Cryptocurrency News
Lido DAO: Ethereum’s biggest Merge staker just jumped 30% — will LDO rally into September?
2022.08.03 20:18
Lido DAO: Ethereum’s biggest Merge staker just jumped 30% — will LDO rally into September?
Lido DAO (LDO) price edged higher on Aug. 3, primarily due to similar upside moves elsewhere in the crypto market and a rising euphoria around Ethereum‘s network upgrade in September.
On the daily chart, LDO’s price reached an intraday high of $2.40 a day after bottoming out locally at $1.84. The sharp upside reversal amounted to nearly 30% gains in a day, suggesting traders’ strengthening bullish bias for Lido DAO.
