Today, let's recommend another altcoin, a high-quality project in the Ethereum ecosystem that is the most undervalued: $LDO 【Leader in Staking Sector】
LDO has performed relatively sluggishly over the past year, showing an overall downward trend, but now BlackRock has submitted an ETF staking-related application, injecting confidence into the Ethereum staking sector. On the other hand, the strengthening price of Ethereum is driving a rebound in related projects within the ecosystem.
The reasons I am optimistic about $LDO going forward are:
①: As the leader in Ethereum staking, LDO's revenue is related to the price of Ethereum. When the price of Ethereum rises strongly, the demand for staking will increase, and LDO's revenue growth will be more significant.
②: The increase in the scale of Ethereum staking drives a rebound in liquid staking, and as the leader, LDO benefits the most.
③: Clear signals for bottom accumulation and sufficient time for accumulation during the previous downward trend, resulting in a relatively stable chip structure, laying the foundation for future price increases.
If you are still hesitating and can't make up your mind, then come to @Crypto流星 ! Let the meteor take you to progress together. If you want to seize this bull market, learning on the go will definitely be too late; it’s best if someone can help you get started quickly.
