Story Highlights
- The live price of Lido Dao is $ 2.49130188
- With a surge, Lido Dao could go as high as $3.710 by the end of 2023.
- 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 2023 and the years to come!
Table of contents
Overview
| Cryptocurrency | Lido DAO |
| Token | LDO |
| Price | $ 2.49130188  9.48% |
| Market cap | $ 2,217,728,767.0725 |
| Circulating Supply | 890,188,693.8248 |
| Trading Volume | $ 117,291,565.5156 |
| All-time high | $11.00 on 16th November 2021 |
| All-time low | $0.406 on 19th June 2022 |
| 24 High | $ 2.5470 |
| 24 Low | $ 2.2330 |
*The statistics are from press time.
LDO Price Prediction November 2023
The coin was seen trading in a rising channel for over a week. LDO coin has experienced massive price volatility in the last week. Following the Golden Crossover, the coin gained momentum and jumped by over 30%.
The Lido Dao token managed to break out of the key resistance level of $1.686, following which the price gained momentum and broke out of the resistance level at $1.857 but was rejected at $2.088, following which the price traded sideways for a while. The price gained momentum and successfully broke out of the resistance level.
The price was then rejected at $2.409, following which the price started trading sideways and displayed massive price volatility. Recently, the price successfully broke out of the $2.409 level, indicating a bullpower in the market.
The RSI displays a rising pattern, indicating a massive market buying and selling pressure for the coin. Further, the averages are on the verge of breaching the overbought range, suggesting the price will continue to gain value in the coming time.
If the bulls continue to gain power and hold the price above the resistance level of $2.409, the coin will continue to rise and test its upper resistance level of $2.60 soon. Further, if the bulls hold the price at that level, the price will prepare itself to test the upper resistance of $2.75 in the coming week.
On the contrary, if the bears overpower the bulls and a trend reversal occurs, the price will fall and test its support level of $2.409. Moreover, if the market fails to hold the price, the coin will continue to lose its value and test the support level of $2.224.
LDO Price Prediction 2023
Since the start of the year, the coin has recorded massive price volatility. Following February, the LDO price constantly traded in a descending pattern. Since mid-August, the price had been trading in a closed range of $1.451 and $1.857 and, following the market pump, had attempted to break out, but the price was rejected. After that, the coin experienced a 5% correction.
Since October, the LDO price has gained significant momentum, resulting in the price adding over 85% in value during this time.
The Relative Strength Index (RSI) has displayed significant price volatility, indicating strong buying and selling pressure for the coin. Further, the averages are on the verge of breaching the overbought range, suggesting the price will continue to gain value in the coming time.
The Lido protocol aims to allow users to stake throughout many blockchains. The firm seeks to uplift the staking economy, boosting its foothold in the industry. If that materializes, the token might burst the bubble to peak at $3.710.
If the updates were not implemented, the price would fall to $1.725 by the end of 2023. Subsequently, an equilibrium in buying and selling pressures could set the regular price at $3.036.
Lido DAO Price Prediction 2023 – 2030
LDO powers the decentralized governance and decision-making on Lido's platform, which helps keep the community at its heart. Lido Dao's price prediction for 2023 ranges from $1.725 to $3.71.
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.
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 Name | 2023 | 2024 | 2025 |
| Wallet Investor | $1.759 | $2.241 | $2.714 |
| priceprediction.net | $3.30 | $4.84 | $6.97 |
| DigitalCoinPrice | $3.20 | $3.92 | $5.66 |
*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
- 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.
FAQs
LDO is a worthwhile investment and has solid fundamentals. Keeping the bearish outlook towards the token can form a good part of the portfolio.
According to our Lido DAO price prediction, the altcoin could surge as high as $3.710 by the end of 2023.
Lido is a full and secure platform for staking and trading LDO.
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.
Lido DAO is traded on prominent cryptocurrency exchange platforms such as Binance, BingX, MEXC, Bybit, and CoinTiger.
At the time of publishing, the price of the LDO token was $2.485.
