XRP, Pepe, and Dogecoin: High-Potential Meme and Utility Coins to Watch on September 25

In a maturing crypto market where momentum strategies increasingly hinge on on-chain fundamentals, three tokens—XRP, Pepe (PEPE), and Dogecoin (DOGE)—stand out as both speculative and strategic plays. While meme coins like PEPE and utility-focused assets like XRP and DOGE face distinct challenges, their recent on-chain dynamics and ecosystem updates reveal nuanced opportunities for investors navigating a post-2024 landscape.

XRP: Volume Surge vs. On-Chain Divergence

XRP has captured headlines with a $16 billion peak in daily trading volume in 2025, despite a 37% decline in daily ledger transactions and 40% drop in new wallet creation over the same period PEPE Faces 15% Downside Risk as Trading Volumes and On-Chain Activity Plunge^[3]. This divergence suggests speculative fervor outpacing real-world adoption. However, the XRP Ledger's shift toward decentralized finance (DeFi) offers a counter-narrative: non-payment transactions, including DEX trades and token issuance, have grown by 40% year-over-year, processing 1.2 million daily transactions with payments still dominating 70% of activity PEPE Faces 15% Downside Risk as Trading Volumes and On-Chain Activity Plunge^[3].

This dual dynamic positions XRP as a hybrid asset. While its on-chain metrics signal waning grassroots adoption, its expanding role in DeFi infrastructure could justify short-term momentum. Investors should monitor whether the $3.2 billion average daily trading volume translates into sustained utility or fades into a liquidity trap.

Pepe (PEPE): Whale Accumulation and Meme Market Volatility

Pepe's recent 66% decline from its 2024 peak has created a narrative of oversold potential. With a doubling in weekly trading volume and an RSI of 38, the token appears primed for a rebound—if broader market conditions stabilize Pepe Whale Activity Analysis: How Large Holders …^[1]. Crucially, on-chain data reveals 20% growth in whale holdings (10–100 trillion tokens) since January 2025, with large transactions ($1M+) correlating to 5–15% price swings within 24 hours Pepe Whale Activity Analysis: How Large Holders …^[1].

Institutional confidence is further underscored by a 40% drop in exchange-held PEPE reserves, as whales and institutions move tokens to cold storage PEPE Faces 15% Downside Risk as Trading Volumes and On-Chain Activity Plunge^[3]. Yet, derivatives data paints a cautionary picture: long liquidations have outpaced shorts, signaling potential for a 15% downside risk PEPE Faces 15% Downside Risk as Trading Volumes and On-Chain Activity Plunge^[3]. For PEPE, the key question is whether whale accumulation will catalyze a broader retail rally or trigger a further correction.

Dogecoin (DOGE): Resilience and Real-World Adoption

Dogecoin's 25% monthly gain to $0.2334 underscores its resilience amid a broader market selloff. With an RSI of 44 and a 100% surge in weekly transactions (1.93 million processed in a single week), DOGE's on-chain activity suggests growing utility PEPE Faces 15% Downside Risk as Trading Volumes and On-Chain Activity Plunge^[3]. Adoption by PayPal and Revolut, coupled with 56,693 active addresses in the last 24 hours, reinforces its position as a “consumer crypto” asset Dogecoin (DOGE) statistics - Price, Blocks Count, …^[2].

However, DOGE's transaction volume remains below its 2024 peaks (10 million/week), and its RSI hints at a potential consolidation phase. The token's appeal lies in its balance of meme-driven sentiment and tangible use cases, but investors must weigh its susceptibility to macroeconomic shifts against its expanding merchant network.

Strategic Implications for Momentum Investors

In a market where hype often precedes value creation, XRP, PEPE, and DOGE exemplify the tension between speculative momentum and on-chain fundamentals. XRP's DeFi pivot and PEPE's whale-driven dynamics offer high-risk, high-reward scenarios, while DOGE's hybrid model of meme and utility provides a more balanced, albeit volatile, play.

For momentum traders, the key is to align entry points with on-chain signals:
- XRP: Watch for sustained DEX activity and institutional token issuance.
- PEPE: Target RSI dips below 30, but brace for short-term volatility.
- DOGE: Monitor PayPal/Revolut adoption metrics and weekly transaction trends.

As the crypto market matures, the winners will be those who can distinguish between fleeting hype and durable infrastructure.