Cardano Rises More Than 8% In 24 hours
Portfolio Pulse from Benzinga Insights
Cardano (ADA) has seen a significant price increase of 8.37% in the last 24 hours, reaching $0.69. Over the past week, ADA's price has risen over 17%, from $0.60. The coin's trading volume surged by 263% over the week, while its circulating supply slightly decreased by 0.11%, now standing at 35.16 billion coins. Cardano's market cap is currently ranked #9 at $24.31 billion.
February 29, 2024 | 3:00 pm
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Cardano's price increased by 8.37% in the last 24 hours, reaching $0.69, with a weekly increase of over 17%. The trading volume has seen a significant rise of 263%, and the circulating supply has slightly decreased.
The significant increase in Cardano's price over the past 24 hours and week, coupled with a substantial rise in trading volume and a slight decrease in circulating supply, indicates strong market interest and potential for further gains. The increase in trading volume suggests heightened activity and interest in ADA, which could continue to drive the price upward in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100