Investors Speculate on Lido DAO Amid Revenue Sharing News on Uniswap; Rebel Satoshi Investors Sit on Their Holding Ahead of Launch
With bullish sentiment prevailing in the crypto market, top DeFi projects such as Lido DAO and Uniswap have experienced substantial gains. Concurrently, Rebel Satoshi, an emerging meme coin project, has surged by 140% during its public presale, which is slated to conclude on February 29. Which one of these top crypto coins: LDO, UNI, or $RBLZ, presents the optimal investment opportunity? Let’s seek insights from the experts.
On February 21, Lido DAO attracted attention by announcing its latest withdrawal aggregator: 1inch. This development enables traders to swiftly swap between stETH/wstETH and ETH using 1inch.
Since this announcement, the value of Lido DAO’s token has increased. On February 21, LDO traded at $3.068, but it increased to $3.383 on February 25, signaling a 10.27% increase in LDO’s value. Regarding price projections, some experts have a bullish outlook for Lido DAO because of its recent bullish trend. Hence, they forecast that LDO will surge to $4.548 before the end of March.
On the other hand, some analysts hold a bearish forecast for Lido DAO because of the possibility of sell-offs from investors looking to make a profit. Thus, they forecast that LDO will drop to $3.125 before February ends.
On February 23, the Uniswap Foundation put forward a proposal to enhance the protocol’s governance system. The proposal, submitted by Uniswap Foundation’s governance lead, Erin Koen, aims to reward UNI holders who have staked and delegated their tokens. Additionally, the proposal suggests enriching the fee mechanism to reward UNI token holders who have delegated and staked their tokens on the platform.
This development caused a buzz in Uniswap’s community, but the value of UNI has dropped slightly since then. On
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