Lido DAO (LDO) has been making waves in the cryptocurrency market with variable price predictions. The coin is expected to potentially surpass the
$5 mark by 2030. Despite a recent
price breakout, LDO is still regarded as being in the selling zone, stirring speculation as to whether the coin can erupt soon. Following a 26% price jump, there are questions about whether it's already too late to invest. There are also predictions of the coin reaching $5 in the coming months. Despite this, the coin dipped after the SEC targeted Consensys for Metamask services. Lido has also felt the negativity of the crypto community calling LDO a 'dead coin'. Despite Lido’s partnerships and bullish forecasts, the crypto community is endorsing BlockDAG as 2024’s crypto gem. A former LDO holder has filed a
class-action lawsuit against Lido DAO for crypto losses. However, Ethereum-related tokens including LDO, surged after positive news on the ETH-SEC front, fuelled majorly by Blackrock's ETH ETF news. Insignificant market rally, LDO’s price jumped 13% in 24hrs. Predictions state a potential jump to $22. The crypto coin is among the top gainers as market volatility continues. Various Ethereum based tokens are gaining institutional interest and DeFi TVL has crossed $100B with Lido Finance (LDO), staking hits $38.7B. As Lido proposes a token staking and buyback plan, there’s speculation of the governance token LDO might win institutional interest. There’s also news about SEC’s legal action creating a silver lining for the Lido coin.
LDO Coin News Analytics from Fri, 22 Feb 2019 08:00:00 GMT to Thu, 26 Sep 2024 11:18:36 GMT -
Rating 7
- Innovation 3
- Information 6
- Rumor -2
