At the time of writing, Dogecoin's total market capitalization stands at $19.8 billion, with the meme-inspired cryptocurrency trading at $0.145, powered by hash work. In contrast, Ripple XRP is priced at $0.5 per token, with a market cap of $27 billion, as per CoinMarketCap data.

A legal expert suggests that the Ripple lawsuit against the US SEC could conclude as early as this summer, potentially signaling a favorable turn for XRP's fortunes. However, despite Ripple's position, there are seven compelling reasons why Dogecoin could potentially surpass Ripple's market cap later this year, signaled by a couple of positive price movements.

1. Dogecoin benefits from the endorsement of Elon Musk, offering significant credibility and publicity, while Ripple lacks a comparable champion.

2. Dogecoin experiences a surge in large holder inflows, indicating bullish sentiment, while Ripple sees notable whale movements onto exchanges, signaling bearish sentiment.

3. Tesla's acceptance of Dogecoin for new car and truck payments provides a significant boost to Dogecoin's value, unlike XRP, which lacks such widespread acceptance among corporations.

4. Dogecoin's strong meme culture wields considerable influence on the internet, particularly among tech-savvy communities, providing it with a unique advantage over Ripple.

5. Dogecoin's association with other meme coins has led to substantial economic disruptions and investor gains, setting it apart from Ripple.

6. Dogecoin's proof-of-work mechanism ensures its resilience and attractiveness to investors, especially amid concerns about central bank currencies and inflation.

7. Anticipated Fed rate cuts later in the year could further fuel demand for inflation shelters like Dogecoin, potentially boosting its value.

In conclusion, while digital assets carry inherent risks, the fundamental factors discussed suggest that Dogecoin's current price of $0.14 may undervalue its potential, especially considering its recent peak of $0.22 in March.