenario, while the price reaction would have been positive, the actual impact remains uncertain.
— TheCryptoBasic (@thecryptobasic) August 29, 2025
As a result, we posed the question to… pic.twitter.com/PismYMci8M
Why XRP Is Different From Dogecoin
Dogecoin thrives mostly on hype and community spirit. XRP, on the other hand, is backed by Ripple’s real-world utility. Its technology powers fast and low-cost cross-border transactions, something that banks and financial institutions are beginning to adopt.
TheCryptoBasic noted that Ripple’s ongoing legal battle with the U.S. SEC has been moving toward resolution. This regulatory clarity could clear the way for bigger adoption. If Musk’s voice were added to that momentum, XRP might not only spike in price but also see wider acceptance in payment systems.
This difference makes the “what if” even more intriguing. Dogecoin had Musk’s tweets. XRP already has utility, and Musk’s attention could act as rocket fuel.
Read Also: Solana vs Ethereum: Why SOL Could SMASH ETH in the Next Leg of the Bull Run
The idea of Elon Musk promoting XRP the way he promoted Dogecoin is fascinating. History shows what his influence did for Dogecoin, and TheCryptoBasic’s scenario suggests XRP price could theoretically soar to $175.92 if the same gains applied.
Whether or not that ever happens is impossible to predict. What’s clear is that XRP already has strong fundamentals. Musk’s attention would only add another unpredictable layer to its story.
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