Why The Graph, Chiliz, and Lido DAO Are Soaring Today
Looking at the overall price action of the crypto market today, many investors wouldn't think that there would be so many big moves. In aggregate, the entire cryptocurrency market has moved only 0.08% as of 12:25 p.m. ET today.
However, certain projects, such as The Graph (CRYPTO: GRT), Chiliz (CRYPTO: CHZ) and Lido DAO (CRYPTO: LDO) are having quite a day, surging 32.6%, 11.1%, and 8.8%, respectively, over the past 24 hours.
Given the rather divergent price action seen in the crypto market today, it does appear investors are repricing projects according to their idiosyncratic catalysts and headwinds. Each of these three projects have their own unique catalysts today, which investors are clearly taking into consideration.
Source Fool.com