Cardano Up More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Cardano (ADA) has seen a 5.16% price increase in the past 24 hours, continuing a positive trend with a 5.0% gain over the past week. Despite the price rise, trading volume has decreased by 43.0% over the past week, and the circulating supply has decreased by 1.01%. Cardano's current market cap is $13.96 billion, ranking it #11.
June 25, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Cardano (ADA) has experienced a 5.16% price increase in the past 24 hours and a 5.0% gain over the past week. However, trading volume has decreased by 43.0% over the past week, and the circulating supply has decreased by 1.01%.
The price increase of Cardano (ADA) indicates positive market sentiment, which is likely to drive short-term price gains. However, the decrease in trading volume and circulating supply may temper the extent of the price rise.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100