Lido DAO / LDO

Updated
The price of Lido DAO is $3.27 today with a 24hour trading volume of 260 million dollar. This represents a 8.5% price increase in the last 24 hours and a 66% price increase in the past 30 days
Lido is a liquid staking solution for Ethereum. Lido lets users stake their ETH with no minimum deposits or maintaining of infrastructure - whilst participating in on-chain activities, e.g lending, to compound returns.LDO is the native utility token that is used for: 1/Granting governance rights in the Lido DAO. 2/Managing fee parameters and distribution. 3/Governing the addition and removal of Lido node operators.
right now LDO/USDT is breaking out of huge Adam & Eve pattern at 2.8$ and its next targets are 3.3, 3.5 and 3.9 for short term trade
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The address marked as Justin Sun pledged about 150,000 ETH (about 240 million U.S. dollars) to Lido to exchange for stETH. Lido protocol has registered its largest daily stake inflow so far with over 150,000 ETH staked. Staking Rate Limit was activated. This limit affects all parties who may try to mint stETH, regardless of approach
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The address (0x611...DF01) labeled Justin Sun has again staked 88,000 ETH (144m) through Lido. Previously, Sun has staked about 200,000 Ethereum through 0x176...a132. His personal staked ETH has exceeded 288,000, which is about 470 million US dollars
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Lido DAO has recently started voting to authorize Dolphin CL, LLC, to file a motion on its behalf, responding to the class-action litigation that claims LDO violated securities law.
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1.5$ is important support if bulls hold the line we can break the downtrend here
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