[Bài Viết Quảng Cáo] During the period when the cryptocurrency market was recovering, Lido DAO – an Ethereum staking lending platform, achieved the most impressive growth.
On the other hand, in the presale market, tokens 99Bitcoins is very popular with total funds raised surpassing $2.2 million.
LDO price skyrocketed thanks to rumors that the SEC will stop investigating Ethereum
Lido DAO is leading the cryptocurrency market rally today thanks to rumors that the United States Securities and Exchange Commission (SEC) will stop investigating whether Ethereum (ETH) is a security or not.
This information was revealed by Consensys, an Ethereum development company. According to Consensys, the SEC’s Enforcement branch has announced it will close its investigation into Ethereum 2.0. This is seen as a major win for Ethereum developers, technology providers and market participants.
However, Consensys will continue to pursue the SEC to clarify the legal status of the Staking and Swaps feature on the MetaMask wallet. Specifically, Consensys wishes to have an official statement confirming that providing user interface software for the Staking and Swaps feature on MetaMask does not violate securities laws.
This news about Ethereum has had a positive impact on the prices of cryptocurrencies in this ecosystem. According to CoinMarketCap’s latest data, the total market value of the Ethereum ecosystem also increased by 3.5%, reversing after weeks of strong declines.
Lido DAO, the largest Ethereum staking platform today, is leading the recovery. LDO’s price spiked 16% in the past 24 hours and 27% on the week. Currently, LDO has a price of $2.35, a total market value of $2 billion, and a 24-hour trading volume of $311 million (up 35%). LDO’s strong growth can be attributed to two main factors:
- First, Consensys’s pursuit of the SEC to clarify the staking issue could be a reason for LDO’s price increase.
- Second, market analysts are predicting a bright future for LDO. Famous analyst Will said that “July will be the time for LDO to shine“. This prediction is based on both the actual situation and chart analysis of LDO. The chart shows that LDO has an advantage when trading with other coins such as BTC, ETH and USD.
- Compared to BTC and ETH, LDO price is currently at a long-term support level, a price level that has been proven and has been difficult to drop in the past.
- Meanwhile, LDO price is approaching trendline resistance against the USD. Although it is resistance, this is a pattern that often signals the possibility of strong price increases in the future.
Besides Lido DAO, the market is also paying attention to the newly launched cryptocurrency – 99Bitcoins. Currently, the total capital raised from the 99Bitcoins presale has surpassed 2.2 million US dollars.
99Bitcoins Token will explode after the presale, according to expert predictions
99Bitcoinsa reputable cryptocurrency news and education site since 2013, has just launched its cryptocurrency 99Bitcoins Tokens.
What is attractive about 99Bitcoins Token?
- Learn-to-Earn platform: Join the new crypto education platform to learn while earning.
- Benefits for holders:
- Receive cryptocurrency trading signals, helping you make more informed investment decisions.
- Join the VIP community, where cryptocurrency enthusiasts gather.
- Receive staking rewards: Hold tokens and automatically receive rewards.
Why do investors pay attention to 99Bitcoins Token?
- The development team of 99Bitcoins has a good track record and is trusted by many people.
- Analysts also appreciate the potential of this cryptocurrency.
- Expert CryptoBoy on Youtube predicts that the price of 99Bitcoins Token could increase 100 times after listing on the exchange.
- According to the whitepaper of 99Bitcoins Token, the project is built on Bitcoin’s BRC20 platform, so it offers high security and price increase potential.
Currently, the presale of 99Bitcoins Token is taking place on the Ethereum network, making it easy for many people to participate.
The token price is currently at $0.011 but will gradually increase with each stage of the presale.
Disclaimer: This is a promotional article in the Press Release section, not investment advice. Investing in the crypto field is extremely risky, you can lose the entire investment amount. You need to research carefully before acting, we are not responsible for your investment decisions.
