Cardano

Dogecoin

In a surprising turn of events, the original meme coin Dogecoin (<a href="https://optimisus.com/news/crypto-news/dogecoin-doge-price-rockets-up-by-over-10/" rel="noopener noreferrer nofollow">DOGE</a>) has overtaken Cardano (ADA) in terms of market capitalization.   
Investors are flocking to acquire DOGE in the hopes of its greater integration on Twitter, which recently rebranded itself as the "everything app" X on July 24.   
As per CoinGecko data, Dogecoin has outpaced Cardano, becoming the best-performing coin among the top 10 cryptocurrencies.   
At the time of writing, DOGE witnessed a 2.5% surge in the past 24 hours, reaching a trading value of $0.0789. Over the last seven days, DOGE recorded an impressive growth of 13.8%, solidifying its position as the preferred choice for investors.   
On the other hand, Cardano (ADA) experienced a decline of 4.5% in the past week, leading to its market capitalization slipping below Dogecoin's. The sudden shift in market dynamics indicates a notable shift in investor sentiment and trust.   
Twitter's recent rebranding as "everything app" X sparked intrigue and speculation in the cryptocurrency community. In particular, cryptic tweets from Twitter owner Elon Musk ignited the DOGE upsurge.   
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper">
 https://twitter.com/Helloimmorgan/status/1683607928169742336?s=20 
 </div> 
</figure>   
Musk tweeted a promotional video of Twitter's new logo, initially shared by a Dogecoin designer, creating excitement among investors.   
Additionally, he included the Dogecoin ticker logo in the location field of his Twitter bio, further fueling optimism for DOGE's potential role on the platform.  
The post <a rel="noopener noreferrer nofollow" href="https://optimisus.com/news/crypto-news/dogecoin-outperforms-cardano-on-twitters-x-rebrand-anticipation-for-doge-payment-integration/">Dogecoin Outperforms Cardano on Twitter’s X Rebrand Anticipation for DOGE Payment Integration</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://optimisus.com">Optimisus</a>.

Dogecoin Outperforms Cardano on Twitter’s X Rebrand Anticipation for DOGE Payment Integration

Optimisus

Other articles published on Jul 27, 2023

US financial committee votes in favor of key crypto bills

ADA’s Market Cap May Soar to $275B in the Next Cycle: Analyst

WLD Dark Side: What If People Start Forcing Others to Scan Eyeballs?

Spotting the Next Multichain: How to Evaluate Crypto Bridges

Couple Responsible for Bitfinex Attack Reach a Plea Agreement

Aviator Crypto Crash Game

Join our free newsletter for daily crypto updates!