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Dogecoin replaces Cardano as the sixth largest cryptocurrency

Rising to six-month highs, DOGE has replaced Ethereum competitor Cardano’s native token ADA as the sixth largest cryptocurrency in the world. At press time, DOGE, which was started as a joke in 2013, had a market cap of about $17.5 billion, while ADA had a market cap of $14.5 billion. DOGE’s market capitalization currently exceeds the market capitalization of more than 120 members of the S&P 500.