Lido DAO is currently seeing a series of highs and lows in market dynamics. There are various factors contributing to these trends, including a rumored notice from the SEC, heavy purchases by whales, and launching new investment funds. A projected long-term downturn was forecasted for the
LDO coin, however, some think that it could erupt soon after a breakout from the selling zone. Reports indicate that
Lido DAO managed to safeguard key support at $1.50, despite increased bearish pressure. Notably,
Grayscale launched investment funds for Lido and Optimism, positioning LDO indelibly on the radar of new investors. Crypto whales are also buying LDO tokens, even as the price falls. There are expectations for significant price movements for LDO with increased open interest. The LDO price might escalate over 200% if a particular breakout happens. Despite a courtroom loss, with a California judge ruling Lido DAO members were liable for their actions, a new proposal for the treasury promptly showed an uptick in the market performance of LDO. The token cooled off by 10% after rumors of an SEC notice. Investors' interest in the altcoin has surged, and the open interest has jumped by 30%. A prediction indicates that the LDO price could approach $2.00. However, the price has been quite volatile, with downtrends linked to significant LDO quantities being dumped into exchanges.
LDO Coin News Analytics from Fri, 22 Feb 2019 08:00:00 GMT to Mon, 19 May 2025 21:06:44 GMT -
Rating 0
- Innovation 3
- Information 6
- Rumor 1
