Cryptocurrency Lido DAO Down More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
In the past 24 hours, the price of Lido DAO (CRYPTO: LDO) has fallen by 5.65% to $1.56, contrary to its positive trend over the past week where it gained 10.0%. The trading volume for the coin has increased by 112.0% over the past week, and the overall circulating supply has increased by 0.01% to over 890.26 million, which is 89.03% of its max supply of 1.00 billion. LDO's current market cap ranking is #33 at $1.40 billion.
October 02, 2023 | 7:00 pm
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NEGATIVE IMPACT
Lido DAO's price has dropped by 5.65% in the past 24 hours, despite a 10% gain over the past week. The trading volume has increased by 112% over the past week.
The price of Lido DAO has fallen by 5.65% in the past 24 hours, which is likely to negatively impact the short-term price of LDOUSD. However, the increase in trading volume and the overall positive trend over the past week could potentially mitigate this impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100