Cryptocurrency Lido DAO Falls More Than 7% In 24 hours
Portfolio Pulse from Benzinga Insights
Lido DAO's (CRYPTO: LDO) price has fallen 7.35% to $2.1 in the past 24 hours, contrary to its positive trend over the past week with a 21.0% gain. Trading volume has decreased by 3.0% while circulating supply has risen 0.14%, making up 87.93% of its max supply.

May 19, 2023 | 3:11 pm
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NEGATIVE IMPACT
Lido DAO's price has dropped 7.35% in 24 hours, but has gained 21.0% over the past week. Trading volume has decreased by 3.0% and circulating supply has risen 0.14%.
The 7.35% drop in Lido DAO's price in the past 24 hours is likely to have a negative short-term impact on its stock price. Despite the positive trend over the past week, the decrease in trading volume and the increase in circulating supply may contribute to downward pressure on the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100