Cardano was also among the underperformers, falling 7% since Monday.

<div><div><div><p><a href="https://www.coindesk.com/indices/" rel="nofollow">CoinDesk Indices</a> presents its daily market update, highlighting the performance of leaders and laggards in the <a href="https://www.coindesk.com/indices/cd20/" rel="nofollow">CoinDesk 20 Index</a>.</p></div></div><div><div><p>The CoinDesk 20 is currently trading at 2591.55, down 2.9% (-76.88) since 4 pm on Monday.</p></div></div><div><div><p>Three of 20 assets are trading higher.</p></div></div><div><div><p>Leaders: XLM (+4.2%) and XRP (+3.4%).</p></div></div><div><div><figure><picture><source></source><source></source><source></source><source></source><source></source><source></source><img src="https://www.coindesk.com/resizer/OYKpmg4MGJ1JuPIVjYe-GwbwFf4=/560x420/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/25YZHWJUYZHAVN7QFWPJM4NRZ4.jpg" alt="9am CoinDesk 20 Update for 2024-11-12: leaders"></picture><figcaption><span></span></figcaption></figure></div></div><div><div><p>Laggards: POL (-7.7%) and ADA (-7.0%).</p></div></div><div><div><figure><picture><source></source><source></source><source></source><source></source><source></source><source></source><img src="https://www.coindesk.com/resizer/R8y3peF6tKXYleatWdMer5I0o00=/560x420/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/DYYMCECCO5B2HF7LN3THBEGUCU.jpg" alt="9am CoinDesk 20 Update for 2024-11-12: laggards"></picture><figcaption><span></span></figcaption></figure></div></div><div><div><p>The <a href="https://www.coindesk.com/indices/cd20/" rel="nofollow">CoinDesk 20</a> is a broad-based index traded on multiple platforms in several regions globally.</p></div></div><div><p>Edited by Stephen Alpher.</p></div></div><div><div><div><div></div></div></div></div><div><div><div></div></div></div>

CoinDesk 20 Performance Update: POL Declines 7.7%, Leading Index Lower

The value of Cardano (ADA) has increased significantly in recent days. The asset has increased by 77.4% on weekly charts, 78% on 14-day charts, 68.1% on monthly charts, and 57.8% on the yearly charts....

Cardano Rallies 78%, Outperforming Bitcoin: New Peak Soon?

A week has passed since the US election last Tuesday, and Trump's overwhelming victory has also confirmed Musk's status as the primary contributor. Coins related to Musk have also begun to skyrocket, the most prominent being the first token that Musk has publicly <shill>ed: Doge (DOGE).

Since November 5th, Doge has risen by more than 170%, including a 45% increase today, with its market capitalization officially exceeding $60 billion, currently ranking 6th in the market capitalization ranking, firmly occupying the "largest meme coin" throne.

Over the past 7 days...

After rising for 7 consecutive days, Dogecoin’s market value has exceeded 60 billion US dollars. Will it continue to rise?

Bitcoin is up more than 9% on the day following strong institutional demand and sustained interest in US spot Bitcoin ETFs in recent weeks.