Cardano's Price Increased More Than 7% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cardano's (CRYPTO: ADA) price has increased by 7.11% over the past 24 hours to $0.31. Over the past week, ADA has seen an uptick of over 7.0%, moving from $0.29 to its current price. The trading volume for the coin has climbed 9.0% over the past week, while the overall circulating supply of the coin has decreased 0.63% to 34.92 billion, which makes up an estimated 77.61% of its max supply of 45.00 billion. The current market cap ranking for ADA is #9 at $10.75 billion.
November 02, 2023 | 3:00 pm
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Cardano's price has increased by 7.11% over the past 24 hours. The trading volume for the coin has climbed 9.0% over the past week, while the circulating supply has decreased 0.63%.
The increase in Cardano's price and trading volume, coupled with a decrease in circulating supply, indicates a positive demand for the coin. This could potentially lead to further price increases in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100