Cardano (ADA) is currently positioned at 8th place among the top 10 cryptocurrencies by market capitalization, as reported by CoinMarketCap. However, recent predictions and market dynamics suggest that maintaining this spot might pose challenges for Cardano in the near future. Bitcoin advocate Eric Wall has stirred speculation within the ADA community, forecasting Cardano’s potential exit from the top 10 cryptocurrencies by the end of 2024. Wall suggests that Polygon’s token, MATIC, might claim ADA’s coveted position. In this article, we’ll explore the various factors contributing to this speculation and assess the possible future outcomes of Cardano Price.
Current Market Performance of Cardano Price
As of the latest data, Cardano price stands at $0.524232, with a market capitalization of $18.5 billion. While experiencing fluctuations, ADA has shown resilience, with a 2.11% increase in the last 24 hours and a 7.18% rise in the last seven days. However, a 5.53% decrease in the
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