Cardano Decreases More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cardano (ADA) has experienced a significant price drop of 5.04% in the past 24 hours, continuing a week-long decline of 10%. Trading volume has surged by 113%, while circulating supply has slightly decreased. ADA's market cap is currently ranked #11 at $14.91 billion.
June 11, 2024 | 7:00 pm
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NEGATIVE IMPACT
Cardano (ADA) has seen a 5.04% price drop in the last 24 hours, continuing a week-long decline of 10%. Trading volume has increased by 113%, while circulating supply has decreased by 0.77%.
The significant price drop and increased trading volume indicate heightened market activity and potential investor concern. The decrease in circulating supply could also impact price dynamics.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100