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.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。