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Bittime - Cardano (ADA) supporters are partying! The price of this cryptocurrency soared sharply, increasing its market capitalization by $2 billion within 24 hours. This significant increase caught the attention of the crypto market, with ADA shooting up more than 7% and bringing its market capitalization to around 27 billion dollars.
Rising Trading Volume of Cardano (ADA)
Along with the price increase, ADA trading volume also soared. According to CoinGlass, trading volume increased by 42% during the same period. This increase in trading activity further strengthens Cardano's position as one of the market leaders among the largest cryptocurrencies.
According to U.today , in fact, ADA is only behind Dogecoin (DOGE) in terms of daily profits. The surge pushed total turnover for spot and derivatives markets to nearly $3 billion. This figure, which is equivalent to 9% of ADA's total market capitalization, indicates a normal level of market engagement and strong investor interest.
Also Read How to Buy Crypto:
Current Cardano (ADA) Price
Based on Bittime Market data on March 5, 2024, Cardano (ADA) is around $0.78 or IDR 12,282, the highest since April 2022.
With this substantial rise, ADA investors and fans are wondering if this positive momentum will persist into the future.
ADA's recent surge further underscores the growing interest in this project.
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Conclusion
This interest is driven by the continuous development and innovative features that Cardano offers. Focusing on scalability, interoperability and decentralization, Cardano has positioned itself as a formidable competitor in the crypto landscape.
This project has also attracted the attention of investors who are looking for promising projects with long-term potential.
How to Buy Cardano (ADA) on Bittime
You can buy and sell Portal (ADA) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Cardano (ADA) is available on Bittime with the ADA/IDR market pair . To be able to buy ADA IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy Cardano (ADA) on Bittime .
Monitor the price chart movements of Portal (ADA) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read
Cardano (ADA): Comprehensive Analysis for Beginners
The Future of Cardano(ADA): Long-Term Plans and Challenges Facing
What Are Cardano Slots? The following is the explanation
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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