Lista DAO Token Surges to New Heights
Lista DAO’s token price has climbed for two straight days, hitting its peak sence June 11. Its now 112% above its lowest point this year.
Lista DAO,a major player on the BNB Chain,saw its total value locked soar to over $2.1 billion. This is a significant jump from its year-to-date low of $396 million.
Most of its assets are in the Lista Lending service, similar to Aave. This platform lets users borrow money at low rates and earn returns by depositing funds.
the other assets are in its liquid staking platform. Users can earn from staked Binance Coin (BNB) tokens. The platform offers a staked APY of 18.3%, higher than BNB’s 11.8%.
Lista DAO’s 24-hour volume rose by over 50% to $35 million. Its futures open interest hit $14 million, the highest as June 4. This indicates rising demand.
lista DAO’s price technical analysis shows a bullish trend. The LISTA token bottomed at $0.1098 in April and is now at $0.2340. It’s above the 50-day and 100-day Exponential Moving averages. The token is likely to continue rising, targeting $0.30. A drop below $0.1730 would invalidate the bullish outlook.
Key points:
- Lista DAO’s price has moved above the ascending trendline.
- The MACD indicator shows a bullish crossover.
- The Relative Strength Index is above 50,confirming a bullish breakout.
For more details,check the LISTA token chart.
