Cardano (ADA) Hits 24 Hour Trading Volume of $807.41 Million – Dakota Financial News

   2022-08-01 11:08


Cardano (ADA) traded down 4.2% against the US dollar during the one day period ending at 7:00 AM Eastern on August 1st. One Cardano coin can currently be bought for about $0.51 or 0.00002212 BTC on major cryptocurrency exchanges. Over the last seven days, Cardano has traded up 2.5% against the US dollar. Cardano has a market capitalization of $17.17 billion and approximately $807.41 million worth of Cardano was traded on exchanges in the last 24 hours.



Here is how similar cryptocurrencies have performed over the last 24 hours:


  • Avalanche (AVAX) traded down 6.8% against the dollar and now trades at $23.19 or 0.00100854 BTC.
  • Uniswap (UNI) traded down 9.7% against the dollar and now trades at $8.14 or 0.00035402 BTC.
  • Cronos (CRO) traded down 1.9% against the dollar and now trades at $0.14 or 0.00000595 BTC.
  • NEAR Protocol (NEAR) traded 6.4% lower against the dollar and now trades at $4.20 or 0.00018277 BTC.
  • Algorand (ALGO) traded 4.4% lower against the dollar and now trades at $0.34 or 0.00001458 BTC.
  • Hedera (HBAR) traded 3.7% lower against the dollar and now trades at $0.0749 or 0.00000326 BTC.
  • Elrond (EGLD) traded down 0.9% against the dollar and now trades at $57.26 or 0.00248971 BTC.
  • Helium (HNT) traded 7% lower against the dollar and now trades at $8.92 or 0.00038795 BTC.
  • TerraUSD (UST) traded 26% lower against the dollar and now trades at $0.0641 or 0.00000217 BTC.
  • Gold Secured Currency (GSX) traded 2.8% lower against the dollar and now trades at $0.0208 or 0.00000090 BTC.

Cardano Profile

ADA is a proof-of-stake (PoS) coin that uses the Ouroboros hashing algorithm. Its genesis date was October 5th, 2017. Cardano’s total supply is 34,277,702,082 coins and its circulating supply is 33,739,028,516 coins. Cardano’s official Twitter account is @CardanoStiftung and its Facebook page is accessible here. Cardano’s official message board is medium.com/feed/cardanorss. Cardano’s official website is www.cardano.org. The Reddit community for Cardano is /r/cardano and the currency’s Github account can be viewed here.

According to CryptoCompare, “Designed and developed by IOHK in conjunction with the University of Edinburgh, the University of Athens and the University of Connecticut, Cardano SL (or Cardano Settlement Layer) is a Proof of Stake cryptocurrency based on the Haskell implementation of the white paper “Ouroboros: A Provably Secure Proof of Stake Blockchain Protocol” by Aggelos Kiayias, Alexander Russell, Bernardo David and Roman Oliynykov. Blockchain data provided by: Blockchair “

Cardano Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Cardano directly using US dollars. Investors seeking to trade Cardano should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Cardano using one of the aforementioned exchanges.



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