Cryptocurrency Lido DAO Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Lido DAO (CRYPTO: LDO) has seen a decrease of 3.61% in its price over the past 24 hours, continuing a downward trend of -12.0% over the past week. The trading volume for the coin has decreased 18.0% over the past week, while the overall circulating supply of the coin has increased 0.23% to over 879.60 million. The current market cap ranking for LDO is #33 at $1.67 billion.
July 11, 2023 | 7:00 pm
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Lido DAO (LDOUSD) has seen a decrease in price and trading volume over the past week, while its circulating supply has increased. This could indicate a bearish trend in the short term.
The decrease in price and trading volume, coupled with an increase in circulating supply, typically indicates a bearish trend. As more coins are available and fewer are being traded, the price is likely to continue to decrease in the short term.
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