The analyst said there are no targets below $0.6533. A move toward $0.73905 would retest the prior all-time high. From the $0.10 to $0.12 region, the projected upside ranges from about 550% to 640%.
added wrapped XRP and wrappedDogecoin to its on-chain lending product. The update also included Cardano and Litecoin. Eligible US users can borrow up to $100,000 in USDC against those tokens.
The lending framework previously centered on Bitcoin and Ethereum. Loans run through Morpho, a decentralized protocol on Coinbase’s Base network. Eligible customers exclude those in New York.
Users can pledge the supported tokens as collateral to obtain USDC without selling holdings. That structure lets users access liquidity while staying exposed to upside. Will this broader borrowing access act as a price catalyst for XRP and DOGE?
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Bitcoin-backed loans on the platform carry higher limits. Ethereum borrowing thresholds also exceed those available for newly added tokens. The expansion fueled debate about whether easier borrowing can support near-term price strength.
Borrowing against volatile assets carries risk. If token prices fall sharply, collateral positions can be liquidated. In turn, liquidations can add pressure during market declines.
Coinbase Chief Executive Brian Armstrong said retail customers kept accumulating during the recent market downturn. He said most retail accounts now hold as much or more crypto than late last year. Regulatory filings also showed Armstrong sold substantial amounts of Coinbase stock over the past year.
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