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Which Crypto Will Hit An ATH First?

Simon Osuji by Simon Osuji
May 13, 2025
in Business
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Which Crypto Will Hit An ATH First?
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The cryptocurrency market is currently trading at mellow spots, showing signs of positive resurgence as the US president Donald Trump’s trade war dilemma seeks a positive settlement. The token market is currently showing signs of gradual ascent, with Bitcoin hovering at $ 101K-$103 K price levels. At the same time, Bitcoin as a legitimate asset class is also gaining credible momentum, giving the cryptocurrency market a solid boost. In this wake, coins like Cardano (ADA) and Dogecoin (DOGE) are awaiting a significant price push, standing in the queue to hit new price milestones in the process. But which coin will hit an ATH out of the two first? Let’s find out.

Also Read: BlackRock & SEC Clash Over Cardano’s Aggressive Pivot

Cardano: New Developments

Cardano logo with price chart overlay showing upward trendCardano logo with price chart overlay showing upward trend
Source: Ecos

Cardano and Dogecoin are the two leading tokens of the cryptocurrency market. ADA is currently in the process of upgrading its network and is awaiting a new network push, which the Leios upgrade will be bringing in. This upgrade is set to bring Solana-like speed to Cardano, introducing fast processing and output for ADA to process.

BREAKING NEWS:

CARDANO’S LEIOS UPGRADE TO OVERTAKE SOLANA’S TRANSACTION SPEED 😱😱@IOHK_Charles says the Leios upgrade will elevate Cardano’s transaction speed to compete with and potentially surpass Solana while maintaining decentralization.

This breakthrough tackles the… pic.twitter.com/LpjeRuErPj

— Mintern (@MinswapIntern) April 21, 2025

In addition to this, Cardano is also working towards launching Midnight, a new sidechain that is set to popularize the concept of RWA expansion on blockchain.

JUST IN: #Cardano $ADA Founder Charles Hoskinson says “Midnight will give privacy and selective disclosure to Bitcoin and L1s that do smart contracts, super valuable for RWAs and for bringing $20T waiting on the sidelines. Midnight will launch with a lot of cross-chain apps.” pic.twitter.com/G5cVf8Vh1f

— Angry Crypto Show (@angrycryptoshow) December 11, 2024

Also Read: University of Brighton Professor Predicts Ripple (XRP) to Reach $6.10

Dogecoin: New Developments

Dogecoin doge moneyDogecoin doge money
Source: Watcher Guru

Similarly, Dogecoin is also charting its own special price trajectory and is working its way to the top of the market radar. Doge is currently part of the rising ETF narrative, with companies like Grayscale and Bitwise vying for a Dogecoin ETF. The US SEC is expected to deliver the verdict on approvals of the Doge ETF soon. This development is crucial for Dogecoin as it may usher in new capital inflows, enabling the token to surge and spark new price rallies in the process.

JUST IN: $DOGE ETF filed with the 🇺🇸SEC 🔥 pic.twitter.com/FdjDdnfWU0

— Chandler⚡️ (@ChandlerCharts) January 21, 2025

In addition to this, DOGE is also part of a speculative regimen, stating how it may soon be embedded in X money. If this speculation comes true, this is another instance that can help DOGECOIN surge to new price spots.

💰 BREAKING: Elon Musk says if done right, X will become half of the global financial system.

D.O.G.E + X payments = $DOGE 💥🚀🌙 pic.twitter.com/TicTznrYLP

— Tesla Model Ðoge (@TeslaModelDoge) November 3, 2024

Which Token Will Hit an ATH First: Technical Perspective

Per CoinCodex, out of the two tokens, Cardano seems to be the one hitting a high price mark before Dogecoin.

ADA STATSADA STATS
Source: CoinCodex

While Dogecoin is ending May on a slightly bearish note, stable at $0.19, ADA, on the other hand, will be stable at $0.72.

DOGE STATSDOGE STATS
Source: CoinCodex

By November, ADA may claim a $0.86 price mark.

ADA STATSADA STATS
Source: CoinCodex

Dogecoin, on the other hand, may sit at $0.18. However, these numbers may change depending on the dynamic market changes and recovery points.

DOGE STATSDOGE STATS
Source: CoinCodex

Also Read: Eric Trump’s Bitcoin Firm to Go Public in New Nasdaq Merger Deal

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