Lista DAO

Satoshi

LayerZero

Rise

<p><a href="https://coinmarketcap.com/currencies/lista-dao/" target="_blank" rel="noopener noreferrer nofollow">Lista DAO (LISTA) </a>and <a href="https://coinmarketcap.com/currencies/layerzero/" target="_blank" rel="noopener noreferrer nofollow">LayerZero (ZRO</a>) have experienced major price surges in the past 24 hours, according to data from Binance. Let’s delve into the details of these wild price movements and explore the factors driving this sudden interest.</p>
<h2 class="wp-block-heading" id="lista-s-meteoric-rise">LISTA’s Meteoric Rise</h2>
<p>Lista DAO (LISTA) has witnessed a price increase of over 4000% in just 24 hours. This unprecedented surge has left many in the crypto community scrambling to understand the catalyst behind such explosive growth.</p>
<p><strong>Binance MegaDrop and LaunchPool</strong></p>
<p>A key factor in LISTA’s price surge appears to be its listing on Binance, one of the world’s largest cryptocurrency exchanges. As reported by the <a href="http://A key factor in LISTA's price surge appears to be its recent listing on Binance, one of the world's largest cryptocurrency exchanges. As reported by the  account @layerggofficial, LISTA was featured in a Binance MegaDrop event, which likely contributed to increased visibility and demand for the token." target="_blank" rel="noopener noreferrer nofollow">X account @layerggofficial</a>, LISTA was featured in a Binance MegaDrop event, which likely contributed to increased visibility and demand for the token.</p>
<p><strong>Airdrop Distribution and Trading Activity</strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="626" src="https://captainaltcoin.com/wp-content/uploads/2024/06/image-779-1024x626.png" alt="" class="wp-image-512408" srcset="https://captainaltcoin.com/wp-content/uploads/2024/06/image-779-1024x626.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-779-300x184.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-779-767x469.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-779-1536x940.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-779-2048x1253.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-779-245x150.png 245w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-779-100x61.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-779-572x350.png 572w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-779-788x481.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-779.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Data from <a href="https://x.com/spotonchain/status/1804036963269513505?t=NYrioEP8BRWfu_ZfG8hgZw&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">@spotonchain</a> reveals interesting insights into LISTA’s token distribution and subsequent trading activity:</p>
<ol>
 <li>The token price has risen 37% since its airdrop and exchange listings.</li>
 <li>Approximately 59% of the claimed airdrop tokens (31.1 million LISTA) were concentrated among just 12 receiving entities.</li>
 <li>In the 20 hours following the airdrop, 25 million LISTA tokens (valued at $16.8 million) were either sold through decentralized exchanges (DEXs) or deposited on centralized exchanges like Binance and Bitget.</li>
</ol>
<p>This concentration of tokens and subsequent trading activity may have contributed to the token’s price volatility and rapid appreciation.</p>
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<p><strong><em>Also Read: <a href="https://captainaltcoin.com/this-crypto-trader-makes-bold-floki-price-prediction-next-meme-coin-to-explode/" target="_blank" rel="noopener noreferrer nofollow">This Crypto Trader Makes Bold FLOKI Price Prediction – Next Meme Coin to Explode?</a></em></strong></p>
<h2 class="wp-block-heading" id="layerzero-zro-gains-momentum">LayerZero (ZRO) Gains Momentum</h2>
<p>While not as dramatic as LISTA’s surge, LayerZero’s ZRO token has also seen major gains, with a 220% increase in the last 24 hours.</p>
<p>The official X account of <a href="https://x.com/kucoincom/status/1804046598244286732?t=Ji0sCAjZpxeVaUpI1h3inA&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">KuCoin exchange (@kucoincom)</a> announced the commencement of the LayerZero airdrop, with 85 million ZRO tokens available for distribution on the first day. This event has likely sparked interest and demand for the token.</p>
<p><strong>Market Valuation and VC Comparison</strong></p>
<p>Crypto analyst <a href="https://x.com/milesdeutscher/status/1803766740222083355?t=nSMDIzQjuYZfam2J5dU7Cg&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Miles Deutscher (@milesdeutscher) </a>offered an interesting perspective on ZRO’s market valuation:</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="228" src="https://captainaltcoin.com/wp-content/uploads/2024/06/image-780-1024x228.png" alt="" class="wp-image-512416" srcset="https://captainaltcoin.com/wp-content/uploads/2024/06/image-780-1024x228.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-780-300x67.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-780-764x170.png 764w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-780-1536x342.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-780-2048x456.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-780-674x150.png 674w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-780-100x22.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-780-1573x350.png 1573w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-780-788x175.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-780.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
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<ol>
 <li>The token is currently trading at a fully diluted valuation (FDV) of approximately $4 billion.</li>
 <li>This valuation surpasses the $3 billion valuation at which the project raised funds from venture capitalists in 2023.</li>
 <li>Deutscher suggests that retail investors buying ZRO on the open market may be getting a better deal than early VC investors, considering the long lock-up periods typically associated with private investments.</li>
</ol>
<p><strong>New Futures Listing</strong></p>
<p>Adding to the momentum, <a href="https://x.com/OrderlyNetwork/status/1804034241782501837?t=D5T7X6tcKt2lNSHbSqvCQQ&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Orderly Network (@OrderlyNetwork)</a> announced a new futures listing for ZRO, offering trading with up to 10x leverage on Orderly-powered decentralized exchanges (DEXs). This development may contribute to increased trading activity and liquidity for the token.</p>
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<p>The post <a href="https://captainaltcoin.com/lista-dao-and-layerzero-zro-crypto-prices-are-pumping-heres-why/" rel="noopener noreferrer nofollow">Lista DAO and LayerZero (ZRO) Crypto Prices Are Pumping: Here’s Why</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Lista DAO and LayerZero (ZRO) Crypto Prices Are Pumping: Here’s Why

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CaptainAltcoin

Інші статті, опубліковані 21 черв. 2024 р.

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