Total issuance of ADA coins and introduction to online exchanges
ADA coin is the native token of Cardano blockchain, named after Ada Lovelace, with a total circulation of 45 billion, which is fixed. The coin has been listed on multiple cryptocurrency exchanges, including Binance, Coinbase, Kraken, Huobi, Gate.io and OKX.
What currency is ADA Coin?
ADA coin is the native token of the Cardano blockchain and is named after the British mathematician Ada Lovelace.
Total circulation
The total circulation of ADA coins is 45 billion, which is fixed and will not increase.
Online Exchange
ADA Coin has been listed on multiple major cryptocurrency exchanges, including:
- Binance
- Coinbase
- Kraken
- Huobi
- Gate.io
- OKX
Current Cardano Price and Market Updates
As of 9:00 AM on September 24, 2024, the spot price of Cardano (ADA) is $0.36132. In the last 24 hours, trading volume reached $260204855.87378 and the price increased by 2.15%.
Price Change Factors
Factors driving Cardano price increases include:
- Positive market sentiment: Recent Cryptocurrency market sentiment turned positive, boosting demand for ADA.
- Network Upgrade: The Vasil hard fork upgrade is expected to bring improvements in network performance and scalability, which boosts investor confidence.
- Institutional Interest: More and more institutional investors are looking to invest in Cardano, which increases the demand for ADA.
Future Trend Analysis
From a technical perspective, ADA has broken through key resistance levels, indicating the possibility of further gains. At the same time, market sentiment remains positive, which may continue to support upward momentum in prices.
Investment Advice
For investors who believe in Cardano’s long-term prospects, this may be a favorable time to buy. However, it is important to realize that the cryptocurrency market is highly volatile, so it is crucial to conduct proper research and manage risk before investing.
Short-term trend forecast
Cardano is expected to continue its upward momentum in the short term, but is expected to encounter certain corrections and consolidations. Investors should pay close attention to market sentiment and technical indicators to assess price movements and adjust their trading strategies accordingly.
Key Indicators
- Latest Price: 0.3613205061675 USD
- 24 Hour Trading Volume: 260204855.87378 USD
- Market Cap: 12993317746 .807 USD
- Circulation: 35960643044.11 ADA
- Maximum supply: 45000000000 ADA
- Total supply: 35960643044.11 ADA
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