Cardano's Price Increased More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cardano's (CRYPTO: ADA) price has increased by 4.59% in the last 24 hours, reaching $0.42, continuing a positive trend with a 7.0% gain over the past week. The trading volume has risen by 52.0%, while the circulating supply has decreased by 0.7%. Cardano's market cap is currently ranked #9 at $14.61 billion.
December 05, 2023 | 7:00 pm
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Cardano's (ADA) price has risen 4.59% to $0.42 over the past 24 hours, with a 7% increase over the week, and a spike in trading volume by 52%. The circulating supply has slightly decreased.
The positive price movement and increased trading volume indicate strong investor interest and market momentum for Cardano, which could lead to further short-term gains. The decrease in circulating supply may also contribute to upward price pressure due to reduced availability.
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