Cardano Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Cardano (ADA) experienced a 3.63% increase in price over the last 24 hours, reaching $0.56. This rise is part of a larger trend, with a 14.0% gain over the past week from $0.49. The coin's all-time high is $3.09. Trading volume has increased by 64.0% in the past week, while the circulating supply decreased by 0.15%, now at 35.13 billion, 78.06% of its max supply. Cardano's market cap ranks it #9 at $19.69 billion.
February 12, 2024 | 7:01 pm
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Cardano (ADA) saw a 3.63% price increase in the last 24 hours, reaching $0.56, with a 14.0% gain over the past week. The trading volume for ADA has increased by 64.0%, and its market cap is now $19.69 billion, ranking it #9.
The positive price movement of Cardano (ADA) over the past 24 hours and week indicates strong market momentum, likely attracting more investor interest. The increase in trading volume suggests heightened activity and interest in ADA, potentially leading to further price increases in the short term. The slight decrease in circulating supply, while demand is increasing, could also contribute to upward price pressure.
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