Cryptocurrency Cardano Decreases More Than 4% Within 24 hours
Cardano's (CRYPTO: ADA) price has decreased 4.08% over the past 24 hours to $1.12, continuing its downward trend over the past week of -18.0%, moving from $1.36 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.
The trading volume for the coin has climbed 51.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.61%. This brings the circulating supply to 32.07 billion, which makes up an estimated 71.26% of its max supply of 45.00 billion. According to our data, the current market cap ranking for ADA is #7 at 35.59 billion.
Where Can You Buy Cardano?
If you are interested in purchasing Cardano or want to learn more about it, follow this link to Benzinga Money. Our Benzinga Money team has in-depth educational content that not only explains the details of the coin itself but also how and where you can purchase it.
Do you want to learn more about trading and be able to analyze your own portfolio of stocks or cryptocurrencies? Consider signing up for Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy. You can follow the link here to visit.
This post contains affiliate links from which Benzinga may earn a commission.
This article was generated by Benzinga's automated content engine and reviewed by an editor.