Cardano 24 Hour Volume Hits $443.37 Million (ADA)

Cardano (ADA) traded 0.8% higher against the U.S. dollar during the one day period ending at 21:00 PM E.T. on March 28th. Cardano has a total market capitalization of $23.14 billion and $443.37 million worth of Cardano was traded on exchanges in the last 24 hours. One Cardano coin can now be bought for approximately $0.65 or 0.00000918 BTC on major cryptocurrency exchanges. During the last seven days, Cardano has traded 3.5% higher against the U.S. dollar.

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

• Ethereum (ETH) traded 2.3% higher against the dollar and now trades at $3,578.67 or 0.05050074 BTC.
• Avalanche (AVAX) traded up 1.5% against the dollar and now trades at $54.47 or 0.00076861 BTC.
• Internet Computer (ICP) traded down 2.2% against the dollar and now trades at $18.09 or 0.00025526 BTC.
• Uniswap (UNI) traded up 5.1% against the dollar and now trades at $12.83 or 0.00018110 BTC.
• NEAR Protocol (NEAR) traded down 2.1% against the dollar and now trades at $7.13 or 0.00010067 BTC.
• Cosmos (ATOM) traded 2.3% lower against the dollar and now trades at $12.25 or 0.00017280 BTC.
• Cronos (CRO) traded 4% higher against the dollar and now trades at $0.15 or 0.00000218 BTC.
• Hedera (HBAR) traded up 3.1% against the dollar and now trades at $0.12 or 0.00000164 BTC.
• Fetch.ai (FET) traded 7.2% higher against the dollar and now trades at $3.26 or 0.00004604 BTC.
• Algorand (ALGO) traded up 1.4% against the dollar and now trades at $0.27 or 0.00000385 BTC.

About Cardano

Cardano (CRYPTO:ADA) is a proof-of-stake (PoS) coin that uses the Ouroboros hashing algorithm. Its genesis date was September 1st, 2017. Cardano’s total supply is 36,742,818,379 coins and its circulating supply is 35,582,726,607 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.

According to CryptoCompare, “Cardano (ADA) is a Proof-of-Stake blockchain that supports smart contracts and enables the creation of decentralized apps (dApps), tokens, and more. It is designed to be scalable, sustainable, and flexible. The Cardano network uses Ouroboros, a Proof-of-Stake consensus mechanism, which allows ADA token holders to delegate their tokens to staking pools run by validators to validate transactions. Cardano was launched in 2017 by Charles Hoskinson and Jeremy Wood and is now maintained by three organizations and its community. ADA is the native token of the Cardano network and is used to pay for transaction fees and can be used for governance or to earn rewards through Proof-of-Stake consensus. The current era, Basho, focuses on scalability and network optimization, while the final era, Voltaire, will bring voting and treasury management to the network.”

Cardano Coin Trading

It is usually not presently 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 GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Cardano using one of the exchanges listed above.

ADA/USD price chart by TradingView