Cardano Kicked Out Of Top 10 Crypto By Market Cap, What’s Going On?

Quick Summary:

In an unexpected twist of events, Cardano (ADA) has officially been ousted from the top 10 cryptocurrencies by market capitalization.  The popular altcoin has also been usurped by Tron (TRX), marking a significant shift in the crypto market.

Despite the ongoing developments in its network and the upcoming Chang hard fork, Cardano continues to experience price and adoption stagnation.

Responding to Atomic Wallet analysts, Dave, a Cardano development and DEX enthusiast, has highlighted that the altcoin is significantly undervalued.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: CARDANO Kicked Out Market Cap News Top 10 Crypto Latest News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 16:26:32 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 547 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22197396

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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Year Established: 2020

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News Last Updated: 14 hours ago

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