() gained 0.7% in value against the US dollar over the course of a 1-day period that ended at 21:00 Eastern time on the 22nd June. Cardano's value against the dollar has increased 12.2% in the past week. On popular cryptocurrency exchanges, one Cardano coin is currently available for $0.29 (or 0.00000976 BTC). Cardano's market cap is $10.23 billion. In the last 24 hour, $332.03 millions worth of Cardano were traded.
The performance of other crypto currencies over the past 24 hours is shown below:
Ethereum (ETH), which is a cryptocurrency, traded at $1.876.69 per BTC or 0.06252420 BTC. This represents a 2% decline against the US dollar.
Avalanche (AVAX), which trades for $12.73, or 0.00042408 BTC, is now down 2.5% against the dollar.
Cosmos (ATOM), which is a cryptocurrency, traded at $9.07 per 0.00030206 BTC or 1.1% less than the dollar.
Uniswap's (UNI) price is now $4.75, or 0.00015815 BTC. This is a 2.1% decrease against the dollar.
Internet Computer (ICP), which trades for $4.18, or 0.00013939 BTC, has fallen 1.7% in value against the dollar.
Hedera (HBAR), which trades for $0.0505, or 0.00000168 BTC, is down 1% against the dollar.
Cronos (CRO), which is currently trading at $0.0565, or 0.00000188 BTC, has traded down by 0.7% in relation to the dollar.
NEAR Protocol (NEAR), which trades for $1.33, or 0.00004447 BTC, is now 1.7% lower than the dollar.
Algorand's (ALGO), which is currently trading at $0.13, or 0.00000418 BTC, has traded down by 1% against the US dollar.
Kava (KAVA), which is currently trading at $0.90, or 0.00003001 BTC, has fallen 5.3% in value against the dollar.
It is a Proof-of-Stake (PoS), coin that uses hashing algorithms Ouroboros. Its genesis was on September 1st 2017. Cardano has a total supply of 35,905,661,251 and a circulating supply of 34,929246,333. The official Cardano website is
CryptoCompare states that 'Cardano is a Proof of Stake blockchain which supports smart contracts, enables decentralized apps, tokens and more. It's designed to be flexible, scalable and sustainable. Cardano uses Ouroboros as a Proof-of Stake consensus mechanism. This allows holders of ADA tokens to delegate tokens to staking pool run by validators in order to validate transactions. Cardano, launched by Charles Hoskinson & Jeremy Wood in 2017, is now maintained and supported by three organizations & its community. ADA, the native token for the Cardano Network, is used to pay transaction fees. It can also be used for governance and to earn rewards via Proof-of Stake consensus. The current era is Basho and it focuses on scaling and network optimization. Voltaire will bring voting to the network and manage its treasury.
Cardano Coin Trading
Cardano is not currently available for purchase directly with US dollars. Investors who want to buy Cardano first need to purchase Bitcoin or Ethereum on an exchange dealing in US Dollars such as Gemini GDAX, or Changelly. MarketBeat.com’s FREE CryptoBeat Newsletter