Crypto strategist and trader, Pentoshi, predicts rallies for two altcoins in the near future. He believes that Lido DAO (LDO), an Ethereum-based automated staking service, will experience a significant increase in price due to speculations about US regulators approving the staking of ETH held in spot Ethereum ETFs. Pentoshi targets $3.612 for LDO, which is currently valued at $1.95. Pentoshi also mentions Ondo Finance (ONDO), a DeFi protocol that tokenizes real-world assets, and expects short-term rallies leading up to the ONDO Summit on February 6th. However, he plans to sell his ONDO holdings before the event. ONDO is currently valued at $1.29.
Content Editor ( dailyhodl.com )
- 2025-01-28
Analyst Predicts ‘Violent’ Rallies for Ethereum-Based Altcoin, Says RWA-Focused Coin a Good Short-Term Play
