What is the issuance price and issuance volume of ADA coin?
The issuance price of ADA coin is US$0.0045, with a circulation of 45 billion coins; as of March 8, 2023, its real-time price is US$0.39. As the native token of the Cardano blockchain, ADA Coin is used for payment of fees, staking and governance.
ADA Coin Issuance Price and Volume
- Issue Price: USD 0.0045 (2017 September 2018)
- Circulation volume: 45 billion pieces
Latest price of ADA coin
- According to CoinMarketCap (as of March 8, 2023), the real-time price of ADA Coin is $0.39.
Introduction to ADA Coin
ADA Coin is the native token of the Cardano blockchain and was created in 2017 by engineer Charles Hoskinson. Cardano aims to be a secure, scalable and interoperable blockchain platform, with the ADA coin used for transaction fees, staking and governance.
Current Cardano Price and Market Dynamics
As of 9:00 AM on September 24, 2024, the spot price of Cardano (ADA) is $0.36132. In the last 24 hours, trading volume reached $260204855.87378 and the price increased by 2.15%.
Price Change Factors
Factors driving Cardano price increases include:
- Positive market sentiment: Recent Cryptocurrency market sentiment turned positive, boosting demand for ADA.
- Network Upgrade: The Vasil hard fork upgrade is expected to bring improvements in network performance and scalability, which boosts investor confidence.
- Institutional Interest: More and more institutional investors are looking to invest in Cardano, increasing the demand for ADA.
Future Trend Analysis
From a technical perspective, ADA has broken through key resistance levels, indicating the possibility of further gains. At the same time, market sentiment remains positive, which may continue to support upward momentum in prices.
Investment Advice
For investors who believe in Cardano’s long-term prospects, this may be a favorable time to buy. However, it is important to realize that the cryptocurrency market is highly volatile, so it is crucial to conduct proper research and manage risk before investing.
Short-term trend forecast
Cardano is expected to continue its upward momentum in the short term, but is expected to encounter certain corrections and consolidations. Investors should pay close attention to market sentiment and technical indicators to assess price movements and adjust their trading strategies accordingly.
Key Indicators
- Latest price: 0.3613205061675 USD
- 24 hour trading volume: 260204855.87378 USD
- Market capitalization: 12993317746 .807 USD
- Circulation: 35960643044.11 ADA
- Maximum supply: 45000000000 ADA
- Total supply: 35960643044.11 ADA
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