Cardano rises 10% as investors gain confidence By PakGazette


PakGazette – Cardano was trading at $1.0998 at 07:37 (12:37 GMT) on the PakGazette Index on Thursday, up 10.01% on the day. It was the biggest one-day percentage gain since Jan. 3.

The upward move pushed Cardano’s market capitalization up to $38.1944 billion, or 1.09% of the total cryptocurrency market capitalization. At its highest point, Cardano’s market capitalization was $94.8001 million.

Cardano had traded in a range of $1.0288 to $1.0998 in the previous twenty-four hours.

In the last seven days, Cardano has seen an increase in value as it gained 18.98%. The volume of Cardano traded in the twenty-four hours up to the time of writing was $2.0063 billion or 1.24% of the total volume of all cryptocurrencies. It has traded in a range of $0.8845 to $1.0998 in the last 7 days.

At its current price, Cardano is still 64.51% below its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last trading at $99,369.4 on the PakGazette index, up 2.52% on the day.

Ethereum was trading at $3,356.97 on the PakGazette index, a gain of 4.84%.

Bitcoin’s market capitalization last stood at $1,966.1732 million or 56.16% of the total cryptocurrency market capitalization, while Ethereum’s market capitalization amounted to $403.7442 million or 11.53% of the total cryptocurrency market value.



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