According to Odaily, the value of LDO has fallen below 2.1 USDT, currently standing at 2.099 USDT, marking a 24-hour decrease of 11.07%. This drop comes in the wake of the U.S. Securities and Exchange Commission's (SEC) classification of Lido and Rocket Pool staking projects as securities. The SEC's decision has had a significant impact on the market value of these projects, leading to a decrease in the value of LDO. The market is closely monitoring the situation, as the classification of these projects as securities could have far-reaching implications for the broader cryptocurrency market.
LDO Value Drops Below 2.1 USDT Amid SEC's Classification of Lido and Rocket Pool as Securities
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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