Cardano Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Cardano (ADA) has seen a 3.77% price increase over the past 24 hours, reaching $0.45, despite a 4.0% loss over the past week. The trading volume has decreased by 40.0% over the past week, and the circulating supply has slightly decreased to 35.35 billion, which is 78.55% of its max supply. Cardano's market cap is currently ranked #11 at $15.79 billion.
May 15, 2024 | 7:01 pm
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Cardano (ADA) has experienced a 3.77% price increase in the past 24 hours, reaching $0.45. This is a positive short-term movement despite a 4.0% loss over the past week. The trading volume has decreased by 40.0% over the past week, and the circulating supply has slightly decreased to 35.35 billion. Cardano's market cap is currently ranked #11 at $15.79 billion.
The 3.77% price increase in the past 24 hours is a positive short-term indicator for Cardano (ADA), despite the overall weekly loss. The decrease in trading volume and slight reduction in circulating supply may indicate a consolidation phase, but the immediate price movement is upward.
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IMPORTANCE 80
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