Recently, Paradigm Capital moved approximately $96.6 million worth of Lido DAO (LDO) tokens (70 million LDO), in which 8.18 million LDO ($11.29 million) was sent to Coinbase Prime and 61.82 million LDO ($85.31 million) sent to what appears to be a new wallet. So, Paradigm’s recent move seems like they are playing the long game…
A bullish trend in trading volume follows the Lido DAO (LDO) price surge. The liquid staking protocol observed an 8.9% spike in total value locked (TVL). Lido DAO’s LDO, a prominent liquid staking token (LST), landed in the top 3 crypto gainers with a 20.8% price surge over the past 24 hours. Significantly, this LST…
Sellers have been strong throughout this year, and the Lido Dao (LDO) price has lost many crucial support levels. The LDO price has declined by forming lower lows and lower highs, reaching a multi-year low. Further, the crypto price has been in a consolidation phase for the past 3 months. Here, technical indicators favored a…
Rune Christensen, the founder of Sky (formerly MakerDAO), has lately been selling his Lido DAO (LDO) stake. Christensen was part of the original DAO of Lido Finance, and he had an initial allocation of 25 million LDO tokens. His constant selling has slowly raised eyebrows and prompted discussions about why and what it might mean…
The Lido (LDO) short-term position continues to be compromised in the face of a market-wide correction phase, dragging the altcoin market to the mud. As of writing, the token has lost over 20% in value, representing a massive flip in investor sentiment. The market has not been faring any better as it lost nearly 2%…
The Lido DAO (LDO) buyers have exhausted since the beginning of 2024, and sellers dominated the trend. Buyers tried their best to defend the $1.50 mark in Q2 and July, but sellers remained solid. It was a strong support level, but not strong enough to prevent bears from dragging the price down. Since July, the…
September 14, 2024 at 07:40 PM GST updated: September 14, 2024 at 05:30 PM 3 mins read Altcoin News VeChain offers enterprise blockchain solutions for supply chain transparency and sustainability. Render Token provides decentralized GPU power for AI and 3D rendering tasks. Lido Finance simplifies Ethereum staking with liquid staking solutions via stETH tokens. Searching…