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Cardano Founder: ADA Is Still a Top Crypto Despite Volatility


by CoinEdition
Cardano Founder ADA Is Still a Top Crypto Despite Volatility
  • Cardano’s price is $0.352889, with a market cap of $12.34 billion, despite a 41.97% drop in derivatives trading volume.
  • Despite market volatility, 72% of Cardano holders have held their positions for over a year, showing strong long-term belief.
  • Cardano’s RSI at 56.05 indicates a mild bullish trend, while the MACD hints at a potential crossover for a bullish reversal.

Cardano founder Charles Hoskinson took to X to reaffirm his belief in Cardano (ADA) as a top cryptocurrency. He highlighted its decentralized governance and upcoming roadmap developments as key strengths, even with current market volatility.

Price and Market Overview

Cardano’s price stands at $0.352889, with a 24-hour trading volume of $205.82 million. It increased 0.50% over the past day, bringing its total market cap to $12.34 billion. ADA has a circulating supply of 34.96 billion coins and a maximum supply of 45 billion.

Source: Coinglass

However, the broader ADA market remains volatile. Deriv…

The post Cardano Founder: ADA Is Still a Top Crypto Despite Volatility appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Direct Democracy vs Delegated Authority: The Real Fight in Cardano’s 50M ADA Plan

Direct Democracy vs Delegated Authority: The Real Fight in Cardano’s 50M ADA Plan

A heated debate has broken out inside Cardano’s community over a proposal to allocate...
Federal Reserve Cuts Rates Amid Labor Concerns

Federal Reserve Cuts Rates Amid Labor Concerns

Detail: https://coincu.com/markets/fed-cuts-rates-labor-inflation/

Cardano Founder: ADA Is Still a Top Crypto Despite Volatility


by CoinEdition
Cardano Founder ADA Is Still a Top Crypto Despite Volatility
  • Cardano’s price is $0.352889, with a market cap of $12.34 billion, despite a 41.97% drop in derivatives trading volume.
  • Despite market volatility, 72% of Cardano holders have held their positions for over a year, showing strong long-term belief.
  • Cardano’s RSI at 56.05 indicates a mild bullish trend, while the MACD hints at a potential crossover for a bullish reversal.

Cardano founder Charles Hoskinson took to X to reaffirm his belief in Cardano (ADA) as a top cryptocurrency. He highlighted its decentralized governance and upcoming roadmap developments as key strengths, even with current market volatility.

Price and Market Overview

Cardano’s price stands at $0.352889, with a 24-hour trading volume of $205.82 million. It increased 0.50% over the past day, bringing its total market cap to $12.34 billion. ADA has a circulating supply of 34.96 billion coins and a maximum supply of 45 billion.

Source: Coinglass

However, the broader ADA market remains volatile. Deriv…

The post Cardano Founder: ADA Is Still a Top Crypto Despite Volatility appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Direct Democracy vs Delegated Authority: The Real Fight in Cardano’s 50M ADA Plan

Direct Democracy vs Delegated Authority: The Real Fight in Cardano’s 50M ADA Plan

A heated debate has broken out inside Cardano’s community over a proposal to allocate...
Federal Reserve Cuts Rates Amid Labor Concerns

Federal Reserve Cuts Rates Amid Labor Concerns

Detail: https://coincu.com/markets/fed-cuts-rates-labor-inflation/