Altcoin News

Solana Flips Cardano While Dogecoin Temporarily Regains Dog Coin King Title

  • Solana is now the fifth highest cryptocurrency in terms of market capitalization.
  • Dogecoin retook its position as the highest meme coin.
  • Meanwhile, Shiba Inu is undergoing a price correction.

The current crypto market is keeping everyone at the edge of their seats, as so many unexpected events are taking place. For example, Solana has overthrown Cardano to become the fifth highest cryptocurrency in terms of market capitalization, according to CoinGecko.

Read CRYPTONEWSLAND on google news

At the time of writing, Solana market capitalization is at $68 billion, while Cardano’s is at $66.5 billion. 

Conversely, CoinMarketCap reports otherwise. According to the site, Cardano is back to fifth place at $68 billion, while Solana is at sixth with $67 billion.

Meanwhile, the battle for dog coin dominance continues and has actually taken a turn. Earlier in the day, Dogecoin retook the ninth spot from Shiba Inu after a strong price correction. However, Shiba Inu has recovered and exceeded Dogecoin once more, as per CoinGecko. 

Meanwhile, CoinMarketCap has placed Dogecoin at the ninth spot despite Shiba Inu’s excess market cap of almost $200 million, at the time of writing.

In another news, the Commonwealth Bank of Australia announced that it will be launching its cryptocurrency service on its mobile application.

CryptoNewsLand Editor

CryptoNewsLand (CNL) is a one-stop online crypto news website that offers the latest happenings in the crypto world.

Recent Posts

Binance Executive Tigran Gambaryan Denied Bail in Nigeria

Nigerian court denies bail for #Binance exec #TigranGambaryan over $35M tax evasion, #money launderingcharges. Court…

12 hours ago

Is the Crypto Market Poised for a Bullish Reversal? Key Signs to Watch

#BlastUP stands out with notable promise due to its innovative concept and its integration with…

14 hours ago

Bullish VET Price Predictions Emerge as VeChain Energy Consumption of 0.04% Revealed, Will VET Hit $3 This Cycle?

#VeChain #blockchain proves its #sustainability prowess as the network uses 0.04% of energy compared to…

15 hours ago

Bitcoin to $300K, Altseason Is Almost Here: Analysts Weigh In

Projects like #TON, #GNO, and #XAI are catching #investor attention but may not last as…

15 hours ago

Legal Showdown: Dolce & Gabbana’s NFT Missteps Prompt Reflections on Corporate Accountability

Dolce & Gabbana embroiled in #lawsuit over mishandled #NFTs, sparking trust concerns. #Luxury brands tread…

16 hours ago

Analyst Insights: Which Cryptos Will Spearhead the Next Market Surge?

#APT, #OSMO, #JTO, and #XAI show promise but may not lead the next market surge…

16 hours ago