$ADA is back above $DOGE after a brief flippening spurred by Twitter's Doge meme logo change
, Cardano's native cryptocurrency, has regained its position above Dogecoin in terms of market capitalization following a brief flippening.
The meme coin experienced a wild rally on Monday after Twitter replaced its iconic bird logo with the popular Doge meme, causing a surge in interest in the digital asset.by nearly 2,000%, as revealed by a report on Tuesday. The surprising move by Twitter sparked a frenzy among Dogecoin enthusiasts, resulting in a massive price increase that temporarily pushed DOGE above Cardano.However, the rally stalled, and Cardano's ADA managed to climb back to its previous ranking.
According to CoinGecko data, Cardano now holds the 7th position with a market cap of $13.87 billion, while Dogecoin sits at 8th place with a market cap of $13.54 billion. While Dogecoin's momentary surge brought excitement to its community, it remains to be seen if the meme coin can maintain its momentum in the long run.
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