Dogecoin (DOGE) Outpaces Cardano (ADA)

Adekunle Joshua

Dogecoin (DOGE) once a joke, now stands as the eighth-largest cryptocurrency by market cap, overtaking Cardano (ADA)

Recently, Dogecoin's market cap hit approximately $28 billion, outpacing Cardano's $27.3 billion

Charles Hoskinson, Cardano's founder, humorously acknowledges Dogecoin's rise, signalling the start of "alt-season"

As per IntoTheBlock data, 89% of Dogecoin holders are profitable at current prices, with 65% being large holders

Dogecoin's strong bullish sentiment is reflected in its price surge of over 100% in the past week, outperforming Bitcoin!