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.
For those wondering, Cardano is still number 1. It's not even close with Decentralized governance and all the amazing roadmap items coming
— Charles Hoskinson (@IOHK_Charles) October 4, 2024
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.
