Cryptocurrency Lido DAO Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Lido DAO's cryptocurrency (LDO) has experienced a 4.85% price drop over the past 24 hours, continuing a weekly decline of 10%. The trading volume has decreased by 45%, and the circulating supply has slightly decreased. Lido DAO's market cap ranking is currently #35, with a valuation of $2.01 billion.
November 29, 2023 | 7:00 pm
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NEGATIVE IMPACT
Lido DAO's token LDO has fallen by 4.85% in the last 24 hours, with a 10% decrease over the past week. The trading volume and circulating supply have also decreased.
The price drop of 4.85% in the past 24 hours, along with a 10% decrease over the past week, indicates a negative short-term trend for Lido DAO's token LDO. The significant decrease in trading volume suggests a lower investor interest, which could further pressure the price downward in the short term. The slight decrease in circulating supply is not likely to have a significant impact on the price compared to the other factors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100