$0.96 15.2%
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Data gathered: December 21

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AI Stock Analysis - Cardano (ADA)

Analysis generated December 20, 2024. Powered by Chat GPT.

Cardano is a renowned blockchain platform known for its focus on security, scalability, and sustainability. Developed by Input Output Hong Kong (IOHK) and led by founder Charles Hoskinson, Cardano aims to provide a more balanced and maintainable ecosystem for cryptocurrencies and blockchain-based applications. The platform operates based on a unique proof-of-stake consensus mechanism, which differentiates it from other major blockchain networks.

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Stock Alerts - Cardano (ADA)

company logo Cardano | December 21
Price is up by 13.5% in the last 24h.
company logo Cardano | December 20
Price is down by -12% in the last 24h.
company logo Cardano | December 19
Price is down by -5.3% in the last 24h.
company logo Cardano | December 18
Price is down by -5.2% in the last 24h.

About Cardano

Cardano is a public blockchain platform. It is open source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency Ada.


Cardano
Price $0.96
Target Price Sign up
Market Cap $34.2B
Year Range $0.29 - $1.27
Industry Crypto

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What is the Market Cap of Cardano?

The Market Cap of Cardano is $34.2B.

What is the current price of Cardano?

Currently, the price of one share of Cardano is $0.96.

How can I analyze the ADA price chart for investment decisions?

The ADA price chart above provides a comprehensive visual representation of Cardano's price performance over time. Investors can use this chart to identify patterns, trends, and potential support or resistance levels. By examining historical data and recent price movements, investors can make more informed decisions regarding buying, holding, or selling Cardano. Our platform offers an up-to-date ADA price chart, along with technical data analysis and alternative data insights.

What are some of the similar assets to Cardano?

Some of the similar crypto assets of Cardano are Bitcoin, Ethereum, Litecoin, Dogecoin, and XRP.

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The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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