Cardano saw a strong rise, reaching $0.3634 by early Wednesday, marking a 10% gain - the largest single-day increase since January 10.
This boost lifted Cardano’s market cap to $12.64 billion, though it’s still far from its peak market cap of $94.8 billion. Cardano traded between $0.3336 and $0.3634 in the last day, with a weekly range from $0.3206 to $0.3636, reflecting modest movement overall.
In the past 24 hours, Cardano’s trading volume hit $544.9 million, representing around 0.3% of the total crypto volume. Despite recent gains, it remains 88.27% below its all-time high of $3.10 from September 2021.
In other crypto news, Bitcoin climbed to $75,327, a new all-time high, while Ethereum gained skyrocketed to $2,622.95.
Both cryptocurrencies retraced and currently Bitcoin’s market cap is now at $1.457 trillion, with Ethereum is at $315.5 billion.
At the time of writing, Cardano is trading at $0.3582 and is still up 7.7% for the day.
Pepe (PEPE) has been trending lower in the past few days and has underperformed some of its peers as investors seem to have been increasingly drawn to Solana-based tokens. The launch of the first Solana ETF in the United States along with key paperwork submissions for a Pudgy Penguins (PENGU) ETF has pushed PEPE temporarily […]
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