Prediction: XRP and Dogecoin Will Struggle Mightily in August (and Likely Well Beyond)

Following gains of more than 34,000% for Ripple-created XRP and almost 117,000% for Dogecoin over the trailing decade, retracements may be order.

Compared to other asset classes, such as bonds, commodities, and real estate, the stock market has been the top wealth creator over the past century. But over the trailing decade, nothing has come close to rivaling the gains delivered by cryptocurrencies .

Whereas the benchmark S&P 500 ( ^GSPC 0.15% ) has roughly tripled over the trailing decade, prominent payment-based digital currencies XRP ( XRP 3.57% ) and Dogecoin ( DOGE 6.46% ) have soared by more than 34,000% and nearly 117,000%, respectively, based on data from YCharts.

While these popular cryptocurrencies have become staples in the portfolios of digital-asset