Cryptocurrency Lido DAO Rises More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Lido DAO (CRYPTO: LDO) has seen a 5.44% increase in its price over the past 24 hours, reaching $2.03. This is a reversal of its trend over the past week, where it experienced a 3.0% loss. The trading volume for the coin has fallen 27.0% over the past week, while the circulating supply has decreased 0.38%, bringing it to 878.72 million. The current market cap ranking for LDO is #34 at $1.76 billion.
July 25, 2023 | 3:00 pm
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POSITIVE IMPACT
Lido DAO (LDO) has seen a 5.44% increase in price over the past 24 hours, reversing a week-long 3.0% loss. The trading volume has fallen 27.0% over the past week.
The news of Lido DAO's price increase is directly relevant to its stock, and the significant 5.44% rise could lead to increased investor interest. However, the decrease in trading volume indicates a potential decrease in market activity for LDO. The overall impact is positive, but the decreased trading volume could limit the potential for further price increases in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100