Origin (LGNS) Price Dip: What’s Behind Today’s 2.16% Decline?
Origin $LGNS is trading at $6.13, reflecting a modest 2.16% decline over the past 24 hours. Despite the slight price drop, LGNS remains a large-cap asset with a market capitalization of $1.02B, showing overall market stability rather than sharp weakness. The dip appears to be part of normal price fluctuation rather than a major trend reversal.
Trading volume over the last 24 hours reached $27.91M, up 23.01%, indicating continued market participation even as the price eased. The volume-to-market cap ratio of 2.73% suggests healthy liquidity and controlled trading behavior, not panic selling. LGNS also stands out with a very large holder base of approximately 1.81 million holders, which often contributes to short-term price pressure when some participants take profits.
LGNS has a fixed total and maximum supply of 166.3M tokens, all of which are reported as circulating. This full circulation means price movements are driven mainly by market demand rather than token unlocks or emissions.
The current dip is likely the result of short-term profit-taking following prior moves, rather than weakening fundamentals. With strong liquidity, a massive holder base, and a fully distributed supply, LGNS remains structurally stable as market conditions continue to adjust.
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