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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
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- 🧠 #GateGiveaway# - Crypto Math Challenge！
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Time has been given for this Altcoin until summer: It may experience an organic rise! - Coin Bulletin
According to analysts, the altcoin, which has reached its highest level in 9 months among the community, may achieve an organic price increase towards the summer months.
According to the sharing made by Santiment, Lido DAO (LDO), which stands out with a 26% increase in market value in the last 5 days, reached the highest level in the last 9 months in terms of community sensitivity.
LDO, has recently drawn intense attention from investors. This altcoin, which normally covers only 0.025% of all cryptocurrency discussions, is currently being discussed 9 times more than the average. While many altcoins disappoint investors in the overall market, there has been an increase in FOMO (fear of missing out) towards LDO.
One of the biggest factors behind the rise in LDO was the announcement of the Lido v3.0 update. The new version offers significant innovations such as customized staking options, validator personalizations, and risk-reward balance adjustments. Historical data shows that there have been price spikes in LDO during periods of increased interest in staking services.
According to Santiment's analysis, the gradual implementation of the Lido v3.0 update is expected to be completed by the coming summer months. This situation implies that LDO price may catch an organic uptrend.
According to CoinGecko data, LDO is trading at $1.83 at the time of writing the news.