Both the Tron (TRX) and Dogecoin (DOGE) cryptocurrencies have been down in the past month amid a bearish market. However, DOGE has seen a steeper fall, dropping over 20% in that span compared to TRX’s 3%. Tron’s cryptocurrency is just behind Dogecoin in terms of market cap, as TRX has had a solid year to gain ground on the leading meme coin. If the current pattern continues, DOGE could fall behind TRX on the cryptocurrency charts by the end of 2025.
Tron already made a big move at the start of the month, flipping Cardano ADA to become the 9th most valuable crypto by market cap. However, flipping DOGE would be a big achievement, as DOGE has been at the 8th rank or above for years. The leading meme coin has struggled in 2025, down 45% YTD. Meanwhile, TRX is up 5% YTD.
DOGE is currently experiencing a prolonged price slump, impacted by several external forces, including the Dogefather Elon Musk’s latest spat with the US. The crippling geopolitical narratives are also hammering the market in its entirety, adding more pressure on DOGE as of late. While bullish price predictions are anticipating DOGE’s price rally to $5 or $10, the asset’s current trend is seeing rival coins push past it.
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Tron vs. Dogecoin: Which Is Worth More Come 2025’s End?
DOGE has garnered quite a fan following in its 11-year history. The original memecoin has even found support from tech billionaire Elon Musk. Musk has publicly stated that Dogecoin (DOGE) is his favorite crypto project. Musk has even enabled DOGE payments for many of his business ventures, such as Tesla and SpaceX merchandise.
There is also a spot Dogecoin (DOGE) ETF application awaiting approval with the SEC. The SEC recently welcomed pro-crypto candidate Paul Atkins as its head. The agency has dropped several crypto-related lawsuits after Atkins took office. There is a high chance that a DOGE ETF will be approved under his leadership. A DOGE ETF could lead to a substantial price rally for the memecoin. However, its decision being delayed by the SEC has thrown a spanner into things, affecting DOGE’s price future and opening the door for TRX.
Also Read: Dogecoin or Cardano (ADA): Which Will Deliver Top Returns in 5 Years?
If a spot Dogecoin (DOGE) ETF is approved before the end of 2025, there’s an extreme chance DOGE will remain ahead of TRX in terms of value and market cap. Further, DOGE could even surpass Solana if all goes well, although Solana SOL ETF approval is still pending.
Analysts at CoinCodex are currently pitting TRX over Dogecoin in the race to December 31, 2025. For Tron, the analysts project an average price of $ 0.547128 come December 2025, and a max price of $ 0.600621. However, CoinCode analysis forecasts an average price of $ 0.187621 for DOGE come the same time, and a high price of $ 0.197849.
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