Gemini Adds XRP, DOGE, SHIB as Collateral for Derivatives

Gemini Adds XRP, DOGE, SHIB as Collateral for Derivatives
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Gemini has expanded its derivatives platform by allowing XRP, Dogecoin, and Shiba Inu as cross-collateral assets. This move enhances utility for these altcoins and provides traders with more flexibility. The decision reflects growing institutional acceptance of meme coins and XRP’s post-legal clarity resurgence.

  • Gemini applies 15% collateral haircuts for XRP/Solana and 30% for Dogecoin/Shiba Inu due to volatility risks.
  • XRP’s inclusion marks a turnaround after its 2023 legal victory against the SEC, restoring US exchange listings.
  • Analysts predict long-term price surges: DOGE to $1, SHIB to $0.000045, and XRP potentially reaching $9–$10 with ETF approvals.
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