Lido DAO Wowing the Crowd Now
📈 Lido Dao's +26% market cap surge over the past 5 days has led to the altcoin having the most bullish crowd sentiment in 9 months. The 54th ranked market cap asset normally only gets ~0.025% of crypto discussions, is seeing 9 times the normal discussion rate.
With several altcoins underwhelming traders this week, bullish attention has turned toward $LDO. The governance token for the popular staking platform has previously seen upticks in attention when its market cap risen, leading to FOMO and local tops. However, the unveiling of Lido v3.0 has excited the crypto community with several features such as customized staking, validator customization, and risk-reward adjustments.
With this upgrade set to roll out in phases between now and this summer, expect to see anticipation increasing, giving reason to believe the token (and platform) can grow with an organic basis. 👍
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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