Midterm - LDO
Lido -#lido
HOT NEWS! ! !
Lido and Paradigm investment fund have invested heavily in the new project Symbiotic. This is a competitor to the recently hot product EigenLayer.
This problem is very good. Lido doesn't need to reform all their systems. Through this, stETH will be used as the main token for Symbiotic. The newly launched staking mechanism brings many benefits to LIDO and of course the price will follow.
In the long term, lido has solved the problem that its competitors raised. Lido will win over EigenLayer for sure.
-> Paramdigm fund is currently the largest holder of Lido. Despite the recent market instability, many funds have released lido tokens. But Paramdigm remains loyal to the project, perhaps they know Lido's true potential in the future.
-> eth etf fund and whether eth etf is staking or not? -> Surely when the new president is elected, crypto will once again rise and ether staking projects will take the throne along with eth etf.
-> entries 1.6-1.7
-> target 16-20$
