Cryptocurrency Lido DAO's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Lido DAO's (CRYPTO: LDO) price increased by 3.89% over the past 24 hours to $3.07, despite a weekly loss of 5.0%. The coin's all-time high is $7.30. Trading volume fell by 18.0% over the past week, with the circulating supply decreasing by 0.33% to 890.93 million, approximately 89.09% of its max supply. LDO's market cap ranking is #43 at $2.73 billion.
February 22, 2024 | 7:00 pm
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Lido DAO (LDO) experienced a 3.89% price increase to $3.07 over the last 24 hours, despite a weekly downward trend. The trading volume has decreased by 18%, and the circulating supply has slightly reduced.
The short-term price increase of Lido DAO (LDO) despite a weekly loss indicates a potential rebound or market correction. The decrease in trading volume and circulating supply could suggest a consolidation phase, possibly leading to increased volatility or price appreciation in the near term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100