Cryptocurrency Lido DAO's Price Increased More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Lido DAO's cryptocurrency (LDO) has seen a 4.45% increase in price over the past 24 hours, reaching $2.85. Over the past week, LDO has gained 32.0%, rising from $2.2. Despite this growth, it remains below its all-time high of $7.30. The trading volume for Lido DAO has surged by 175.0% over the past week, and the circulating supply has slightly increased to 890.17 million, which is 89.02% of the maximum supply. Lido DAO is currently ranked #39 in market cap at $2.54 billion.
December 28, 2023 | 3:00 pm
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POSITIVE IMPACT
Lido DAO's token (LDO) has experienced a significant price increase and a surge in trading volume, indicating a strong short-term bullish trend.
The substantial increase in price and trading volume for Lido DAO's token (LDO) suggests a positive market sentiment and increased investor interest, which could lead to further short-term price appreciation. The growth in circulating supply is minimal and unlikely to dampen the bullish trend.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100