Cardano Up More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Cardano (ADA) has seen a 4.68% price increase in the past 24 hours, reaching $0.41, despite a 4.0% loss over the past week. The trading volume has decreased by 5.0%, and the circulating supply has fallen by 0.09%. Cardano's market cap is currently $14.69 billion, ranking it #11.
July 26, 2024 | 3:02 pm
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Cardano (ADA) has experienced a 4.68% price increase in the past 24 hours, reaching $0.41. Despite this short-term gain, the coin has seen a 4.0% loss over the past week. Trading volume and circulating supply have both decreased.
The short-term price increase of 4.68% is a positive indicator for Cardano (ADA), suggesting a potential upward trend. However, the decrease in trading volume and circulating supply may temper this optimism. Overall, the short-term impact is likely positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100