Cardano

<ul class="wp-block-list news-points"> 
 <li><strong>Cardano’s price is $0.352889, with a market cap of $12.34 billion, despite a 41.97% drop in derivatives trading volume.</strong></li> 
 <li><strong>Despite market volatility, 72% of Cardano holders have held their positions for over a year, showing strong long-term belief.</strong></li> 
 <li><strong>Cardano’s RSI at 56.05 indicates a mild bullish trend, while the MACD hints at a potential crossover for a bullish reversal.</strong></li> 
</ul> 
<p>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.</p> 
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   <p lang="en" dir="ltr">For those wondering, Cardano is still number 1. It's not even close with Decentralized governance and all the amazing roadmap items coming</p>— Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1842291357484044504?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 4, 2024</a>
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<h2 class="wp-block-heading" id="h-price-and-market-overview">Price and Market Overview</h2> 
<p>Cardano’s price stands at <a href="https://coinmarketcap.com/currencies/cardano/" target="_blank" rel="nofollow">$0.352889</a>, 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.</p> 
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  <img decoding="async" width="512" height="162" src="https://coinedition.com/wp-content/uploads/2024/10/unnamed-67.png" alt="" class="wp-image-521890" srcset="https://coinedition.com/wp-content/uploads/2024/10/unnamed-67.png 512w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-67-300x95.png 300w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-67-380x120.png 380w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-67-159x50.png 159w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-67-440x139.png 440w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-67-414x131.png 414w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-67-326x103.png 326w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-67-377x119.png 377w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-67-123x39.png 123w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-67-129x41.png 129w" sizes="(max-width: 512px) 100vw, 512px">
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   Source: <a href="https://www.coinglass.com/currencies/ADA" target="_blank" rel="nofollow">Coinglass</a>
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<p>However, the broader ADA market remains volatile. Deriv…</p>
<p>The post <a href="https://coinedition.com/cardano-founder-ada-is-still-a-top-crypto-despite-volatility/">Cardano Founder: ADA Is Still a Top Crypto Despite Volatility</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Cardano Founder: ADA Is Still a Top Crypto Despite Volatility

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