#Lista DAO and LayerZero (ZRO) Crypto Prices Are Pumping: Here’s Why
Table of Contents
Crypto News
Lista DAO and LayerZero (ZRO) Crypto Prices Are Pumping: Here’s Why
LISTA’s Meteoric Rise
LayerZero (ZRO) Gains Momentum
Lista DAO (LISTA) and LayerZero 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
Data from @spotonchain reveals interesting insights into LISTA’s token distribution and subsequent trading activity:
The token price has risen 37% since its airdrop and exchange listings.
Approximately 59% of the claimed airdrop tokens (31.1 million LISTA) were concentrated among just 12 receiving entities.
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.
This concentration of tokens and subsequent trading activity may have contributed to the token’s price volatility and rapid appreciation
