Cryptocurrency Lido DAO Rises More Than 6% In 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Lido DAO (CRYPTO: LDO) has seen a price increase of 6.58% over the past 24 hours to $1.92. Over the past week, LDO has risen by over 26.0%, moving from $1.5 to its current price. The trading volume for the coin has increased 133.0% over the past week, while the overall circulating supply of the coin has decreased 1.75%. The current market cap ranking for LDO is #33 at $1.66 billion.
October 25, 2023 | 3:00 pm
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Lido DAO (LDOUSD) has seen a significant increase in price and trading volume over the past week. The decrease in circulating supply could indicate a higher demand for the coin, potentially driving the price up further.
The increase in price and trading volume for Lido DAO (LDOUSD) indicates a strong demand for the coin. The decrease in circulating supply could further increase demand, as there are fewer coins available for trading. This could potentially drive the price up further in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100