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Lido DAO: Ethereum's biggest Merge staker just jumped 30% — will LDO rally into September?

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cointelegraph.com

Lido DAO (LDO) price edged higher on Aug. 3, primarily due to similar upside moves elsewhere in the crypto market and a rising euphoria around Ethereum's network upgrade in September.On the daily chart, LDO's price reached an intraday high of $2.40 a day after bottoming out locally at $1.84.

The sharp upside reversal amounted to nearly 30% gains in a day, suggesting traders' strengthening bullish bias for Lido DAO.Lido DAO is a liquid staking solution for Ethereum by total value deposited.

Read more on cointelegraph.com
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