Cardano Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Cardano (ADA) has fallen by 3.93% in the past 24 hours to $0.43, despite a 9.0% uptrend over the past week. Trading volume increased by 23.0% over the week, and the circulating supply rose by 0.15% to 35.57 billion. ADA's market cap is $15.35 billion, ranking it #11.
July 18, 2024 | 3:00 pm
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Cardano (ADA) has experienced a 3.93% price drop in the past 24 hours to $0.43, despite a 9.0% increase over the past week. Trading volume has surged by 23.0%, and the circulating supply has slightly increased to 35.57 billion. ADA's market cap is $15.35 billion, ranking it #11.
The 3.93% drop in Cardano's price over the past 24 hours is a significant short-term negative movement, despite the positive trend over the past week. The increased trading volume suggests heightened market activity, but the immediate price drop is likely to concern investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100