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Cardano Ecosystem

Elevenews

08/30/2023

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Cardano Decreases More Than 5% Within 24 hours - ELEVENEWS

Cardano’s (CRYPTO: ADA) price has decreased 5.81% over the past 24 hours to $0.26, continuing its downward trend over the past week of -0.0%, moving from $0.26 to its current price. The chart below compares...

Cardano Decreases More Than 5% Within 24 hours - ELEVENEWS

Cardano’s (CRYPTO: ADA) price has decreased 5.81% over the past 24 hours to $0.26, continuing its downward trend over the past week of -0.0%, moving from $0.26 to its current price.

The chart below compares the price movement and volatility for Cardano over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Cardano’s trading volume has climbed 85.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.23%. This brings the circulating supply to 35.05 billion, which makes up an estimated 77.88% of its max supply of 45.00 billion. According to our data, the current market cap ranking for ADA is #8 at $9.21 billion.

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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