Cardano (ADA) traded down 5% against the U.S. dollar during the one day period ending at 19:00 PM E.T. on August 11th. In the last seven days, Cardano has traded down 5.6% against the U.S. dollar. One Cardano coin can now be purchased for about $0.33 or 0.00000560 BTC on popular exchanges. Cardano has a total market cap of $11.84 billion and approximately $201.72 million worth of Cardano was traded on exchanges in the last day.
Here is how similar cryptocurrencies have performed in the last day:
- Ethereum (ETH) traded 1.5% lower against the dollar and now trades at $2,562.07 or 0.04352431 BTC.
- Avalanche (AVAX) traded down 5.1% against the dollar and now trades at $20.51 or 0.00034847 BTC.
- NEAR Protocol (NEAR) traded 7.6% lower against the dollar and now trades at $3.87 or 0.00006582 BTC.
- Uniswap (UNI) traded down 4.5% against the dollar and now trades at $5.91 or 0.00010047 BTC.
- Internet Computer (ICP) traded down 7.4% against the dollar and now trades at $6.85 or 0.00011634 BTC.
- Cronos (CRO) traded 6.3% lower against the dollar and now trades at $0.0883 or 0.00000150 BTC.
- Cosmos (ATOM) traded 6% lower against the dollar and now trades at $4.91 or 0.00008335 BTC.
- Hedera (HBAR) traded down 5.5% against the dollar and now trades at $0.0528 or 0.00000090 BTC.
- Algorand (ALGO) traded down 4.9% against the dollar and now trades at $0.12 or 0.00000196 BTC.
- Fetch.ai (FET) traded 9.2% lower against the dollar and now trades at $0.82 or 0.00001395 BTC.
Cardano Coin Profile
Cardano (ADA) is a proof-of-stake (PoS) coin that uses the Ouroboros hashing algorithm. Its launch date was September 1st, 2017. Cardano’s total supply is 37,116,609,474 coins and its circulating supply is 35,934,577,468 coins. Cardano’s official Twitter account is @cardano and its Facebook page is accessible here. Cardano’s official message board is medium.com/feed/cardanorss. The Reddit community for Cardano is https://reddit.com/r/cardano and the currency’s Github account can be viewed here. The official website for Cardano is www.cardano.org.
Buying and Selling Cardano
It is usually not possible to buy alternative cryptocurrencies such as Cardano directly using U.S. dollars. Investors seeking to acquire Cardano should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Cardano using one of the exchanges listed above.
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