Cardano Price Tops $0.41 on Top Exchanges (ADA)

Cardano (ADA) traded 1.8% higher against the U.S. dollar during the 24-hour period ending at 12:00 PM Eastern on July 2nd. In the last week, Cardano has traded up 4.6% against the U.S. dollar. Cardano has a market cap of $14.74 billion and $268.41 million worth of Cardano was traded on exchanges in the last 24 hours. One Cardano coin can currently be purchased for $0.41 or 0.00000666 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Ethereum (ETH) traded down 1.4% against the dollar and now trades at $3,412.75 or 0.05516248 BTC.
• Avalanche (AVAX) traded 4.7% lower against the dollar and now trades at $28.26 or 0.00045677 BTC.
• NEAR Protocol (NEAR) traded up 3.2% against the dollar and now trades at $5.48 or 0.00008852 BTC.
• Uniswap (UNI) traded down 4.2% against the dollar and now trades at $8.87 or 0.00014344 BTC.
• Internet Computer (ICP) traded down 3.3% against the dollar and now trades at $7.90 or 0.00012766 BTC.
• Hedera (HBAR) traded up 1.4% against the dollar and now trades at $0.0773 or 0.00000125 BTC.
• Cosmos (ATOM) traded up 1.8% against the dollar and now trades at $6.89 or 0.00011129 BTC.
• Cronos (CRO) traded down 2.3% against the dollar and now trades at $0.0902 or 0.00000146 BTC.
• Fetch.ai (FET) traded down 2.7% against the dollar and now trades at $1.35 or 0.00002174 BTC.
• Algorand (ALGO) traded 1% higher against the dollar and now trades at $0.15 or 0.00000238 BTC.

Cardano Profile

ADA is a proof-of-stake (PoS) coin that uses the Ouroboros hashing algorithm. It was first traded on September 1st, 2017. Cardano’s total supply is 37,007,766,298 coins and its circulating supply is 35,758,195,285 coins. The Reddit community for Cardano is https://reddit.com/r/cardano and the currency’s Github account can be viewed here. Cardano’s official Twitter account is @cardano and its Facebook page is accessible here. The official message board for Cardano is medium.com/feed/cardanorss. 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 acquire Cardano should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Cardano using one of the exchanges listed above.

ADA/USD price chart by TradingView