Cardano's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cardano's (CRYPTO: ADA) price has increased by 3.82% in the last 24 hours to $0.32, and by over 11% in the past week. The trading volume for the coin has climbed 130% over the past week, while the circulating supply has decreased by 0.9% to 34.93 billion. The current market cap ranking for ADA is #9 at $11.20 billion.
November 03, 2023 | 3:00 pm
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POSITIVE IMPACT
Cardano's price has seen a significant increase in the past week, with a 3.82% rise in the last 24 hours. The trading volume has also increased by 130% over the past week.
The increase in Cardano's price and trading volume indicates a positive market sentiment towards the coin. The decrease in circulating supply could also be contributing to the price increase as it creates a supply-demand imbalance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100