Cardano Price Reaches $0.46 (ADA)

Cardano (ADA) traded 0.9% higher against the dollar during the 1-day period ending at 15:00 PM ET on July 4th. Cardano has a total market cap of $15.53 billion and $785.04 million worth of Cardano was traded on exchanges in the last 24 hours. During the last week, Cardano has traded down 5.6% against the dollar. One Cardano coin can currently be bought for $0.46 or 0.00002313 BTC on major exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • Hedera Hashgraph (HBAR) traded flat against the dollar and now trades at $0.36 or 0.00000629 BTC.
  • Avalanche (AVAX) traded 6.5% higher against the dollar and now trades at $17.36 or 0.00087721 BTC.
  • Uniswap (UNI) traded 4.7% higher against the dollar and now trades at $5.06 or 0.00025554 BTC.
  • Cronos (CRO) traded up 2.6% against the dollar and now trades at $0.12 or 0.00000585 BTC.
  • NEAR Protocol (NEAR) traded 4.6% higher against the dollar and now trades at $3.43 or 0.00017354 BTC.
  • Algorand (ALGO) traded up 1% against the dollar and now trades at $0.31 or 0.00001582 BTC.
  • XinFin Network (XDC) traded flat against the dollar and now trades at $0.13 or 0.00000284 BTC.
  • Hedera (HBAR) traded 0.8% higher against the dollar and now trades at $0.0628 or 0.00000317 BTC.
  • Elrond (EGLD) traded up 2.9% against the dollar and now trades at $52.95 or 0.00267601 BTC.
  • Helium (HNT) traded up 2.2% against the dollar and now trades at $9.33 or 0.00047143 BTC.

Cardano Profile

Cardano is a proof-of-stake (PoS) coin that uses the Ouroboros hashing algorithm. It was first traded on October 5th, 2017. Cardano’s total supply is 34,277,702,082 coins and its circulating supply is 33,934,048,406 coins. The official website for Cardano is www.cardano.org. Cardano’s official message board is medium.com/feed/cardanorss. Cardano’s official Twitter account is @CardanoStiftung and its Facebook page is accessible here. 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 possible to buy alternative cryptocurrencies such as Cardano directly using US dollars. Investors seeking to trade Cardano should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Cardano using one of the exchanges listed above.

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