#meme_coin Memecoin mania has seen another bull run in recent weeks, with Pepe 

Dogwifhat (WIF) and several others reaching new all-time highs (ATH). Many of these memecoins have dethroned several heavyweights in the crypto market.

Cardano once ranked third in the cryptocurrency rankings during the 2020-21 bull run, is currently ranked 11th after SHIB. Shiba Inu currently has a market cap of $16.4 billion, while Cardano's market cap is $16.3 billion.

Cardano is trading at $0.45, more than 80% below its all-time high of over $3.10. At a time when Bitcoin