175% Bullrun of Lido Finance (LDO) Fueled by This Factor

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

$LDO celebrates a 175% run on the market, but it is tied heavily to Ethereum

developers led to the aggravation of sentiment around the whole Ethereum community, hence leading to the deceleration of the growth of staked Ethereum on the network.

Previously, Ethereum developers shared an unpleasant forecast: they might need to postpone the ability to withdraw assets from staking contracts, which created a wave of outrage among investors who felt like they were getting"scammed." Some analysts worry that the massive unlocking of funds from staking contracts will lead to an unseen selling pressure spike on the network which, at the current liquidity level, will be a catastrophe for the second biggest asset's market performance.

However, it is too early to tell whether the unlocking will lead to some problems or not. Most likely it will depend on existing market conditions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Listen now: Personal finance advice, true crime, a Hollywood insider and Damar Hamlin🎧 Our latest podcast episodes cover topics including finance, crime, entertainment, ethics weather and more. Start listening now!
Source: TucsonStar - 🏆 339. / 59 Read more »

Listen now: Personal finance advice, true crime, a Hollywood insider and Damar Hamlin🎧 Our latest podcast episodes cover topics including finance, crime, entertainment, ethics weather and more. Start listening now!
Source: dothaneagle - 🏆 337. / 59 Read more »

Pakistan's finance minister to meet IMF in Geneva, with bailout stalledAn International Monetary Fund (IMF) delegation will meet Pakistan's finance minister on the sidelines of a conference in Geneva beginning on Jan. 9, a spokesperson of the lender said on Sunday, as Pakistan struggles to restart its bailout programme. IMF Nazi debt trap Pakistan army finance minister to meet IMF
Source: Reuters - 🏆 2. / 97 Read more »