Cardano Price Tops $0.39 on Top Exchanges (ADA)

Cardano (ADA) traded down 0.4% against the U.S. dollar during the 1 day period ending at 16:00 PM ET on June 30th. One Cardano coin can now be bought for about $0.39 or 0.00000622 BTC on popular exchanges. Cardano has a market capitalization of $13.79 billion and approximately $174.10 million worth of Cardano was traded on exchanges in the last 24 hours. In the last week, Cardano has traded 0.4% higher against the U.S. dollar.

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

• Ethereum (ETH) traded up 1.3% against the dollar and now trades at $3,424.84 or 0.05523466 BTC.
• Avalanche (AVAX) traded up 2.7% against the dollar and now trades at $28.66 or 0.00046230 BTC.
• NEAR Protocol (NEAR) traded up 6% against the dollar and now trades at $5.28 or 0.00008523 BTC.
• Uniswap (UNI) traded 3% higher against the dollar and now trades at $9.21 or 0.00014852 BTC.
• Internet Computer (ICP) traded up 0.6% against the dollar and now trades at $8.02 or 0.00012929 BTC.
• Hedera (HBAR) traded down 1.9% against the dollar and now trades at $0.0752 or 0.00000121 BTC.
• Cosmos (ATOM) traded 0.2% higher against the dollar and now trades at $6.66 or 0.00010737 BTC.
• Cronos (CRO) traded 0.1% higher against the dollar and now trades at $0.0911 or 0.00000147 BTC.
• Fetch.ai (FET) traded 2.7% higher against the dollar and now trades at $1.41 or 0.00002272 BTC.
• Algorand (ALGO) traded 2.6% higher against the dollar and now trades at $0.14 or 0.00000230 BTC.

About Cardano

Cardano (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 35,752,076,175 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. Cardano’s official website is www.cardano.org. The official message board for Cardano is medium.com/feed/cardanorss.

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 U.S. dollars. Investors seeking to trade Cardano should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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