Cryptocurrency markets with special features of Altcoins like Dogecoin (Doge) are witnessing volatility as prices rise and rise right after various sentiments. In particular, the market experienced mild gatherings ahead of the expected announcement of policy changes by the US government. However, positive forecasts from the Digital Assets Summit in New York appear to have faded.
Doge challenges ADA to 8th place
This fluctuation has led Dogecoin to flip Cardano (ADA) from the 8th place in the rankings by market capitalization. The biggest meme coin in Crypto was competing with Cardano in March.
They have expressed the opinion that Doge’s price rebound can see Meme Coin’s market capitalization skyrocketing beyond the ADA’s market capitalization.
At the time of this writing, the ADA fell 2.64% to trade at $0.7072, but that volume is also down. Over the past 24 hours, trading volume has dropped 24.39% to $831.95 million.
