Cardano, the brainy blockchain that once sat comfortably in the top 10, has been nudged out of its cozy spot. And who's the new kid on the block? None other than the meme-fueled rockets – Dogecoin and Shiba Inu.

Now, I know what you're thinking. "Memes? Really?" But hear me out. These aren't just any memes; they're Memecoins, and they're taking the crypto scene by storm. Dogecoin, the original joke coin with a dog's face that made us all chuckle, is now sitting pretty with a whopping $23.8 billion market cap. And Shiba Inu, the feisty newcomer, isn't far behind with a cool $16.4 billion¹.

So, where does that leave Cardano? Well, it's trailing just a smidge at $16.3 billion, trading at $0.45, which is a steep drop from its all-time high of over $3.10. It's like watching a high-flying rocket come back down to Earth. But don't count it out just yet; Cardano's got some tricks up its sleeve, and it's not one to stay down for long.

In the meantime, the memecoin mania is showing no signs of slowing down. These digital jesters are not only thriving but soaring to new heights, making double-digit gains while the rest of the market watches in awe. Six out of the top 10 gainers recently? You guessed it – Memecoins.

So, what's the moral of the story? Never underestimate the power of a good meme. They might just be the dark horses of the crypto race, leaving even the mightiest of coins in their playful dust. Keep your eyes peeled, folks – the crypto world is full of surprises! 🚀

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