It's a CLEAN-UP, and I'm loving it!

It's a CLEAN-UP, and I'm loving it!

By Dofirst_doofus | Doofus | 12 Sep 2021


Like they usually say, only the best come out of a bear market, this mini bear market (a correction : Yes, I'm a bull) we had is literally cleaning up the Crypto market, and the real gems are rising in Market Cap rankings

1) Cardano beats BNB

Binance had a rough couple of months. Countries after countries took actions against them. Add Alonzo hard fork from Cardano, which helped it reach new All Time Highs, and we have a new 3rd position here: ADA!

2) Doge down from 6 to 9

Unlimited supply, no real life use case, and massive growth in 2021 already; we all knew that Doge had to go down some time. Today, as I'm writing this, Dot seems to have given another blow to Doge taking the 8th place, when it was already overtaken by Solana which currently sits at 6th position.
Bonus point: Shiba Inu down to 55: Oh man, Shiba was cute!

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3) Ethereum Classic and Polygon Out of Top 20

Ethereum Classic was the Old, non-updated version of Ethereum. It just had to go, but somehow it stayed. It was the first one to go out of the Top 20 after the reversal began: but it wasn't the only one. Polygon/Matic seems to have hit a blow too. Earlier it was competing with Cardano for the prices, but even after Cardano was creating new ATHs, Polygon hasn't moved much. A reason I suspect could be that Eth2.0 could essentially do the functions of Polygon, although Polygon was created to co-exist with ETH. It currently sits at 22.
Algorand and Avalanche have risen to the Top 20 to replace them!

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4) The Big 2

There's no change at the Top. Bitcoin sits comfortably at the 1st position, and Ethereum at 2nd. But for how long can Bitcoin hold on to its top spot? Can Ethereum ever flip the Big Daddy from its perch?


Thanks for reading till the End
PS: This is not Financial Advice
Cheers 😊

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