{"id":22496,"date":"2023-05-16T18:00:29","date_gmt":"2023-05-16T18:00:29","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/05\/16\/whats-next-for-lido-dao-price-after-a-20-surge-in-a-week\/"},"modified":"2023-05-16T18:00:29","modified_gmt":"2023-05-16T18:00:29","slug":"whats-next-for-lido-dao-price-after-a-20-surge-in-a-week","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/05\/16\/whats-next-for-lido-dao-price-after-a-20-surge-in-a-week\/","title":{"rendered":"What\u2019s next for Lido DAO price after a 20% surge in a week?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1684258464623-c7c4a0b1-8dec-491a-8a79-35a6d02a8358-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1684258464623-c7c4a0b1-8dec-491a-8a79-35a6d02a8358-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1684258464623-c7c4a0b1-8dec-491a-8a79-35a6d02a8358-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1684258464623-c7c4a0b1-8dec-491a-8a79-35a6d02a8358-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2023\/05\/1684258464623-c7c4a0b1-8dec-491a-8a79-35a6d02a8358.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<p dir=\"ltr\">Key takeaways<\/p>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">LDO is without doubt one of the greatest performers amongst the highest 50 cryptocurrencies by market cap over the previous seven days.<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Lido DAO rallied by 20% in the final seven days however is slowly retracing.<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The token\u2019s rally comes after the Lido v2 mainnet launch.<\/p>\n<\/li>\n<\/ul>\n<h2 dir=\"ltr\">LDO outperforms the opposite main cryptocurrencies<\/h2>\n<p dir=\"ltr\">LDO, the native token of the Lido DAO, is the perfect performer amongst the highest 50 cryptocurrencies by market cap over the previous seven days.<\/p>\n<p dir=\"ltr\">The token added 20% to its worth over the previous few days regardless of the poor efficiency of the broader cryptocurrency market.<\/p>\n<p dir=\"ltr\">The rally was majorly fueled by the mainnet launch of Lido V2. Lido V2 permits Ethereum stakers to burn their stETH (staked ETH) and exit the protocol at a 1:1 ratio.\u00a0<\/p>\n<p dir=\"ltr\">Another main catalyst behind this newest price rally is the return of depositors to the Ethereum community following the\u00a0<a href=\"https:\/\/coinjournal.net\/news\/what-is-the-ethereum-shanghai-upgrade-when-is-it\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>Shapella upgrade<\/u><\/a>. As an Ethereum liquid staking platform, it&#8217;s not shocking that Lido DAO has seen a surge in transactions over the previous few weeks.<\/p>\n<p dir=\"ltr\">Lido DAO permits customers to pool their funds to develop into validators on Ethereum. This permits traders to bypass the Ethereum community\u2019s requirement of depositing a minimum of 32 ETH.<\/p>\n<h2 dir=\"ltr\">What next for LDO?<\/h2>\n<p dir=\"ltr\">Following its rally, what next for LDO? At press time, LDO is buying and selling at $2.26 per coin, up by greater than 4% over the previous 24 hours.<\/p>\n<p dir=\"ltr\">However, LDO\u2019s rally comes because the broader cryptocurrency market continues to underperform. If the basics of the broader crypto don\u2019t enhance, LDO might retrace a few of its earnings.<\/p>\n<p dir=\"ltr\">LDO might check the $1.92 assist stage in the close to time period if the bearish development in the market persists. However, if the bulls proceed to be in management, LDO might rally towards the $2.5 resistance stage over the next few hours or days.\u00a0<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/whats-next-for-lido-dao-price-after-a-20-surge-in-a-week\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Key takeaways LDO is without doubt one of the greatest performers amongst the highest 50 cryptocurrencies by market cap over the previous seven days. Lido DAO rallied by 20% in the final seven days however is slowly retracing. The token\u2019s rally comes after the Lido v2 mainnet launch. LDO outperforms the opposite main cryptocurrencies [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22498,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[481,330,110,756,1250,378],"class_list":["post-22496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-dao","tag-lido","tag-price","tag-surge","tag-week","tag-whats","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/22496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=22496"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/22496\/revisions"}],"predecessor-version":[{"id":22497,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/22496\/revisions\/22497"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/22498"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=22496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=22496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=22496"}],"curies":[{"name":"wp"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