Cardano has been struggling in the market over the last few weeks, completely erasing its gains from March. This continuous decline has put the digital asset in a perilous position as it has dropped drastically on the list of the top 10 cryptocurrencies by market cap.

過去幾週，卡爾達諾在市場上一直舉步維艱，完全抹去了三月以來的漲幅。這種持續下跌使該數位資產處於危險境地，因為它在市值排名前 10 名的加密貨幣名單中大幅下滑。

Cardano Bows Out To Toncoin And Dogecoin

The first negative headwinds for Cardano began to blow when Toncoin, a cryptocurrency enjoy serious backing from Telegram, began to rise. As the Toncoin price rose, so did its market cap and in not time it was on its way to knocking a number of assets from their positions.

卡爾達諾向 Toncoin 和狗狗幣低頭 當受到 Telegram 大力支持的加密貨幣 Toncoin 開始上漲時，卡爾達諾的第一個負面阻力開始襲來。隨著 Toncoin 價格的上漲，其市值也隨之上漲，並且很快就將許多資產從其部位中剔除。

After beating Dogecoin, the Toncoin price continued to rise, reaching over $7. At this time, its market cap had jumped above $20 billion. This quickly placed it ahead of Cardano and then Dogecoin as it enjoyed a massive rally.

相關閱讀：加密貨幣分析師公佈了狗狗幣和 XRP 的 12-15 個月預測 在擊敗狗狗幣後，Toncoin 價格繼續上漲，達到 7 美元以上。此時，其市值已突破200億美元。這很快就使其領先於卡爾達諾，然後是狗狗幣，因為它享受了大規模的反彈。

Next up was Dogecoin coming for Cardano’s spot on the top 10 list. Dogecoin began to see more upside as Elon Musk tweeted about the meme coin once again. Dogecoin’s price rose above $0.2 before being rejected at this level. However, it continues to trend high, maintaining most of its gains from March, and its market cap above $20 billion.

接下來是狗狗幣，它將取代卡爾達諾進入前十名。隨著馬斯克再次在推特上談論狗狗幣，狗狗幣開始看到更多上漲的空間。狗狗幣的價格在被拒絕之前上漲到 0.2 美元以上。不過，該股仍繼續走高，維持了 3 月以來的大部分漲幅，市值超過 200 億美元。

Cardano, on the other hand, has suffered crash after crash, bringing its price back down to $0.46. At its current price, its market cap is sitting at approximately $16.5 billion, putting it well below the likes of Toncoin and Dogecoin.

另一方面，卡爾達諾經歷了一次又一次的暴跌，使其價格回落至 0.46 美元。以目前價格計算，其市值約為 165 億美元，遠低於 Toncoin 和 Dogecoin 等貨幣。

Shiba Inu Wants 10th Spot

Despite the market being on a recovery trend, it seems the worse is far from over for Cardano. After falling behind Dogecoin and Toncoin, Cardano is currently the 10th largest cryptocurrency in the market, down four spots from 6th about a year ago.

柴犬想要第十名儘管市場正處於復甦趨勢，但卡爾達諾的最糟糕情況似乎還遠未結束。在落後於狗狗幣和通幣之後，卡爾達諾目前是市場上第十大加密貨幣，比大約一年前的第六位下降了四位。

This time around, the coin is seeing steep competition from Shiba Inu, which currently occupies the 11th position on the list. Currently, Cardano’s market cap is only around 30% higher than that of Shiba Inu, which sits at $13.4 billion compared to $16.5 billion for ADA.

相關閱讀：加密貨幣分析師預測 XRP 價格將上漲 33,000%——這是目標這一次，該幣正面臨來自 Shiba Inu 的激烈競爭，目前 Shiba Inu 在榜單上排名第 11 位。目前，Cardano 的市值僅比 Shiba Inu 的市值高 30% 左右，Shiba Inu 的市值為 134 億美元，而 ADA 的市值為 165 億美元。

Now, given the positive headwinds predicted for the Shiba Inu price, it may not be long until SHIB claims the 10th spot. With the Bitcoin halving happening and Shiba Inu’s track record following a halving event, the meme coin could see an over 100% increase from here.

現在，考慮到柴犬價格的積極阻力，SHIB 可能很快就會奪得第十名。隨著比特幣減半的發生以及柴犬在減半事件後的記錄，迷因幣可能會從這裡看到超過 100% 的漲幅。

For Cardano to maintain its spot, it would have to rise rapidly alongside SHIB. However, if it fails to do so, Cardano could fall out of the top 10 cryptocurrencies by market cap for the first time in over three years.

卡爾達諾要保持其地位，就必須與 SHIB 一起迅速崛起。然而，如果不這樣做，卡爾達諾可能會在三年多來首次跌出市值排名前十的加密貨幣。

ADA price trending at $0.47 | Source: ADAUSDT on Tradingview.com

ADA 價格趨勢為 0.47 美元 |資料來源：Tradingview.com 上的 ADAUSDT 精選圖片來自 Times Tabloid，圖表來自 Tradingview.com