Lido, a Decentralised Autonomous Organisation (DAO), offers secure liquid staking solutions for Proof-of-Stake (PoS) cryptocurrencies, including Ethereum and Polygon. The LDO token, Lido's native utility and governance token, is pivotal for network rewards and DAO governance. As of January 1, 2024, Lido trades at $2.735, ranking #38 with a market cap of $2.43 billion. Predictions for 2024 indicate a maximum price of $3.44 and a minimum of $2.22. The price trajectory for 2025 suggests an upward trend, potentially crossing $10 by August and reaching a maximum of $20.31 by year-end. For 2026, LDO price forecasts show fluctuations with a peak of $24.38 in January, followed by a downtrend to $7.65 by December.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
