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CryptoRankNewsLido DAO’s L...

Lido DAO’s LDO Surges Over 3% in a Day, Eyes Bullish Rally Post-Consolidation


May, 08, 2024
< 1 min read
by CoinEdition
LDO Gains 3% in Day, Anticipates Bull Run Amid Consolidation
  • Lido DAO’s LDO secures 2nd position among top gainers, rising 3.13% to $2.00.
  • The Chaikin indicator positioned at 0.48 suggests robust LDO buying pressure.
  • LDO token consolidates, primed for a bullish surge or support retest.

In an upturn in the crypto market, Lido DAO’s LDO token has captured the attention of investors by securing the second spot among today’s top gainers. As the trading day unfolds, LDO has seen its value increase by 3.13% over the past 24 hours, marking its price at $2.00.

LDO/USD 24-Hour Chart (Source: CoinStats)

The crypto asset, presently ranked 54th largest by market capitalization, continues to gain momentum. Consequently, LDO’s market cap has risen by 3.09%, reaching a total valuation of approximately $1.785 billion. This growth reflects a positive shift in market sentiment towards the token.

Moreover, LDO’s trading volume has surged by an impressive 19.69%, indicating a heightened activity level among traders. The current trading volume stands at around $70.867 million. This increase in trading activity is a strong indicator of the rising interest and confidence in LDO’s potential for further growth.

LDO Consolidates: B…

The post Lido DAO’s LDO Surges Over 3% in a Day, Eyes Bullish Rally Post-Consolidation appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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CryptoRankNewsLido DAO’s L...

Lido DAO’s LDO Surges Over 3% in a Day, Eyes Bullish Rally Post-Consolidation


May, 08, 2024
< 1 min read
by CoinEdition
LDO Gains 3% in Day, Anticipates Bull Run Amid Consolidation
  • Lido DAO’s LDO secures 2nd position among top gainers, rising 3.13% to $2.00.
  • The Chaikin indicator positioned at 0.48 suggests robust LDO buying pressure.
  • LDO token consolidates, primed for a bullish surge or support retest.

In an upturn in the crypto market, Lido DAO’s LDO token has captured the attention of investors by securing the second spot among today’s top gainers. As the trading day unfolds, LDO has seen its value increase by 3.13% over the past 24 hours, marking its price at $2.00.

LDO/USD 24-Hour Chart (Source: CoinStats)

The crypto asset, presently ranked 54th largest by market capitalization, continues to gain momentum. Consequently, LDO’s market cap has risen by 3.09%, reaching a total valuation of approximately $1.785 billion. This growth reflects a positive shift in market sentiment towards the token.

Moreover, LDO’s trading volume has surged by an impressive 19.69%, indicating a heightened activity level among traders. The current trading volume stands at around $70.867 million. This increase in trading activity is a strong indicator of the rising interest and confidence in LDO’s potential for further growth.

LDO Consolidates: B…

The post Lido DAO’s LDO Surges Over 3% in a Day, Eyes Bullish Rally Post-Consolidation appeared first on Coin Edition.

Read the article at CoinEdition

Read More

PEPE remains bullish despite recent 20% drop, but…

PEPE remains bullish despite recent 20% drop, but…

PEPE looks bullish on the higher timeframes, but the tables turn when you look at the...
May, 19, 2024
by AMBCrypto
BONK rallies nearly 30%, but why the memecoin can turn bearish soon

BONK rallies nearly 30%, but why the memecoin can turn bearish soon

BONK saw a bounce from the mid-range level on the 13th of May to reach the two-month ...
May, 19, 2024
by AMBCrypto