Cardano gains 11% in bullish trade.

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On Tuesday, Cardano was trading at $1.4521 on the Index at 01:59 (06:59 GMT), up 10.79 percent on the day.

It was the biggest percentage rise in a single day since December 2. Cardano’s market cap increased to $48.3910 billion, or 2.03 percent of the overall cryptocurrency market cap, as a result of the upward movement.

Cardano’s market capitalization peaked at $94.8001 billion dollars. In the preceding twenty-four hours, Cardano has traded in a range of $1.4199 to $1. 4744.

Cardano has dropped 7.25 percent of its value in the last seven days. Cardano traded for $2.7307 billion in the twenty-four hours leading up to this writing, accounting for 1.96 percent of the total volume of all cryptocurrencies.

In the last seven days, it has traded in a range of $1.1972 to $1.7565. Cardano is still down 53.14 percent from its all-time high of $3.10 recorded on September 2 at its current pricing.

Story by : Norvisi Mawunyegah