Cardano Native Token ADA Falls Out of Top 10 Tokens by Market Capitalization

Cardano Native Token ADA Falls Out of Top 10 Tokens by Market Capitalization

Bitget2024/08/19 20:38

Cardano's native token, ADA, fell out of the top 10 tokens by market capitalization and is now ranked 11th by market capitalization with a market cap of $11.9 billion.ADA's market share has risen from 0.66% at the beginning of 2021 to 4.24% in 2022, and is currently at 0.58%.

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The probability of a 25 basis point rate cut by the Federal Reserve in December is 86.2%, and the probability of a rate cut in January next year is 65.4%.

Data: If BTC falls below $87,032, the cumulative long liquidation intensity on major CEXs will reach $1.376 billion.

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