Advanced crypto strategist and merchant Pentoshi, two alternative crypto currencies can be increased soon, he said. In a statement to 847,800 followers in Social Media Platform X, Ethereum $3,195.6 Based Lido Dao (LDO) is preparing for an important price movement, he said.
LDO’s rise potential
Pentoshi predicts that traders will enter long positions with LDO’s confirmation of the stinging of ETH hiding in US regulators in Spot Ethereum Stock Exchange Investment Funds (ETF). This development can provide a positive acceleration for LDO.
Pentoshi: “As applications arrive, there may be a major correction in the price of LDO. If you think Eth Stinging will be approved, LDO is probably a good investment. Currently, the price is increasing rapidly and it has started to reflect this situation. ”
Ondo finance and summit effect
Pentoshi also drew attention to Ondo Finance (Ondo). Ondo is a defi protocol aimed at tokening real world assets. Ondo Summit 2025, which will be held on February 6, can contribute to the short -term rise of the crypto asset.
Pentoshi: “The ond summit is in the next 10 days. Blackrock’s head investment manager will talk, there are many connections there, which can lead to speculation in the short term. The price may rise towards the event, then sales can be realized depending on the news. Short -term good gameplay can be. “
Trader’s strategy
Trader said it plans to put on the ondo stock just before the event. This strategy aims to benefit from possible price fluctuations after the event. For the time being, LDO is worth $ 1.95 and Ondo is worth $ 1.29.
Pentoshi’s predictions show that LDO and Ondo can experience significant price movements thanks to the upcoming regulatory approvals and events. Investors can closely follow such developments and shape their strategies.
It should not be forgotten that the crypto markets are volatility due to the nature. Such investments have a high risk and it is important that investors do their own research and be careful.
In investment decisions, it may be useful to take into account market trends and related developments. In particular, regulatory approvals and the impact of large activities should be considered.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
