Altcoin Season: When the Meme Coins Rise

Cardano Founder’s Prediction

Charles Hoskinson, the founder of Cardano, believes the altcoin season will begin when Dogecoin (DOGE) surpasses Cardano (ADA) in market cap.

DOGE vs. ADA

DOGE and ADA are currently neck-and-neck, ranked 8th and 9th in market cap. DOGE briefly surpassed ADA on March 5th, but ADA regained its position after Bitcoin’s correction.

Meme Coins on the Rise

Hoskinson’s prediction suggests he’s keeping an eye on the charts. Meme coins like DOGE and Shiba Inu (SHIB) have been outperforming utility tokens recently.

Solana’s Meme Coins

Solana-based meme coins like WIF and BONK have also seen significant gains, with WIF climbing to the 54th spot in market cap and BONK entering the top 50.

Myro: A Potential Contender

Myro, another meme coin, is also gaining traction and could potentially join the billion-dollar market cap club soon.