In the last 24 hours, the price of Cardano (CRYPTO: ADA) has fallen by 4.26% to $0.37. This move is contrary to the positive trend it followed last week, when it recorded gains of 12.00%, moving from $0.33 to its current price.
The chart below compares Cardano’s price movement and volatility over the past 24 hours (left) with the price movement over the past week (right). The grey bands are Bollinger Bands, which measure the volatility of daily and weekly price movements. The wider the bands or the larger the grey area at a given point in time, the higher the volatility.
Cardano’s trading volume has climbed by 45.00% over the past week, moving directionally in parallel with the coin’s total circulating supply which is up by 0.21%. This brings the circulating supply up to 35.63 Billion, which is an estimated 79.18% of its maximum supply of $45.00 Billion. According to our data, by market cap, ADA is currently ranked #12 at 13.24 Billion.
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Via CoinGecko API
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