Cardano (ADA) traded down 3.1% against the US dollar during the 1-day period ending at 9:00 AM E.T. on May 5th. One Cardano coin can now be purchased for approximately $0.46 or 0.00000716 BTC on popular exchanges. Cardano has a total market capitalization of $16.27 billion and $239.54 million worth of Cardano was traded on exchanges in the last day. During the last week, Cardano has traded 2.8% lower against the US dollar.
Here is how related cryptocurrencies have performed during the last day:
- Ethereum (ETH) traded down 0.6% against the dollar and now trades at $3,135.12 or 0.04921351 BTC.
- Avalanche (AVAX) traded up 1.8% against the dollar and now trades at $36.72 or 0.00057645 BTC.
- NEAR Protocol (NEAR) traded up 2.9% against the dollar and now trades at $7.08 or 0.00011117 BTC.
- Internet Computer (ICP) traded down 4.2% against the dollar and now trades at $12.89 or 0.00020234 BTC.
- Uniswap (UNI) traded down 2.7% against the dollar and now trades at $7.39 or 0.00011603 BTC.
- Hedera (HBAR) traded down 0.7% against the dollar and now trades at $0.11 or 0.00000170 BTC.
- Cronos (CRO) traded down 2.1% against the dollar and now trades at $0.13 or 0.00000207 BTC.
- Cosmos (ATOM) traded 1.5% higher against the dollar and now trades at $8.86 or 0.00013911 BTC.
- Fetch.ai (FET) traded 1.6% higher against the dollar and now trades at $2.22 or 0.00003482 BTC.
- Algorand (ALGO) traded up 0.4% against the dollar and now trades at $0.19 or 0.00000306 BTC.
Cardano Profile
Cardano is a proof-of-stake (PoS) coin that uses the Ouroboros hashing algorithm. It launched on September 1st, 2017. Cardano’s total supply is 36,855,324,087 coins and its circulating supply is 35,652,381,076 coins. Cardano’s official Twitter account is @cardano and its Facebook page is accessible here. The official website for Cardano is www.cardano.org. The official message board for Cardano 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.
Buying and Selling Cardano
It is usually not possible to purchase alternative cryptocurrencies such as Cardano directly using U.S. dollars. Investors seeking to trade Cardano should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Cardano using one of the exchanges listed above.
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