Cardano (ADA) Price Hits $0.41 on Top Exchanges

Cardano (ADA) traded up 3% against the dollar during the 24-hour period ending at 22:00 PM Eastern on July 12th. Cardano has a total market cap of $14.82 billion and $334.40 million worth of Cardano was traded on exchanges in the last 24 hours. During the last week, Cardano has traded up 18.4% against the dollar. One Cardano coin can currently be purchased for approximately $0.41 or 0.00000714 BTC on major exchanges.

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

• Ethereum (ETH) traded up 1% against the dollar and now trades at $3,125.19 or 0.05403966 BTC.
• Avalanche (AVAX) traded up 2.1% against the dollar and now trades at $25.85 or 0.00044701 BTC.
• NEAR Protocol (NEAR) traded 2.7% higher against the dollar and now trades at $5.13 or 0.00008868 BTC.
• Uniswap (UNI) traded up 3.5% against the dollar and now trades at $8.15 or 0.00014088 BTC.
• Internet Computer (ICP) traded up 0.7% against the dollar and now trades at $7.39 or 0.00012783 BTC.
• Hedera (HBAR) traded 2.2% higher against the dollar and now trades at $0.0672 or 0.00000116 BTC.
• Cosmos (ATOM) traded 3.2% higher against the dollar and now trades at $6.13 or 0.00010606 BTC.
• Cronos (CRO) traded 2.2% higher against the dollar and now trades at $0.0881 or 0.00000152 BTC.
• Fetch.ai (FET) traded up 3.7% against the dollar and now trades at $1.19 or 0.00002059 BTC.
• Algorand (ALGO) traded up 0.5% against the dollar and now trades at $0.14 or 0.00000239 BTC.

About Cardano

Cardano (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 37,034,995,408 coins and its circulating supply is 35,881,053,852 coins. The official website for Cardano is www.cardano.org. Cardano’s official message board is medium.com/feed/cardanorss. Cardano’s official Twitter account is @cardano and its Facebook page is accessible here. The Reddit community for Cardano is https://reddit.com/r/cardano and the currency’s Github account can be viewed here.

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 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, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Cardano using one of the aforementioned exchanges.

ADA/USD price chart by TradingView