Lido DAO (LDO) coin is in the spotlight. The altcoin is showing flickers of both bearish and bullish sentiment, leaving investors in suspense about its future. Several credible sources expect that the
DAO token could soon surge. One whale purchased 2.7M tokens and a sharp 13% increase was fueled by crypto whales accumulating $90M worth of LDO. Concurrently, Grayscale launched
Lido investment funds propelling LDO price skyward by over 185%. However, the coin is at a crossroads with a predicted long-term downturn and a sharp price fall due to
whale dumping. The coin has protected key support at $1.50 but there is still bearish pressure.
Lido V3 is being seen as a potential savior against crypto bears, which, if activated, could provide a rebound for prices.
BTC is battling to hold above $104K which could affect the
LDO coin. Amidst all this,
Chun Wang’s sell-off is quickening as
Lido v3 turns its focus to institutions while a former LDO holder has filed a class-action lawsuit against Lido DAO. The
Lido token also appears to be sinking due to rumors about receiving SEC notice.
LDO Coin News Analytics from Tue, 15 Dec 2020 12:29:30 GMT to Wed, 26 Mar 2025 15:27:51 GMT -
Rating -5
- Innovation 1
- Information 5
- Rumor -4
