LISTA Price Rallies 13% As Trading Goes Live On Binance & Other Exchanges, Here’s Everything
Highlights
- LISTA token price rises 13% following its listing on Binance and other major exchanges.
- DWF Labs strategically transfers 10 million LISTA tokens to ensure liquidity across platforms.
- Current price of Lista DAO (LISTA) stands at $0.6806 with a significant trading volume, marking strong market interest.
The price of Lista (LISTA), a liquid staking and decentralized stablecoin protocol, experienced a significant surge of 13% as it debuted on major exchanges including Binance. Initially priced at $0.565, LISTA’s rapid appreciation shows robust market demand and investor confidence in the project. The successful listing on Binance and other platforms signifies a pivotal moment for LISTA, as it expands its reach to a broader audience of cryptocurrency traders and enthusiasts.
Lista’s Strategic Listing Moves and Market Impact
Lista (LISTA), the decentralized stablecoin and liquid staking protocol, recently commenced trading on several prominent cryptocurrency exchanges at an initial price point of $0.565. Leading up to its listing, DWF Labs, identified as a market maker for LISTA DAO, orchestrated a strategic transfer of 10 million LISTA tokens.
This maneuver aimed to bolster liquidity across centralized exchanges (CEXs), ensuring smooth and efficient trading for investors. The token transfers were spread across several major exchanges. Bitget received 2.5 million $LISTA, while Binance got 2 million. MEXC was sent 1.5 million $LISTA. Both Gate.io and KuCoin each received 850,000 $LISTA.
The listing on these major exchanges marks a pivotal milestone for LISTA, enhancing its visibility and adoption within the cryptocurrency community. Investors and market participants will closely monitor LISTA’s performance amidst its initial trading phase, with particular attention on the role of DWF Labs in maintaining market stability and facilitating liquidity.
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Current Price and Token Metrics of Lista DAO (LISTA)
The price of the Lista DAO token (LISTA) is currently $0.6806, showing a significant 12.30% increase over the last 24 hours. With a trading volume of $252.9 Milion, LISTA has experienced steady growth in the past week, solidifying its position in the market. Out of a total supply of 230 million LISTA tokens, there are currently 230 million in circulation, giving the protocol a market capitalization of around $156.6 Million.
Developed by an experienced team of smart contract developers, Lista aims to establish lisUSD as a leading decentralized stablecoin by leveraging Proof-of-Stake and yield-bearing assets. With a maximum supply of 1 billion tokens, the project is positioning itself for sustainable growth and community-driven development within the evolving blockchain ecosystem.
Lista DAO operates on a dual-token model, with lisUSD as its decentralized stablecoin and LISTA as the utility token. Compatible across BEP-20 and ERC-20 standards, LISTA enables liquidity provision and yield generation for various cryptocurrencies. The protocol also emphasizes decentralized governance, allowing token holders to propose and vote on future protocol upgrades and changes.
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