Cryptocurrency Lido DAO Up More Than 8% In 24 hours
Portfolio Pulse from Benzinga Insights
Lido DAO's cryptocurrency (LDO) has seen an 8.23% increase in price over the past 24 hours, reaching $2.36. Over the last week, LDO has gained 8.0%, rising from $2.18. Despite this growth, it remains below its all-time high of $7.30. The trading volume for Lido DAO has surged by 163.0% over the past week, and the circulating supply has slightly increased by 0.4% to 889.53 million, which is 88.95% of its max supply. Lido DAO currently ranks #41 in market cap at $2.10 billion.
December 22, 2023 | 7:02 pm
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Lido DAO's token LDO has experienced significant growth in both price and trading volume, with an 8.23% increase in the last 24 hours and a 163% increase in trading volume over the past week.
The substantial increase in Lido DAO's price and trading volume indicates strong market interest, which could lead to further short-term gains. However, the crypto market's inherent volatility suggests that while the trend is positive, there are risks of fluctuations.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100