Overview

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Dogecoin (DOGE) has caught the attention of crypto projects in the market currently as it has risen by a hefty 3.6% in the past 24 hours and its weekly progress indicates Dogecoin (DOGE), the original memecoin, is currently one of the best-performing crypto projects. The popular dog-themed crypto has risen The OG meme coin Dogecoin has recently overtaken Cardano in market capitalization, attracting investors with hopes of a bigger role on Twitter’s rebranded “everything app,” X. As of the According to the latest market data, Dogecoin's market cap has soared to approximately $28 billion, edging out Cardano's valuation of $27.3 billion. The chief meme Cardano (ADA) is riding a wave of bullish momentum, leaving Dogecoin (DOGE) in its wake. Over the past week, ADA has surged 14.4%, doubling DOGE’s 7% rise. On broader timeframes The recent surge in Cardano’s (ADA) price has bolstered its market cap to $24.67 billion, bringing it closer to Dogecoin’s (DOGE) $24.7 billion valuation. Crypto analyst Dogecoin's surge in trading volume and the breakthrough of the 200 EMA suggest that things might be getting better. Even though the volume is somewhat moderate, it Dogecoin DOGEUSD has once again overtaken Cardano ADAUSD to become the eighth-largest cryptocurrency. According to the latest market data, Dogecoin's Dogecoin (DOGE), the top dog meme coin and the second largest Proof of Work (PoW) network, sparked up an 8% rally on Tuesday, adding another $1.33B to its market At the $9.5 billion threshold on Sunday, Cardano marched ahead of Dogecoin. Its recent 26% rally took its market-cap north of $11 billion at press time. The meme

Dogecoin OI Surpasses $500 Million, Eclipsing Cardano's Market Cap (DOGE vs. ADA)

Dogecoin (DOGE) is making headlines again! The original memecoin is experiencing a surge in interest, evidenced by its Open Interest (OI) surpassing $500 million and, at times, eclipsing Cardano's (ADA) market capitalization. This comes as Dogecoin (DOGE) has caught the attention of crypto projects, rising by a hefty percentage in the past 24 hours, marking it as one of the best-performing crypto projects recently. But the battle for crypto supremacy is far from over.

Dogecoin Reclaims Top Spot: DOGE vs. ADA Market Cap

Dogecoin DOGEUSD has once again overtaken Cardano ADAUSD to become the eighth-largest cryptocurrency. According to recent market data, Dogecoin's market cap has soared to approximately exceeding billions at times, edging out Cardano's valuation. This flip-flop in rankings has sparked renewed debate about the long-term viability of meme coins versus projects with more robust technological foundations. The OG meme coin, Dogecoin, has recently overtaken Cardano in market capitalization, attracting investors. The chief meme is on the rise!

The popular dog-themed crypto has also been fueled by speculation about its potential role on Twitter’s rebranded “everything app,” X.

Is Cardano Losing Momentum?

While Dogecoin (DOGE) is enjoying a moment in the spotlight, the rivalry with Cardano continues. Some analysts suggest that the momentum is shifting. There have been moments when, Cardano (ADA) is riding a wave of bullish momentum, leaving Dogecoin (DOGE) in its wake. Over the past week, ADA has surged. The recent surge in Cardano’s (ADA) price has bolstered its market cap, bringing it closer to Dogecoin's valuation. The competition is fierce.

Dogecoin's Bullish Signals

Despite the competition, Dogecoin's surge in trading volume and the breakthrough of the 200 EMA suggest that things might be getting better. Even though the volume is somewhat moderate, it indicates growing investor confidence. Furthermore, Dogecoin (DOGE), the top dog meme coin and the second largest Proof of Work (PoW) network, sparked up an 8% rally on Tuesday, adding another billions to its market.

Keep an eye on Dogecoin and Cardano as the crypto market continues to evolve. The battle for market dominance is just beginning!

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