A Cardano (ADA) maximalist has given his opinion on where ADA will rank by market cap in the next bull market. Interestingly, he predicts that the crypto token could rise to just behind the two foremost cryptocurrencies, Bitcoin and Ethereum.
Cardano To Flip Dogecoin And XRP
In a post on his X (formerly Twitter) platform, self-acclaimed ‘Cardano OG’ Chris O opined that ADA will flip tokens like Dogecoin (DOGE) and XRP on its way to becoming the third largest cryptocurrency by market cap. According to him, ADA and Solana (SOL) will battle it out for this position as he foresees them flipping each other “back and forth.”
Based on his predictions, The top two cryptocurrencies by market cap will remain unchanged as Bitcoin and Ethereum will retain the number one and two spot respectively. However, Chris O mentioned that Ethereum is likely to see a decline in its dominance as crypto users will move to other protocols.
Meanwhile, Binance’s BNB will drop to fifth in the ranking, with AVAX, DOGE, and XRP at the sixth, seventh, and eighth positions, respectively. Chris O has mentioned that he expects the changes to occur with the next bull run on the way. He also alluded to the fact that these changes already
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Author: Scott Matherson