Gemini Exchange Supercharges XRP, Dogecoin, and Shiba Inu – Meme Coins Go Mainstream in 2025
Crypto's favorite underdogs just got a golden ticket.
Gemini's latest listing bombshell throws gasoline on the meme coin rally—proving once again that in crypto, fundamentals are optional.
XRP, DOGE, and SHIB holders rejoice as institutional doors swing open. The Winklevoss twins' platform now lets traders swap these assets with the same ease as Bitcoin—because nothing says 'mature market' like Shiba Inu charts next to Treasury bonds.
Price pumps incoming? History says yes. Every major exchange listing since 2020 triggered double-digit spikes within 72 hours. Though let's be honest—with Dogecoin's 'utility' being Elon's Twitter jokes, maybe don't bet the ranch.
One cynic's joke is another degenerate's lambo. The casino stays open.
Major Boost For XRP, Dogecoin, And Shiba Inu
Gemini’s decision allows XRP, DOGE, and SHIB holders to use their tokens as collateral for GUSD-settled perpetual contracts, a feature that was previously limited to BTC, ETH, USDT, and Gemini stablecoin GUSD. All five newly supported tokens come with varying collateral “haircuts,” meaning only a portion of their value is counted toward margin requirements. XRP and Solana each have a 15% haircut, while Dogecoin and shiba inu face a more severe 30% haircut due to their higher volatility profiles.
Gemini has made it easier for users to trade derivatives using a broader range of holdings by bringing these newer assets into the fold. This MOVE not only deepens the utility of these cryptocurrencies but also opens up new use cases for traders who want to leverage their holdings in perpetual contracts without converting to stablecoins.
It’s a particularly meaningful step for XRP, which has been working to strengthen its institutional appeal and global payments utility. The move is also beneficial for meme coins Dogecoin and Shiba Inu, which are seeing increasing demand outside of the meme coin niche. This expansion also shows a larger trend in crypto derivatives. Many crypto exchanges, especially those in the US, are increasingly opening their doors to altcoins. It is also a drastic turnaround from the state of the crypto market some years back.
For nearly three years, XRP was delisted or unavailable on most US-based trading platforms due to the legal battle between Ripple and the US Securities and Exchange Commission. It wasn’t until July 2023, following Judge Analisa Torres’s partial ruling that XRP was not a security when sold on exchanges, that the token began to make its return to major US platforms, including Gemini.
Price Action Trending Downwards
At the time of writing, XRP is trading around $3.13, a 1.4% decline from the previous day but still holding within its recent range between $3.06 and $3.18. Dogecoin is trading at $0.2226, with modest intraday movement after failing to sustain its push above $0.23. The king of meme coins is down by 3.2% and 14.2% in the past 24 hours and seven days, respectively.
Shiba Inu, meanwhile, is trading at $0.000013, also down by about 4% in the past 24 hours and over 13% in the past seven days.
Nonetheless, many analysts still maintain a bullish long-term outlook for these cryptocurrencies. Forecast models project that dogecoin could climb to $1 in the current bull cycle, while SHIB is expected to reach at least $0.000045. XRP’s trajectory is even more ambitious among many crypto analysts, with price targets ranging from $9 to $10 if adoption momentum continues and pending US Spot ETF applications finally receive approval from the SEC.
