Arbitrum

Lido DAO

<a href="https://bitcoinworld.co.in/price-analysis-lido-dao-ldo-falls-more-than-6-in-24-hours/" title="Price Analysis: Lido DAO (LDO) Falls More Than 6% In 24 Hours" rel="nofollow"></a>
Over the past 24 hours, the <a href="https://coinstats.app/coins/lido-dao/">price</a> of Lido DAO (LDO) has fallen 6.33% to $3.16.&nbsp; 
<figure id="attachment_62787" aria-describedby="caption-attachment-62787" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-62787" src="https://bitcoinworld.co.in/wp-content/uploads/LDO-Price-Chart-483x300.png" alt="" width="633" height="393" srcset="https://bitcoinworld.co.in/wp-content/uploads/LDO-Price-Chart-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/LDO-Price-Chart.png 760w" sizes="(max-width: 633px) 100vw, 633px">
 <figcaption id="caption-attachment-62787" class="wp-caption-text">
 LDO Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
This continues its negative trend over the past week where Lido DAO (LDO) has experienced a 19.0% loss, moving from $3.89 to its current price. 
The chart below compares the price movement and volatility for Lido DAO over the past 24 hours (left) to its price movement over the past week (right).&nbsp; 
<figure id="attachment_62789" aria-describedby="caption-attachment-62789" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-62789" src="https://bitcoinworld.co.in/wp-content/uploads/LDO-Price-and-Volatility-563x300.webp" alt="" width="629" height="335" srcset="https://bitcoinworld.co.in/wp-content/uploads/LDO-Price-and-Volatility-563x300.webp 563w, https://bitcoinworld.co.in/wp-content/uploads/LDO-Price-and-Volatility-938x500.webp 938w, https://bitcoinworld.co.in/wp-content/uploads/LDO-Price-and-Volatility-1125x600.webp 1125w, https://bitcoinworld.co.in/wp-content/uploads/LDO-Price-and-Volatility-768x410.webp 768w, https://bitcoinworld.co.in/wp-content/uploads/LDO-Price-and-Volatility-1536x819.webp 1536w, https://bitcoinworld.co.in/wp-content/uploads/LDO-Price-and-Volatility.webp 1920w" sizes="(max-width: 629px) 100vw, 629px">
 <figcaption id="caption-attachment-62789" class="wp-caption-text">
 LDO Price and Volatility
 </figcaption>
</figure> 
&nbsp; 
The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements.&nbsp; 
See Also: <a class="row-title" href="https://bitcoinworld.co.in/price-analysis-arbitrum-arb-decreases-more-than-3-within-24-hours/" aria-label="“Price Analysis: Arbitrum (ARB) Decreases More Than 3% Within 24 Hours” (Edit)">Price Analysis: Arbitrum (ARB) Decreases More Than 3% Within 24 Hours</a> 
The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility. 
The trading volume for the coin has decreased 72.0% over the past week, while the overall circulating supply of the coin has decreased 0.61% to over 890.19 million.&nbsp; 
<figure id="attachment_62788" aria-describedby="caption-attachment-62788" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-62788" src="https://bitcoinworld.co.in/wp-content/uploads/LDO-Circulating-Supply-and-Trading-Volume-563x300.webp" alt="" width="692" height="369" srcset="https://bitcoinworld.co.in/wp-content/uploads/LDO-Circulating-Supply-and-Trading-Volume-563x300.webp 563w, https://bitcoinworld.co.in/wp-content/uploads/LDO-Circulating-Supply-and-Trading-Volume-938x500.webp 938w, https://bitcoinworld.co.in/wp-content/uploads/LDO-Circulating-Supply-and-Trading-Volume-1125x600.webp 1125w, https://bitcoinworld.co.in/wp-content/uploads/LDO-Circulating-Supply-and-Trading-Volume-768x410.webp 768w, https://bitcoinworld.co.in/wp-content/uploads/LDO-Circulating-Supply-and-Trading-Volume-1536x819.webp 1536w, https://bitcoinworld.co.in/wp-content/uploads/LDO-Circulating-Supply-and-Trading-Volume.webp 1920w" sizes="(max-width: 692px) 100vw, 692px">
 <figcaption id="caption-attachment-62788" class="wp-caption-text">
 LDO Circulating Supply and Trading Volume
 </figcaption>
</figure> 
&nbsp; 
This puts its current circulating supply at an estimated 89.02% of its max supply, which is 1.00 billion.&nbsp; 
The current market cap ranking for LDO is #36 at $2.81 billion. 
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
</blockquote> 
The post <a href="https://bitcoinworld.co.in/price-analysis-lido-dao-ldo-falls-more-than-6-in-24-hours/">Price Analysis: Lido DAO (LDO) Falls More Than 6% In 24 Hours</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

Price Analysis: Lido DAO (LDO) Falls More Than 6% In 24 Hours

ItsBitcoinWorld

Other articles published on Jan 18, 2024

It took just five days for Franklin Templeton to start crypto shitposting

SOL Poised for a 50x Surge in 2024? Meme Moguls (MGLS) Sells Out at Breakneck Speed

Investors Lose Confidence in Memecoins Like SHIB and DOGE in Favor of Pullix – The Ultimate Utili...

BREAKING: SEC Delays Fidelity’s Spot Ethereum ETF Application

What is the Expected Timeline for Bitcoin’s Next Peak? Meanwhile, Observing the Growth of Rebel S...

What Ethereum predictions tell you about a price hike to $3K

Join our free newsletter for daily crypto updates!