Cardano can regain its lost ranking in short- to midterm
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Market observers believe if the price of ADA continues to grow steadily, it will only take a little while before it flips TRON, whose market cap has dipped by 5.04% following a drop in price to $0.1562.Can Chang hard fork prove potential game-changer? Given this data, the difference in market cap between the current holders in the 10th and 11th places is about $252.52 million. Thus, understandably, a continued price increase for ADA could see it jump back into the top 10 assets club.
Dogecoin has registered a 1.72% price increase and trades at $0.1059 with a market cap of $15.44 billion to retain 9th place. For Cardano to cause an upset in DOGE, analysts say its price must continue on its present bullish path.launch, which is expected anytime from today, might act as a bullish factor to drive up the price. The Chang hard fork will upgrade the Cardano network with the latest version of its validator node, Node 9.1, on Aug. 27.
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