The post Dogecoin Days At The Top Numbered? Cardano Set to Take Over appeared on BitcoinEthereumNews.com.

Este artículo también está disponible en español. The Cardano native token is one of the top-performing digital assets this week and currently trades at $1.13 and $1.23. While its price action pales in comparison to the industry leaders this week, led by Bitcoin and XRP, ADA’s performance relative to other altcoins has still become a source of optimism for many. Related Reading One market analyst even sees Cardano’s ADA eventually overtaking Dogecoin in the list of top cryptos by market cap. A recent comparative analysis of Cardano and Dogecoin reflects the former’s dominance over the top meme coin. ADA has surged 14% in the last week, while Dogecoin increased by just 7%. And if we’re looking at a higher timeframe, ADA also shows strength and dominance over Dogecoin. Over the last month, ADA is up by 230%, while Dogecoin registered a 116% increase. Can We Expect A Flip? Both Cardano and Dogecoin are in the Top 10 cryptos by market cap, with Dogecoin ranked 7th and Cardano at 8th. Only around $20 billion separates these two top-performing altcoins. And for crypto commentator Dan Gambardello, there’s a strong possibility that Cardano can flip the script in the next few days. Currently, $1.84 $ADA would flip $DOGE. The time is approaching. The event is imminent. pic.twitter.com/yTbcKe91Hc — Dan Gambardello (@cryptorecruitr) December 5, 2024 In a Twitter/X post, Gambardello predicted that ADA would surpass Doge and that the time “is approaching and imminent.” Interestingly, after overtaking Cardano this year, DOGE surged past XRP and USDC to become the sixth biggest crypto by market capitalization, with a $69 billion capitalization last month. However, Dogecoin’s market value dropped after hitting a peak of $0.47992. Cardano, on the other hand, is making its move, backed by solid macroeconomic data. Recently, Cardano reached a multi-month high, increasing…

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Filed under: News - @ December 7, 2024 8:17 am