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Lido DAO Price Prediction 2024, 2025, 2030: LDO Price Poised To Hit $5 This Year?

DATE POSTED:February 19, 2024
Lido Dao price prediction

The post Lido DAO Price Prediction 2024, 2025, 2030: LDO Price Poised To Hit $5 This Year? appeared first on Coinpedia Fintech News

Story Highlights
  • The live price of Lido Dao is  $ 3.34685931
  • With a surge, Lido Dao could go as high as $5.782 by the end of 2024.
  • LDO price with a potential surge could reach a maximum of $22.112 by 2030.

Staking is still a relatively new phenomenon in the world of virtual currencies. Also, many individuals are still not familiar with its advantages. While blockchains like Ethereum are important in the industry, the need for faster alternatives continues to exist. For instance, ETH cannot be moved/traded or used as collateral, or users can merely stake multiples of 32 ETH.

Lido DAO was meant to fill this gap to create more significant opportunities for people. For Ethereum, Lido is a liquid staking alternative. It enables consumers to stake their ETH while engaging in on-chain operations, such as lending to maximize the return without requiring minimum funds or facility maintenance.

Are you keen on investing in this cutting-edge technology but unsure of its underlying principles or LDO price predictions? Take heart! This write-up includes possible price targets for 2024 and the years to come!

Table of contents Overview CryptocurrencyLido DAOTokenLDOPrice $ 3.34685931 6.27% Market cap $ 2,981,808,992.3200Circulating Supply 890,927,498.9558Trading Volume  $ 84,458,443.2178All-time high $11.00 on 16th November 2021All-time low $0.406 on 19th June 202224 High $ 3.389024 Low $ 3.1400

*The statistics are from press time.

Lido Dao Price Prediction February 2024

The bulls struggled to break out of its resistance level of $2.924, resulting in a correction of 13.67% in value. After this, the price tested its crucial support level of $2.524, but the bulls held the price strong and the price experienced a bounce back in the chart. The LDO token jumped approximately 28% in valuation, after which it faced rejection at $3.229.

Following this, the price started trading under a bearish influence and recorded a loss of 16.414% over the next six days, after which the price traded sideways for a while. As the market volatility grew, the bulls regained momentum and jumped approximately 14.5% within the next four days, following which the price displayed a neutral trend for a short period.

LDO Price Prediction 2024TradingView: LDO/USDT

After multiple failed attempts, the bulls successfully broke out of the resistance level, indicating a rise in the bullish sentiment for the coin in the crypto space. Since then, the LDO price has been trading in a consolidated range between $3.078 and $3.362 and is on the verge of testing its upper limit, the outcome of which is unpredictable.

The Relative Strength Index (RSI) shows a constant rise in the chart, indicating a rise in the price action for the coin in the market. Moreover, the averages show a bullish convergence, suggesting the price will continue gaining value in the coming time.

If the market pushes the price above the resistance level of $3.362, the LDO bulls will regain momentum and prepare to test its resistance level of $3.500 in the coming weeks. Negatively, if the bears overpowered the bulls, the Lido Dao price will lose momentum and fall to test its lower support level of $3.078 by the month-end.

LDO Price Forecast 2024

The Ethereum ecosystem is switching to the PoS-based protocol known as ETH 2.0. As a result, the network can see increased speed and decreased trading costs. This will entice a broader audience to invest in the platform and enjoy daily staking rewards. On an optimistic note, the price of LDO could propel to a maximum of $5.782. 

However, brisk competition and new rivals might reduce the price to $3.254, its lowest point. However, given the lack of catalysts and the constraints of straight price velocity, the virtual asset may conclude at $4.617.

Lido DAO Price Prediction 2024 – 2030 Price PredictionPotential Low ($)Average Price ($)Potential High ($)20243.2544.6175.78220255.4987.3899.23920267.1499.63511.63120279.26311.41413.595202811.01013.27016.273202914.62816.85319.026203017.36419.42322.112 LDO Price Prediction 2025

Lido stands out in the market because it allows users to get staking benefits without having to handle staking infrastructure. Its upcoming integrations and updates will create a broad spectrum of opportunities for stakers. That said, its price might rise beyond $9.239 by the end of 2025.

That said, concerns around regulatory compliance might push LDO to its threshold at $5.498. By the conclusion of 2025, the coin would trade at $7.389 on average buying and selling demands.

Lido DAO Price Prediction 2026

According to our analysts, the LDO coin price prediction for the year 2026 could range between $7.149 and $11.631, with an average price of Lido crypto around $9.635.

Lido Price Prediction 2027

According to our analysts, the Lido DAO price in 2027 could range between $9.263 and $13.595, and the average price of LDO could be around $11.414.

Lido DAO Price Prediction 2028

According to our analysts, LDO crypto prediction for the year 2028 could range between $11.010 to $16.273, and the average Lido coin price could be around $13.270.

LDO Crypto Price Prediction 2029

According to our analysts, Lido DAO’s forecast for the year 2029 could range between $14.628 to $19.026, and the average LDO price could be around $16.853.

Lido DAO Price Prediction 2030

According to our analysts, LDO predictions for the year 2030 could range between $17.364 and $22.112, and the average Lido coin price could be around $19.423.

Market Analysis Firm Name202420252030Wallet Investor$2.604$2.890–priceprediction.net$4.39$6.32$42.52DigitalCoinPrice$5.26$7.60$21.92

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

Fundamental Analysis

Parafi Capital, Libertus Capital, Terra, Bitscale Capital, Chorus, P2P Capital, and kr1plc are some of the participants of the Lido DAO. Key angel investors like Stani Kulechov of Banteg of Yearn, Julien Bouteloup of Stake Capital, and Kain Warwick of Synthetix have also partnered with Lido in this venture.

The people and organizations behind the Lido DAO have demonstrated a track record of achievement in the DeFi domain. LDO is a system that allows users to stake their coins while still using them. This procedure is known as liquid staking. 

As was already said, Lido Finance’s ultimate product is staking as a service. The funds people stake are stored in a non-custodial manner, and the protocol also provides users with a derivative like stETH (Staked ETH), stSOL (Staked Solana), or bLUNA to give you liquidity (Bonded LUNA). LDO has a potent future, considering it is a strong liquidity solution for ETH.

What Is Lido?

For Ethereum, Lido is a liquid staking alternative. Lido lets people stake their ETH while engaging in on-chain operations. Such as lending to generate profits without requiring any minimum deposits or infrastructure maintenance.

The Lido Coin DAO is a Decentralized Autonomous Organization that oversees the liquid staking protocol by establishing important criteria. Such as determining fees, designating node operators and oracles, etc.. This is done using the electoral power of governance token (DPG) owners.

Additionally, the DAO gathers processing fees and uses them for protocol updates, analysis, and insurance. Early DAO participants will create BLS threshold signatures to participate in the Ethereum 2.0 threshold signing.

Lido DAO Historical Price Sentiments 2022 – 2023
  • LDO token was worth approximately $1.75 during its early days in January.
  • The price dropped to below-dollar levels but quickly rose again, reaching just under $3 in early February.  
  • Following turbulence, LDO crypto hit the bottom of $0.5095 by the 27th of March. 
  • While there was a sluggish rebound in April, by May 8th, LDO had hit a record high of $5.61. However, the market crash on May 19th dragged the price down to $2.44. 
  • A rebound in August helped Lido token mark its ATH of $7.24 on the 20th of August. 
  • However, aggravating stance in the business led to LDO closing the year at $3.10.
  • The 2023 was a roller-coaster ride for the crypto industry as it experienced massive price action. This resulted in LDO token concluding the year with a price tag of $2.734.
FAQs Is LDO a good investment?

LDO is a worthwhile investment and has solid fundamentals. Keeping the bearish outlook towards the token can form a good part of the portfolio.

What will be the worth of LDO in 2024?

According to our Lido DAO price prediction, the altcoin could surge as high as $5.782 by the end of 2024.

Is Lido a secure platform?

Lido is a full and secure platform for staking and trading LDO.

How high will the LDO price go by the end of 2025?

The digital token’s price is foreseen to surge as high as $9.239 by the end of 2025. With a potential surge, the LDO price could go as high as $22.112 by the end of 2030.

Where can I buy LDO?

Lido DAO is traded on prominent cryptocurrency exchange platforms such as Binance, BingX, MEXC, Bybit, and CoinTiger. 

What is the value of 1 Lido Dao Token?

At the time of publishing, the price of the LDO token was $3.351.

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