Cryptocurrency Lido DAO's Price Increased More Than 7% Within 24 hours
Portfolio Pulse from Benzinga Insights
Lido DAO's cryptocurrency (LDO) has seen a 7.55% increase in price over the past 24 hours, reaching $3.16. Over the past week, the price has risen over 5%, from $3.0. The coin's all-time high is $7.30. Trading volume for LDO has increased by 58% over the past week, and the circulating supply has grown by 0.83%, now at 890.18 million coins, which is 89.02% of the max supply. Lido DAO is currently ranked #32 in market cap at $2.84 billion.
January 09, 2024 | 3:02 pm
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POSITIVE IMPACT
Lido DAO's token LDO has experienced a significant price increase of 7.55% in the last 24 hours, with a weekly increase of over 5%, and a surge in trading volume by 58%. The circulating supply has also increased, indicating a growing interest in the token.
The price increase and higher trading volume suggest a bullish sentiment among investors, which could lead to further short-term gains. The increase in circulating supply without a negative price impact also indicates a healthy demand for LDO.
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