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Daily status update: Cardano - Saturday the 11th of May

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* For the latest Cardano marketcap, price stats & figures and investment stats, check: https://coincheckup.com/coins/cardano
* You'll find the latest Cardano news over here: https://coincheckup.com/coins/cardano/news

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Crypto tags:
#Cardano #ADA #CardanoDailyUpdate #Cryptocurrency #Crypto

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Transcript:

0:00:00 Hi Crypto Tubers. Here are some daily statistics for Cardano for Today, Saturday the 11th of May

0:00:06 Cardano has gained 2.83% over the past 24 hours.

And lost 6.2% of its value in the last 7 days.

0:00:14 1 ADA currently retails for $0.0657 which is 0.00000970 bitcoin.

0:00:22 Its marketcap is: $1,703,535,421 .

With a 24 hour volume of: $86,615,541

0:00:34 The 7-day technical analysis of Cardano gives an average SELL signal.

0:00:38 12 indicators showing a SELL-Signal. 11 showing a NEUTRAL-signal and 3 showing a BUY-signal.

0:00:44 CoinCheckup's Algo scores Cardano at 85.75% strength.

And it currently ranks number 13 on CoinCheckup.com, based on its Algo-Score.

0:00:53 The main news headlines in the last 24 hours related to Cardano are:

0:00:57 - Crypto-Market Update: $200 Bn MCap Target Set As Alts LTC, XMR and BAT Rise With Bitcoin [BTC]

0:01:04 - Bitcoin Price Rises to 6-Month High, Bulls Keep Going Up

0:01:08 - Democratic Congressman Wants to Ban Cryptocurrencies to Keep U.S. International Power

0:01:13 - Binance Coin [BNB] Slips To Further $18 While Bitcoin Enjoys Momentum

0:01:18 You'll find the full articles on our news page, linked in the description below.

0:01:22 Longer term analysis tells us that Cardano's 30 day volatility has been 19.61%,

And it's 7 day volatility has been 9.47%.

0:01:31 Cardano's price ranged between $0.041 and $0.06 in the last 3 months,

0:01:36 which means it had a compound monthly growth rate of 12.86%, and an extrapolated compound annual growth rate of 3.27% over this period.

0:01:45 Over the last 6 months, the price of Cardano ranged between $0.076 and $0.06,

0:01:51 rendering a compound monthly growth rate of -4.06%, and an extrapolated compound annual growth rate of -0.39% in this last half year period.

0:02:01 Cardano is currently
94.29% lower than its all time high of $1.1513

0:02:07 Thanks for checking out this video.

0:02:09 This update is brought to you by "CoinCheckup News Updates" and is based on the latest data from CoinCheckup.com, The crypto research platform


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Other Credits:
Background music: [No Copyright Music] Lotus Lane by The Loyalist
https://soundcloud.com/search?q=The%20Loyalist
Creative Commons - Ask The Loyalist for permission if you want to use this song.
Music promoted by Audio Library https://www.youtube.com/channel/UCht8qITGkBvXKsR1Byln-wA
* Stats & Cardano Data by: https://coincheckup.com | The crypto research platform.
* Created with: https://content2video.com technology | Creating videos out of your data.

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