Shiba Inu (SHIB) and Dogecoin (DOGE) Might Push Cardano out of Top: Here's How

Dogecoin's chart reflects a similar trajectory, with the price ascending sharply and maintaining its strength above the moving averages. The 50-day moving average has been a strong support level, which could fuel further price gains if the positive momentum continues. Both charts signify the "unstoppable growth" sentiment that meme coins have managed to capture.

As meme coins rally, powered by virality and community hype, there is a nonzero chance that they could surpass Cardano's market cap, especially if the current growth trajectory continues. While this prospect may alarm some investors and delight others, it is essential to recognize the volatile and often unpredictable nature of meme coin movements, which can be as rapid in their decline as they are in their ascent.