Lido DAO is a prominent name when it comes to
cryptocurrency. LDO Price predictions vary, with some speculating whether it can reach the
$5 mark by 2024-2030, while others anticipate it hitting $22 this altcoin season. Despite facing dips following
SEC actions against related entities like Consensys for its
Metamask services, LDO has managed to retain investor interest.
Crypto enthusiasts criticized tokens like JASMY and LDO as ‘Dead Coins’ while other obscure
Ethereum tokens gain prominence. Crypto market volatility affects LDO, although it's been a part of major market rallies spurred by ETH ETF hype. Multiple Ethereum-based coins have gained institutional interest, including LDO, with DeFi TVL crossing $100B and Lido Finance's LDO staking hitting $38.7B.
Grayscale added LDO to its Defi Fund, with the token becoming second heaviest in the Fund’s basket. Amid these developments, a previous holder filed a lawsuit against Lido DAO for their crypto losses.
Coinbase and LDO showed positive movements on
BlackRock ETH ETF news, displaying the influence of external factors. Notably, a recent
Treasury Proposal has led to the rewarding staking of
LDO tokens. Nevertheless, LDO is experiencing bearish patterns and may be on the verge of a price breakdown.
LDO Coin News Analytics from Fri, 22 Feb 2019 08:00:00 GMT to Thu, 26 Sep 2024 07:00:00 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -2
