$LDO performed well, it has been held for almost a month. When the market dropped significantly before, the strategy I provided allowed everyone to ambush around 0.75. Currently, the return is over 30%. This is relatively stable altcoin, of course, it cannot be compared to those small-cap altcoins that surge dramatically, but you also wouldn't dare to heavily invest in small-cap altcoins. Investing in LDO is about positioning for the Ethereum upgrade market; we basically haven't missed out on this wave, whether it's the earlier BTC or the current altcoin market. Another reason I value LDO is that it has no lock-up; the circulation rate is 100%, unlike many tokens that will have a large amount unlocked in the future, which poses the risk of dilution.

Of course, there are risks, such as if ETH significantly lowers the staking threshold or if the verification technology is greatly simplified, which would weaken Lido's value foundation, but this is unlikely to happen in the short term. There is also the extreme case of ETH itself collapsing, but I think the probability of that is low.

Lido's potential growth also includes: increased market share, rising bargaining power after monopolization, and the potential for future ETFs that can be staked to re-enter the non-ETH staking market.

Overall, if we don't consider the price fluctuations of ETH itself, I believe LDO's reasonable valuation is around 2 dollars, and in a bull market, we can expect to see prices of 5 to 8 dollars.