Cardano & Dogecoin Crash 10%+ in a Week—Who Recovers Faster?
Crypto markets just took another hit—and two fan favorites got hammered hardest. Cardano and Dogecoin both plunged over 10% in seven days, leaving traders scrambling. Here’s the real question: Which one bounces first?
Cardano’s smart contract ambitions vs. Dogecoin’s meme-fueled hype—both are bleeding, but one’s got stronger fundamentals. Or at least, that’s what the bagholders keep telling themselves.
Meanwhile, Wall Street ‘experts’ still can’t decide if crypto’s a revolution or a Ponzi scheme. Maybe both?
Cardano And Dogecoin Suffer The Brunt Of The Market Blow
DOGE’s price has fallen 2.2% in the daily charts, 10% in the weekly charts, 10.7% in the 14-day charts, and 19.9% over the previous month. Despite the massive dip, the memecoin is up 28.5% since June 2024.
Like Dogecoin (DOGE), ADA is also facing quite a correction at the moment. The asset is down 1.8% in the daily charts, 10.1% in the weekly charts, 8.4% in the 14-day charts, and 15.1% in the monthly charts. ADA has maintained some healthy gains over the last year. The asset is up 53.4% since June 2024.
The latest market dip comes after President Trump left a summit of global leaders. The President then posted on Truth Social that everyone should evacuate Tehran. Many anticipate an escalation of the Israel-Iran conflict. A rise in military deployment could lead to more volatility in the crypto market.
Which Asset May Recover First?
According to Changelly, dogecoin (DOGE) will climb to $0.226 on July 12. DOGE’s price will rally by 30.6% if it hits the $0.226 target.
Like for Dogecoin (DOGE), Changelly also expects Cardano (ADA) to rally over the next few weeks. The platform anticipates the asset to hit $0.804 on July 12. ADA’s price will rally by about 27% if it hits the $0.0804 target.
According to Changelly’s estimates, Dogecoin (DOGE) will make a bigger recovery over the next few weeks.