Cryptocurrency Lido DAO's Price Increased More Than 9% Within 24 hours
Portfolio Pulse from Benzinga Insights
Lido DAO's cryptocurrency (LDO) has seen a 9.1% price increase over the past 24 hours, reaching $2.54. Over the past week, LDO has gained 8.0%, rising from $2.34. Despite the recent gains, it is still well below its all-time high of $7.30. Trading volume has surged by 117.0% in the past week, while the circulating supply has slightly decreased by 0.05%. Lido DAO currently ranks #34 in market cap, valued at $2.27 billion.

December 07, 2023 | 7:00 pm
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Lido DAO's token LDO has experienced a significant price increase of 9.1% in the last 24 hours and an 8.0% increase over the past week, with a surge in trading volume and a slight decrease in circulating supply.
The sharp increase in Lido DAO's price and trading volume indicates strong market interest, which could lead to continued short-term upward price pressure. However, as a cryptocurrency, LDO is subject to high volatility, and the recent gains do not guarantee future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100