Cryptocurrency Lido DAO's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Lido DAO's (CRYPTO: LDO) price has seen a 3.25% increase over the past 24 hours, reaching $2.84, despite a 1.0% decrease over the past week from $2.89. The cryptocurrency's all-time high is $7.30. Its trading volume has decreased by 13.0% over the last week, while its circulating supply has slightly increased, bringing the market cap to $2.55 billion, ranking it #37.
February 07, 2024 | 3:00 pm
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Lido DAO (LDO) has experienced a 3.25% price increase in the last 24 hours, reaching $2.84, despite a weekly trend of a 1.0% decrease. The trading volume has decreased by 13.0%, while the circulating supply has slightly increased. The market cap is now $2.55 billion.
The short-term price increase of Lido DAO (LDO) despite a weekly downtrend and a decrease in trading volume indicates a potential rebound or positive market sentiment towards LDO. The slight increase in circulating supply without significantly affecting the price positively reflects on its market stability. Given these factors, the asset is likely to experience continued interest, potentially leading to further short-term gains.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100