Lido DAO has been around for a while. Its popularity, however, is growing faster right now. A lot of people are investing, believing it could be one of the next potential crypto. Are you considering investing in the coin? This guide will be helpful.
Knowing that crypto assets are volatile, it is important that you research deeply before making an investment. This Lido DAO price prediction guide will help you understand the Lido DAO project and the future of the Lido DAO token (LDO) in the coming years.
Lido DAO Price Prediction - Summary
Based on 19 analysts offering 12 month price targets for Lido DAO crypto have a median target of $3.5, with a high estimate of $4.20 and a low estimate of $2l20. The average price target represents a 85% change from today's price.
To help you quickly understand Lido DAO long term outlook, here is our Lido DAO price forecast for the years ahead:
- End of 2023 — Lido DAO is currently enjoying a bullish trend and will likely continue to do so throughout the year. As per our Lido DAO price forecast, the coin can rise to $5.70 by the end of 2023.
- End of 2024 — It is very likely that Lido DAO price will keep improving through the next 24 months. Once the market remains favorable, Lido DAO price prediction for 2024 can reach $10.
- End of 2025 — Depending on how the wider crypto markets play out in the next couple of years, LDO could be a lot more valuable. As one of the best altcoins per performance, we project that Lido DAO price prediction for 2025 will reach $16 by the end of that time.
- End of 2030 — There is a general belief that crypto may go mainstream before 2030. Of course, that alone can have a significant positive effect on LDO token price. Lido DAO price forecasts will most likely reach a record high of $40 by the end of 2030.
- End of 2040 — Lido DAO will most likely experience massive improvement before 2040. While being cautious, we project that the price of Lido DAO price prediction could potentially rise to $98 by the end of 2040.
Cryptoassets are a highly volatile unregulated investment product.
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Lido DAO Price History
It is always better to start with a background knowledge of an asset before predicting how its price will change in the future. Lido DAO has been trading on major crypto exchanges since early 2021. It is a relatively new coin but has grown to be ranked among the best altcoins.
Before you make up your mind to buy Lido DAO, it is important that you understand what it offers as well as why investors are interested in it.
It is best to describe Lido DAO as a liquid staking protocol. It was launched as a liquid staking solution for Ethereum. Now, it supports liquid staking on both Ethereum and Solana, among other compatible platforms.
When Lido DAO was launched, the primary purpose was to enable crypto users to stake their ETH seamlessly. Users could stake Ether with no minimum deposit or the need for maintenance of infrastructure. That was a departure from the norm, then. At the moment, Lido DAO can participate in several on-chain activities, including lending.
Thanks to its uniqueness and the problem it solves, Lido DAO was able to attract a good number of investors in the early days. The Lido protocol was launched in December 2020. The Lido DAO token, which trades under the ticker symbol ‘LDO’ became available on major cryptocurrency exchanges soon after the launch. Coingecko started tracking Lido DAO price early, and the first recorded price on 5th January 2021 was $1.75.
As with most altcoins, LDO lost steam a few weeks after launch, dropping to $0.633 on 23rd January 2021. The price started fluctuating like the price of other coins but was able to maintain support at about 0.55 for a long time.
According to data from Coingecko, LDO dropped to an all-time low price of $0.406 on 18th June 2021. It will rally almost immediately and gain in the following weeks. In the next couple of months, Lido DAO price reached an all-time high price of $7.30 on 20th August 2021.
Lido DAO LDO/USD price chart. Source: Coinmarketcap
Like most people, you will likely prefer to invest in cryptocurrency when the price is low and sell when you can make a profit. You will need to be careful though in the case of LDO. Is it really a top crypto to buy? Understanding the asset and its ecosystem will help you determine this.
Before we delve fully into our Lido DAO price prediction, here’s a quick overview of what we have covered so far:
- Lido DAO is a relatively new crypto but has grown to be considered among the top crypto to invest in
- Lido DAO was created to offer liquid staking for Ethereum and has advanced over the years to support a few other blockchains
- Lido DAO was launched in December 2020 and its token became readily available on top crypto exchanges in January
- Lido DAO’s first recorded price on Coingecko is $1.75 on 5th January 2021
- Lido DAO dropped to an all-time low price of $0.406 on 18th June 2021
- Lido DAO picked up momentum just after it hit bottom value, eventually reaching its all-time high price of $7.30 on 20th August 2021
- Lido DAO has the potential to expand and offer more utilities, hence our Lido DAO price forecast is bullish
Cryptoassets are a highly volatile unregulated investment product.
Lido DAO Price Prediction 2023
Moving on from its background, how could the Lido DAO price prediction chart shape up in the current year, 2023? Knowing how it has performed in the last couple of years, it is sensible to assume that LDO will continue to enjoy a bullish run in the months ahead.
Lido DAO may not be a Layer-1 blockchain, but it offers its users a lot in terms of opportunities. The ability to stake ETH and other valuable assets to compound interest is interestingly attractive. This is just one of many reasons LDO is considered a valuable asset and one of the best cryptocurrency to invest in.
While there is a growing list of decentralized apps that offer something similar to what Lido DAO offers, the project is unique in many ways. It was among the first products to take full advantage of Ethereum 2.0. Consequently, it was able to attract some of the most active investors at the time.
The attention Lido DAO enjoyed in its early days as well as the number of investors it was able to attract made the difference in the early days. Years later, it has improved significantly and attracted more investors. This is a major reason to be positive about Lido DAO long term price prospect.
It is important to state that we are currently not the only ones with a positive LDO price outlook. The majority of prediction websites are on the same book. Many consider Lido DAO as one of the most undervalued cryptocurrency. Coincodex, for instance, believes LDO will enjoy a bullish run throughout the year and suggests that now may be the best time to buy it.
Of course, we expect LDO price to fluctuate throughout 2023. At the same time, we’re convinced that its price can rise significantly over time. Considering actual market sentiment, our Lido DAO price prediction for 2023 is $5.70.
Cryptoassets are a highly volatile unregulated investment product.
Lido DAO Price Prediction 2024
One of Lido DAO's primary goals is to make crypto investing easier for users. It created a unique solution for Ethereum holders who needed opportunities for generating returns. Many of those early users consider its token as one of the best altcoins soon after it was launched.
As we’ve hinted here, Lido DAO has expanded its services and grown considerably after two years. There is no reason to believe that it will not improve even further in the coming years. As one of the new cryptocurrency to invest in, its value will also continue to improve.
In 2024, market factors will play huge roles to propel Lido price forward. The potential effects of demand and supply inform our bullish Lido DAO price forecast. More people will gravitate towards the coin when they observe how well it will perform in the current year.
While market conditions will play a noticeable role in Lido DAO long term price prognosis, short term price growth can also be spurred by the potential price growth of other cryptos like Bitcoin. Our Lido DAO price prediction for 2024, therefore, sees the coin reaching a new high of $10 before the end of the year.
Cryptoassets are a highly volatile unregulated investment product.
Lido DAO Price Forecast Long Term Outlook – 2025 Prediction
As a relatively new project that focuses on a specific user need, Lido DAO is expected to expand further in the coming years. This is one of the reasons its token is still regarded as one of the most undervalued crypto assets in the market. Time can change a lot of time.
Being undervalued means LDO has huge long term prospects. Its price is still very low and doesn’t represent the true value of the token. It may rise significantly even before 2025 to surpass the quoted price on the best crypto exchanges now.
The price of Lido DAO is on the rise because more people are researching the coin and making investments. New users are likely to buy Lido DAO tokens in the coming months. Increasing demand is one of the reasons our Lido DAO price prediction for the long term remains bullish for foreseeable future.
It is important to remember that LDO has been on the market for barely 2 years. Two more years and the price of the coin is most likely going to explode. It may not become a household name easily, but it will attract investors from different angles and improved demand will continue to propel price growth.
We also need to consider that LDO utility is improving. When it was launched, its use was limited to the Ethereum blockchain. But now, a lot has changed and LDO is useful across a plethora of smart contract platforms. Its utility will continue to improve as the protocol advance.
So, where exactly does the Lido DAO long term price prospect leave us? Most people who understand the market agree that it will perform better in the future. An improved performance mostly translates to long term price gains.
It's important to note that many factors will play a part in determining the actual value of the token in the year under review. Due to this, our Lido DAO price prediction for 2025 sees the coin reaching as high as $16.00.
Cryptoassets are a highly volatile unregulated investment product.
Lido DAO Price Prediction 2030
Are you looking to buy a cryptocurrency you can HODLe? Then this section of our Lido DAO long term price forecast should interest you. What is the possibility of LDO gaining so much by 2030 that it can make you a billionaire?
While nobody can predict with certainty what LDO will be worth in 2030, it is safe to predict that its price will rise significantly. Considering how far BTC, ETH and many other coins have performed in the past year, we can't look down on any coin.
You may feel it is improper to compare LDO and BTC, but take a little more time to understand the rationale. LDO may not be as popular as the owners may want it to be, but it becomes really attractive when you understand the opportunities ETH liquid staking has created.
Even at the very beginning of this Lido DAO price prediction guide, we stated that Lido DAO is one of the best altcoins to trade right now. We considered that the project was helpful and attracted many institutional investors. Again, the asset is currently undervalued and we believe it could be the next crypto to explode.
To put things into perspective, let us consider what’s unique about Lido DAO and why we believe it will succeed. For a start, it allows users to earn staking rewards without maintaining staking infrastructure. It should be noted that ETH staking rewards can be significant when you use Lido DAO.
It is also important to consider the individuals behind Lido DAO when you want to understand its long-term prospects. Top members of the decentralized autonomous organization (DAO) include Terra, ParaFi Capital, Semantic VC, StakingFacilities, StakeFish, Libertus Capital, KR1 and P2P Capital. Other key investors include Julien Bouteloup of Stake Capital, Kain Warwick of Synthetix, Stani Kulechov of Aave, Will Harbone of Deversifi and Banteg or Yearn.
The calibre of investors mentioned above should inform you that Lido DAO is stronger than most people recognize. They all form part of the reasons to believe in Lido DAO long term positive outlook.
We strongly believe that Lido DAO will continue to attract other valuable investors. More investments, of course, often translate to more value. As per our Lido DAO price forecast for 2030, we are predicting a massive rise to $40 per token.
Cryptoassets are a highly volatile unregulated investment product.
Lido DAO Price Prediction 2040
Are you currently considering the idea of buying a crypto and HODLing for a long time? You should know that Lido DAO is one of the top crypto to invest in right now. As we’ve stated more than once, it is considered among the most undervalued crypto asset. Now may be the best time to buy.
A closer observation of Lido DAO reveals that it can become a lot more useful to stakers in the coming years. 17 years is enough time for the asset to explode significantly. Getting involved now means you can buy cheap and expect to sell high.
At the moment, Lido DAO is definitely a cheap coin to buy now. For how long do you think that will remain the case? Our various Lido DAO price forecast so far has revealed that the coin will continue to trend upward. If you decide to buy Lido DAO, the potential profit will be significantly high come 2040.
We need to admit that a lot of factors will play key roles in determining LDO price. You should also understand that LDO is a highly volatile asset. Though our Lido DAO long term price forecast is massively positive, you need to invest cautiously.
As more investors continue to buy this top altcoin, its price will continue to rise, even as it will continue to fluctuate. With all that in mind, our Lido DAO price prediction for 2040 is projected to reach $98.00 per token.
Cryptoassets are a highly volatile unregulated investment product.
Potential Highs & Lows Of Lido DAO
A volatile asset will always experience bullish and bearish runs. Therefore, you should expect LDO price to fluctuate significantly. In this section of our Lido DAO price prediction guide, we’ll summarize LDO’s potential highs and lows for the coming years in a table:
Year | High | Low |
---|---|---|
2023 | $5.70 | $3.20 |
2024 | $10.00 | $6.85 |
2025 | $16.00 | $12.20 |
2030 | $40.00 | $32.50 |
2040 | $98.00 | $76.90 |
Cryptoassets are a highly volatile unregulated investment product.
What Is Lido DAO Used For?
It often follows that the price of a digital asset relies heavily on its utility. Lido DAO, being a top altcoin, is not an exception. In this section of our Lido DAO price prediction, we will discuss its current and potential use cases:
Settling Transaction fees
The primary function of Lido DAO is to facilitate liquid ETH staking across supported blockchains. Transaction fees may come in different forms when you participate in network activities, and LDO is the best token to use for the fees.
Whether you are interested in staking ETH or taking part in any of the other activities, LDO tokens will be useful. This use case also influences LDO price prognosis.
Method of Payment
As one of the best cryptocurrencies you can buy now, Lido DAO has value as a recognized digital currency. What this implies is that it can be used for settling payments. It may not be as popular as Bitcoin or USDT, but it is a viable payment asset.
It is straightforward to use LDO for payment. However, you will need to agree with the other party before settling for the token as a payment token. Its value is already established and recognized on the crypto market.
Facilitating ETH Staking
We've already stressed that the primary function of the Lido DAO token is to facilitate ETH staking. Even as its use cases continue to improve, this will remain one of the most popular utilities of the token.
It is pertinent to stress that ETH liquid staking can be profitable. As the market continues to evolve and expand across blockchains, ETH staking will continue to improve. Compounding returns will entice more users to stake, and this will definitely help to keep Lido DAO price forecast positive.
Governance Token of the DAO
As the governance token of the Lido Decentralized Autonomous Organization (DAO), LDO confers voting rights on holders.
A governance token helps secure a blockchain network and win investors' trust. Having governance rights means you can vote on any proposal to bring change to the protocol. You will help determine how the network is run once you own substantial LDO tokens.
As An Investment Vehicle
Every cryptocurrency is considered an investment vehicle and LDO is not an exception. It is an asset you can buy and hold for economic reasons.
As we have hinted, LDO use cases will increase in the future. That alone will have an impact on Lido DAO future price. If it improves significantly, it can easily become one of the best coins to buy as an inflation hedge.
Cryptoassets are a highly volatile unregulated investment product.
How Could Lido DAO Future Utility Affect Price?
With Lido DAO becoming more useful within the crypto universe, how could its future utilities influence the price of the asset? Of course, we had to consider that in this Lido DAO price prediction guide.
It often follows that the more utilities a digital asset get, the more valuable it becomes. This pattern has already been confirmed with Lido DAO. As its improved support for other blockchains, the coin value rose sharply in the past.
In addition to what could happen within the Lido DAO ecosystem, future crypto investment options will also have an effect on LDO price. Crypto ETFs, for instance, are touted as the next big things. They could have a meaningful impact on LDO price forecast in the near future.
If we are to base our Lido DAO price prediction on what could happen in the crypto world within the next two decades, then there is no limit to what LDO could become. The industry is growing at an exceptional pace.
In a nutshell, every valuable cryptocurrency will most likely benefit from a generally bullish market in the future. We’ve already established that Lido DAO is valuable. This invariably means it could be among the next crypto to watch.
Cryptoassets are a highly volatile unregulated investment product.
What Drives The Price Of Lido DAO?
Regardless of asset type, supply and demand are considered the most significant determinants of price. There are other factors that can contribute significantly. It’s time to discuss how that can impact Lido DAO future price:
Activities within the Lido DAO Ecosystem
The busier the Lido DAO becomes, the more the LDO price will fluctuate. An influx of demand requests will result in a higher price and we expect this to be the case. It is part of the reasons our Lido DAO price prediction remains bullish.
It is only a matter of time before more people become aware of ETH staking and what it offers. As new users continue to enter the market, the value of LDO tokens will continue on an upward trend.
Social Media Attention
Cryptocurrency and social media are almost inseparable. This is because a majority of cryptocurrency users are on social media and they talk about their experiences and expectations on these platforms. The general sentiment on social media, therefore, can drive Lido DAO price.
It has also become the norm for crypto projects to engage in aggressive marketing campaigns on social media. Social media, therefore, will continue to play a major role in determining the prices of assets, including Lido DAO long term price prospects.
Growth in Crypto Adoption
There's no denying the fact that an improvement in crypto adoption will result in an increase in the prices of assets, mainstream crypto assets and new altcoins. Market information shows that crypto adoption continues to improve, and we expect that it will drive LDO price increases going forward.
Crypto is slowly going mainstream – the evidence is available everywhere. Countries like El Salvador, for instance, have already adopted BTC as a legal tender. It is a matter of time before others follow, and that will continue to drive Lido DAO long term future price, among other digital assets.
Crypto Market Regulation
It is no longer news that cryptocurrency regulation is being discussed by world leaders. Forbes reported that G20 leaders have been urged to discuss crypto regulations after the series of events that rocked the crypto market last year. How far these regulations can go is unknown.
It is pertinent to note that crypto regulation may have varying effects on the prices of digital assets. Tokens like LDO may be favoured by regulations. It may become one most valuable crypto assets even as it is still undervalued at the moment.
Institutional Investment
Can you count the number of big players that form the core of Lido DAO? They are made up of several serious institutional investors. What they share in common, as far as this project is concerned, is interest in ETH liquid staking. They are also super interested in the success of Lido DAO and the LDO token.
The impact of institutional investment has already been felt in the Lido ecosystem. We deduce that more institutions will join, and that is one of the reasons to expect a bullish Lido DAO price prediction for the years ahead.
Cryptoassets are a highly volatile unregulated investment product.
Where To Buy Lido DAO
If you believe that Lido DAO is one of the most important crypto other than Bitcoin, then it’s time to take action. It is possible to buy the coin at its cheapest price now, but you need to be careful where to buy from.
Of course, we understand that there are many places you can buy Lido DAO crypto. The question is – how safe are these platforms? Some aren’t safe at all, and you need a reliable and reputable platform when it comes to making investments.
After years of researching and trying many platforms, we can confidently recommend eToro as one of the best platforms for crypto investing. It is a safe and secure online brokerage with lots of perks. As one of the first online brokers to enable crypto investing, eToro has been able to attract over 28 million global users.
Part of the reason eToro is so safe is the fact that it is regulated by such industry leaders as FINRA, CySEC, FCA, ASIC and FinCEN, among others. eToro is also a user-friendly platform. It is ideal for users of all experience levels, ranging from crypto newbies to top traders and investors.
eToro is also a very friendly platform when you consider how much you need to start your crypto investment journey. Truth is, you can start with as little as $10, and opening an account is free. You can even practice risk-free investing by using a demo account to get started It also supports multiple payment methods, including PayPal, bank transfer, as well as credit and debit cards.
To top it all, eToro offers users one of the best multichain crypto wallets that support thousands of assets just as eToro offers several asset classes and trading pairs. Lastly, the eToro app is easily downloadable for free. It is available for both iOS and Android devices.
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- ✅ Wide range of cryptocurrencies and other asset classes
- ✅ Offers minimal investment threshold ($10 to start investing in crypto)
- ✅ No deposit fee is required and the fee structure is very transparent
- ✅ Comes with a secure multichain wallet
Cons:
- ❌ Conversion fees on non-USD deposits apply
- ❌ May charge a negligible inactivity fee
Cryptoassets are a highly volatile unregulated investment product.
Latest Lido DAO News
We’re gradually getting close to the end of this Lido DAO price prediction guide, so it is necessary to intimate you of the need to stay up to date with relevant Lido DAO latest news. It is of utmost importance to follow any coin you invest in.
Regardless of your investing strategy, knowing what is happening to a token you own is important. When you get the latest market information, you can make better decisions regarding your portfolio.
At the time of writing this piece, we saw several positive news surrounding Lido DAO short term and long term price potentials. The coin has surged a massive 8.13% in just three days, and the bullish run is most likely to continue.
You can get Lido DAO latest news from various sources. It is important, therefore, that you verify any news or stick to a number of reliable sources. At Trading-Education, we’ll always offer accurate crypto news to help readers make informed decisions.
Conclusion – Lido DAO Price Prediction
So far, we’ve presented a comprehensive Lido DAO price prediction to help you make an informed decision about the coin. We provided background information before discussing short term and long term Lido DAO price forecast. We also touched on the coin’s utility and potentials.
Based on the information in this article, you can deduce that Lido DAO is one of the best altcoins in the market today. We also informed you that eToro is arguably the best platform to buy crypto assets.
In conclusion, you should understand that Lido DAO (LDO) is a volatile asset. The price will continue to fluctuate, though we expect a steady rise in the coming years. You’re advised to do your due diligence before making any investment.
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eToro – Best Platform To Buy Cryptocurrencies
Open an account with eToro, deposit some funds with USD, and finally – buy coins and tokens from just $10.
Cryptoassets are a highly volatile unregulated investment product.
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FAQs Lido DAO Price Prediction
What was the starting price of Lido DAO?
According to data collected from Coingecko, the starting price of Lido DAO as of 5th January 2021 was $1.75 per token.
What was Lido DAO highest price?
According to the available data, Lido DAO all-time high price was $7.30, recorded on 20th August 2021.
What will Lido DAO be worth in 2023?
According to our Lido DAO price prediction, this altcoin has the potential to reach $35.65 before the end of the current year, 2023.
What is the Lido DAO price prediction for 2024?
If Lido DAO (LDO) performs as well as we expect, then it should be able to reach the $10 mark in 2024.
How much will Lido DAO be worth in 5 years?
It’s possible that Lido DAO will sustain a bullish run for a long time. If this is the case, the coin could be worth as much as $30 in the next five years.
What is Lido DAO price prediction for 2030?
As per our forecast, Lido DAO price prediction for 2030 is as high as $40.
Will Lido DAO go up?
Yes, the price of Lido DAO is likely to go up in the coming years. The coin is already on a bullish run that may continue for years.
Is Lido DAO a good investment?
Based on our analysis and LDO price forecast, Lido DAO is a good investment. It is currently one of the most undervalued crypto assets and will likely rise significantly in the future.