Cardano's Price Increased More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cardano's (ADA) price has increased 4.94% in the past 24 hours to $0.28, despite a 25% loss over the past week. The trading volume has increased 231% over the past week, and the current market cap ranking for ADA is #8 at $9.83 billion.
June 12, 2023 | 3:00 pm
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POSITIVE IMPACT
Cardano's price increased 4.94% in 24 hours, recovering from a 25% loss over the past week. Trading volume increased 231% and market cap ranks #8 at $9.83 billion.
Cardano's price has increased 4.94% in the past 24 hours, indicating a positive short-term impact on its price. The increase in trading volume and market cap ranking also supports this positive impact. However, the recent 25% loss over the past week should be considered when evaluating the overall short-term trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100