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 3.76% in its price over the past 24 hours, continuing a downward trend over the past week of -2.0%. The trading volume for the coin has fallen 20.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has decreased 0.02%. The current market cap ranking for LDO is #35 at $1.44 billion.

August 24, 2023 | 7:00 pm
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NEGATIVE IMPACT
Lido DAO (CRYPTO: LDO) has seen a decrease in price and trading volume over the past week, indicating a downward trend. The overall circulating supply of the coin has also decreased.
The decrease in price and trading volume for Lido DAO indicates a lack of demand for the coin, which could lead to further price decreases in the short term. The decrease in circulating supply could also contribute to this downward trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100