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What is the issuance and circulation of ADA coins?

Christopher Nolan
Christopher NolanOriginal
2024-09-27 18:50:02725browse

The total circulation of Cardano (ADA) is 45 billion, of which 34.7 billion are currently in circulation and the remaining 10.3 billion are held by foundations and stakeholders.

What is the issuance and circulation of ADA coins?

Issuance and circulation of ADA coin

Issue

Cardano The total circulation of (ADA) is 45 billion, which is distributed as follows:

  • Creation Block: 1.5 billion
  • Foundation: 2.5 billion
  • Initial coin offering (ICO): 26.25 billion

Circulation volume

As of March 2023, the circulation volume of ADA coins is approximately 34.7 billion. Accounting for 77% of the total circulation. The remaining 10.3 billion ADA coins are currently held by the Cardano Foundation and stakeholders.

Cardano (ADA) Price Analysis

As of 11:00 UTC on September 26, 2024, the price of ADA is $0.3855. The 24-hour trading volume is $280102938.72613 and the price has fallen by 1.883% in the past 24 hours.

Price Change Factors

ADA’s price decline may be due to overall weakness in the cryptocurrency market and concerns that the Federal Reserve will continue to raise interest rates.

Future Price Trend Analysis

Due to the high volatility of the cryptocurrency market, it is difficult to accurately predict the future price trend of ADA. However, several factors could affect its future performance.

  • Adoption Rate: As more users adopt ADA, its value is likely to increase.
  • Regulation: If governments take regulatory measures against cryptocurrencies, it may increase their legitimacy and promote their adoption.
  • Competition: Competition is fierce in the cryptocurrency market and ADA must contend with its competitors to stay relevant.

It is recommended that

conduct thorough research on ADA before making any investment decision. Carefully consider market risks as well as investment objectives and financial situation.

Short-Term Price Forecast

Taking into account current market trends and potential influencing factors, ADA’s short-term price trends are expected to continue to fluctuate. 13468650053.162 USD

Circulation: 34939946172.636Maximum supply: 45000000000

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