CoinEdition
Published May 23, 2021 03:30AM ET
Updated May 23, 2021 04:00AM ET
Cardano (ADA) Flips Binance Coin (BNB) to Take Fourth Spot
Cardano has flipped Binance Coin (BNB) to claim the crypto fourth place. Also, Cardano (ADA) attained a new all-time high (ATH) despite the market shakedown last week.
In fact, Cardano was down 33.1% over the last week and fell 40.9% in total from its May 16 $2.25 ATH. In comparison, BNB declined 47.7% in the same timeframe causing the crypto to lose ground to ADA.
Notably, Cardano achieved these milestones in the midst of a crypto market-wide slump. For instance, the entire crypto market fell by over 30%. At the same time, Bitcoin price fell to just above $33,000, the crypto’s lowest price since February.
For this reason, ADA’s recent performance is all the more impressive. The bullish altcoin continues to thrill fans by breaking records and through its development.
In fact, th...
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