Lista DAO Token Skyrockets Amid BSC Ecosystem Surge
Lista DAO token experienced a significant surge on Monday, reaching its highest level since January 18th as the BNB Smart Chain ecosystem witnessed a boom.
Summary
- Lista DAO token surged as the BSC network gained momentum.
- BNB price surged to a record high as bulls eyed $1,000.
- The total value locked in the Lista DAO has jumped by 40% in the last 30 days.
Lista Dao (LISTA) surged to $0.3628, marking a remarkable increase of over 222% from its lowest point this year. This surge propelled its market capitalization to over $74 million and its fully diluted valuation to $334 million.
Lista DAO Price Soars Amid BSC Boom
The surge in LISTA price coincided with the ongoing rally of Binance Coin (BNB), which reached a record high on Monday, continuing a trend that began several months ago.
This rally had a ripple effect on tokens within its ecosystem, with PancakeSwap (CAKE) reaching $3.4, its highest level since February, and THENA experiencing a significant surge as well.
Lista DAO token also experienced a surge as the total value locked in its ecosystem spiked to $1.68 billion, marking a 40% increase in the past 30 days and positioning it as one of the top-performing DeFi tokens in the BSC ecosystem in terms of asset growth.
Lista DAO offers a range of services, including an AAVE-like lending protocol with over $1.3 billion in assets, allowing users to borrow and lend stablecoins in a decentralized manner. Additionally, its liquid staking feature enables users to earn approximately 18.86% by holding BNB tokens, with over 964,593 BNB tokens worth over $816 million staked on the platform, a figure that has shown strong growth in recent months.
Lista DAO Price Technical Analysis
On the daily chart, Lista token has been on a strong bullish trend in recent months, moving from the April low of $0.1090 to the current $0.3560. The token is approaching a golden cross pattern as the 200-day and 50-day moving averages are on the verge of crossing. It has also surpassed the upper boundary of the ascending triangle pattern at $0.3281, indicating a bullish continuation.
With Lista price above the 38.6% Fibonacci Retracement level at $0.3253, it is likely to continue its upward trajectory with bulls targeting the key resistance level at $0.50.