Shiba Inu Surpasses Cardano in Market Capitalization

柴犬市值超過卡爾達諾

In recent weeks, the memecoin market has witnessed a significant surge, with Shiba Inu (SHIB) dethroning Cardano (ADA) from the top 10 cryptocurrencies by market value.

最近幾週，memecoin 市場出現了大幅成長，柴犬 (SHIB) 將卡爾達諾 (ADA) 從市值排名前 10 的加密貨幣中取代。

Cardano, which ranked third during the 2020-2021 bull market, now finds itself in 11th place, following SHIB. As of today, SHIB boasts a market capitalization of $16.4 billion, while Cardano's stands at $16.3 billion.

卡爾達諾在 2020-2021 年牛市期間排名第三，現在排名第 11 位，僅次於 SHIB。截至目前，SHIB 的市值為 164 億美元，而卡爾達諾的市值為 163 億美元。

Cardano's current price of $0.45 is 80% below its all-time high of $3.10, stagnating within a narrow price range similar to Ripple. This stagnation contrasts with the strong recovery and ATH performance of both Bitcoin and other altcoins.

卡爾達諾目前的價格為 0.45 美元，比歷史高點 3.10 美元低 80%，與 Ripple 類似，停滯在狹窄的價格區間內。這種停滯與比特幣和其他山寨幣的強勁復甦和 ATH 表現形成鮮明對比。

Meanwhile, the memecoin frenzy continues. Pepecoin (PEPE) has risen to 18th place, surpassing Polygon. However, its price has since corrected, dropping back to 19th place. Dogwifhat (WIF), another popular memecoin, has reclaimed a market value of $4 billion, placing it in 28th position.

與此同時，模因幣的狂熱仍在繼續。 Pepecoin (PEPE) 已上升至第 18 位，超過 Polygon。然而，其價格隨後出現調整，回落至第 19 位。另一種流行的迷因幣 Dogwifhat (WIF) 的市值已達 40 億美元，排名第 28 位。

Notably, Dogecoin (DOGE) and SHIB, two prominent memecoins, currently occupy the top 10 crypto rankings, with a combined market capitalization of $23.8 billion.

值得注意的是，狗狗幣（DOGE）和 SHIB 這兩個著名的迷因幣目前佔據加密貨幣排行榜前 10 名，總市值達 238 億美元。

The current memecoin bull run represents a significant departure from previous bull cycles. Unlike the OG memecoin DOGE and SHIB's popularity in the last bull run, the current surge is fueled by a new generation of memecoins that have emerged within the past year.

目前的 memecoin 牛市與之前的牛市週期有很大不同。與 OG memecoin DOGE 和 SHIB 在上次牛市中的受歡迎程度不同，當前的飆升是由去年出現的新一代 memecoin 推動的。

These new projects, such as Pepecoin, WIF, Book of Meme (BOME), have consistently outperformed Bitcoin and other altcoins, recording double-digit gains and reaching new peaks. Six of the top 10 gainers in the last 24 hours and the weekly charts reflect the dominance of memecoins in the current market landscape.

Pepecoin、WIF、Book of Meme（BOME）等新項目的表現一直優於比特幣和其他山寨幣，錄得兩位數漲幅並創下新高。過去 24 小時內漲幅最大的 10 個幣中有 6 個以及週線圖反映了 memecoin 在當前市場格局中的主導地位。