LDO Price Pumps Over 185% as Result of Grayscale Adding LidoDAO to its Trust Products

• Bitcoin price moves sideways as altcoins take the lead.
• LidoDAO price pumps over 185% due to Grayscale LDO Trust products.
• Chainlink (LINK) price pumps alongside LDO.

Bitcoin price continues to waver just below and above the $100,000 price target after having hit $102,000, a price close to the pioneer crypto asset’s previous ATH of $103,900.47. While BTC dominance fell, altcoin prices began to pump. One of the trending altcoins today is LINK which pumped in price alongside other altcoins like LidoDAO.

LidoDAO (LDO) Price Pumps 185%

In detail, LidoDAO’s volume soared over 185%, trading at $2.28, and now ranking among the top 3 gainers. The surge, according to seasoned traders, follows reports of Grayscale adding Lido DAO (LDO) to its Trust products. While altcoins seem to have embraced the early start to altseason, traders and analysts await eagerly for BTC price to rally.

According to one analyst, BTC price will fluctuate between $90,000 to $110,000 during Bitcoin’s ongoing sideways movement. This indicates more dips and new ATHs in the coming days ahead. More so, analysts expect BTC price to hit a new ATH of $125,000 by January or February and then pump towards the $130,000 price range.

Altcoins LINK and LDO See Significant Surge

While expectations for Bitcoin to run high, anticipation for new altcoin ATHs is also building up. Many altcoins have already begun to pump and assets like SUI and ONDO have gone on to set new ATHs. It seems now LINK and LidoDAO have taken the spotlight.

According to CoinMarketCap analytics, LidoDAO price stands at $2.22, a price away from its previous ATH of $18.62, with a total market cap of $1,991,132,471.62 and a 24-hour trading volume of $613,316,802.85. Similarly, Chainlink price stands at $28.98, a price away from its previous ATH of $52.88, with a total market cap of $18,178,530,105.12 and a 24-hour trading volume of $3,547,526,731.37.

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