The cryptocurrency market, with special features on altcoins like Dogecoin (DOGE), is witnessing volatility as prices rise and fall on the heels of varying sentiment. Notably, the market experienced a mild rally ahead of the expected announcement of a policy shift by the U.S. government. However, positive anticipation from the Digital Asset Summit held in New York appears to have waned.
The fluctuation has positioned Dogecoin to flip Cardano (ADA) from eighth place in the rankings, per market capitalization. The largest meme coin in crypto was in a rivalry with Cardano in March, with each
They opine that a rebound in the price of DOGE could see the meme coin’s market cap soar past that of ADA, which is now pegged at $25.08 billion.
As of this writing, ADA has declined by 2.64% to trade at $0.7072, while its trading volume is also downward. In the last 24 hours, trading volume dipped by 24.39% to $831.95 million.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。