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Lido DAO Price Prediction

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Jan 11, 2023
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6 min read
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This blog post will cover:

  • LDO Statistics
  • Lido DAO Roadmap
  • Crypto community about LDO
  • LDO Price Prediction
  • LDO Price Prediction 2024
  • LDO Price Prediction 2025
  • LDO Historical Price Analysis
  • Conclusion

Lido DAO is a liquid staking platform which appeared in 2020. It gives users an opportunity to stake their ETH with no need to lock assets or support infrastructure while taking part in on-chain activities.  

LDO is a token based on Ethereum. It gives the members an opportunity to join the governance process, delivering a chance to enhance the power of voters by locking more LDO in users’ voting contracts. Also, LDO is used to manage the fee criterions and distribution as well as control the quantity of node operators.

LDO Statistics

Price prediction at 02.08.2023:
LDO price: $2.5815482326862993
Market capitalization: $2172310251.8223314
Volume (24h): $392650993.1812527
Circulating supply: 841475756.4153181 LDO
Total supply: 1000000000 LDO
Max supply: 1000000000 LDO


Lido DAO Roadmap

The team of Lido shares their progress in their official blog. There, we have found a post dated July 2021 which includes their plans on moving Lido to a completely trustless infrastructure. Here are some of their goals:

  • Make a trustless staking pool 
  • Remove the trust requirements
  • Move custody to a smart contract
  • Force validator to unstake remotely
  • Open up the registry

In their latest post from April 2022, they have announced some adjustments including adopting Distributed Validator Technology in Lido DAO and researching the scoring system, which will give everybody an opportunity to be a validator in Lido with no need to get a permission. They also want to generate extra checks and balances in governance. That will include the empowerment of stETH holders to prohibit any made decision.

Crypto community about LDO

The community appears to consist of both supportive members, who really believe in the project even though it faces hard times (as the whole crypto market does now) and doubting ones. Here are some of the posts we managed to find:

The main number of posts concern the pump of the LDO price, as it has grown a lot since the last drawdown. Some suspect the unnatural increase, some are just happy that it broke the ice.

People compare Lido to other crypto concepts and highlight the main differences in favor of Lido:

The crypto community talks about the advantages of LDO and the whole project, sharing their thoughts on its future:

LDO Price Prediction

Price prediction at 02.08.2023:
Average LDO price 2023: $5.691818181818181
Average year-end LDO price expected: $ 6.11
Price prediction at 02.08.2023:
Minimum LDO price for 2023: $1.3012258064516127
Maximum LDO price for 2023: $3.085200000000001
Average LDO price for 2023: $2.1898932258064514

Year-end LDO price predictions 2023:
Minimum expected: $1.3012258064516127
Maximum expected: $2.9982580645161283
Average expected: $2.154483870967742


LDO Price Prediction 2024

As for August 04, 2022:

We have visited Tradingbeasts.com to see the future cost of LDO. It says it’ll be $2.77 at the beginning of the year and $2.50 at the end of it.  

Digitalcoinprice.com gives another number of $3.83 for the Lido DAO token. 

LDO Price Prediction 2025

As for August 04, 2022:

The last price prediction available on Tradingbeasts.com stands for 2025, and it shows the price from $2.55 to $3.04 for one LDO.  

Digitalcoinprice.com delivers its own forecast for 2025: $4.92 for LDO. However, the price seems to change and reach $13.28 by 2031.

LDO Historical Price Analysis

As for August 04, 2022:

All-Time High (Nov 16, 2021): $18.62



All-Time Low (Jun 18, 2022): $0.406


According to Coinmarketcap's all-time price graph, we can see that LDO has faced many ups and downs which significantly changed its price on the crypto market. Let’s take a closer look at it:

The noticeable drawdowns took place in January, March, July in 2021 and February, June, July in 2022. The sharp increases happened more often, which positively displays the LDO cost. 

The all-time high captured November 16, 2021 and all-time low was not that long ago, June 18, 2022. However, now we can see a slight growth of the coin price. It probably will grow more, according to price prediction services like Tradingbeasts and Digitalcoinprice.

Conclusion

Lido DAO is a project attempting to create a solution for the issues with initial ETH staking which are liquidity, accessibility and immovability by making staked ETH liquid and giving users a chance to participate with a variable amount of ETH in order to upgrade the security of the Ethereum network. This, as it follows, seems like a promising idea for the whole Crypto World. Now, the rest depends on the team and the Lido’s community support.

We will surely keep an eye on this project to deliver the freshest important updates on Lido DAO in our SimpleSwap Blog, so stay tuned! 

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.


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