[SilasX]

Yes, others have, but interestingly, Cardano (ADA) held up well. Even though it dipped, it's still up 20% over the past week and is #4 by market cap.

[ComputerGuru]

Cardano is actually more subtle than that: it simultaneously tanked because of the whole BTC thing but it also got good (and clearly carefully coordinated) press as a “greener” alternative to BTC as a result of the self-same crash, which boosted its price.

[HeadsUpHigh]

Just keep in mind that those who move to the coins that pump during a dump tend to put stop losses. So these coins end up dumping harder later on.

[acchow]

I think people are switching to Cardano because it has lower environmental impact (proof of stake) than others. The Tesla announcement was about the environmental cost of Bitcoin after all.

[Slartie]

I'd say this observation might be correct, on the basis that the Tesla announcement also sent the lesser-known NANO currency up by about 60-80%, which uses PoS as well.