Cardano Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cardano (ADA) has experienced a 3.95% price drop in the last 24 hours, continuing a week-long decline of 7%. Trading volume has decreased by 9% while circulating supply increased slightly. ADA's market cap is ranked #12 at $11.26 billion.
September 06, 2024 | 3:02 pm
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Cardano's price has decreased by 3.95% in the last 24 hours, continuing a week-long decline of 7%. Trading volume has decreased by 9% while circulating supply increased slightly. ADA's market cap is ranked #12 at $11.26 billion.
The continued decline in Cardano's price, along with decreased trading volume, suggests negative sentiment and potential further short-term price drops. The increase in circulating supply may also contribute to downward pressure.
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