Cardano Up More Than 10% In 24 hours
Portfolio Pulse from Benzinga Insights
Cardano (CRYPTO: ADA) has seen a significant increase of 10.32% in its price over the past 24 hours, reaching $0.53. This uptrend extends over the past week with an 8.0% gain from $0.49. The coin's trading volume has surged by 47.0% in the same period, despite a slight decrease in circulating supply. Cardano's market cap now ranks #9 at $18.65 billion.
February 08, 2024 | 3:02 pm
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Cardano (ADA) has experienced a 10.32% price increase in the last 24 hours, reaching $0.53, with a week-long gain of 8.0%. The trading volume has increased by 47%, and the market cap is now $18.65 billion.
The significant price increase and trading volume surge indicate strong investor interest and positive market sentiment towards Cardano. The increase in market cap and the coin's performance over the past week suggest a bullish short-term outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100