Tag: support

The Lido Dao price returns to visit the key support level: what follows for LDO?

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  • The price of Dao Lido (LDO) fell almost 10% as the Altcoins collapsed.
  • The Bitcoin rebound causes the DAO Lido price to recover at a key level.
  • However, the bassists are likely to throw down.

    • Lido Dao (LDO), a leading liquid staking protocol in the market, saw the price of its native token fall in almost two digits as volatility hit cryptocurrencies on the early Monday.

    Lido Dao (LDO) has recovered at a key technical level along with a broader recovery of risk assets.

    However, the prospects are still fragile, with the possibility of a new fall if the bassists regain control, especially if the price returns to the mark of 0.86 dollars.

    On-chain data add to the warning tone, since the activity of the whales around Ldo has shot.

    A great remarkable fork recently moved a significant amount of tokens to the main cryptocurrency exchanges, a movement that could indicate the intention of selling and potentially exerting down the price on the price.

    Dao Lido Price falls to the key support level

    The Dao Lido price exceeded $ 1.16 last week. However, since the Altcoins still can not dominate a Altcoins season, the price of Token has suffered a downward action to fall more than 16% in the last week.

    In the last 24 hours, the value of Token Ldo fell to $ 0.86. This decline in the first hours of negotiation of May 19, 2025 lined up largely with the fall of Bitcoin from more than 106 thousand dollars.

    A broader market trend that also caused Ethereum to lose profits below USD 2,300 also shaped the action of the DAO Lido price.

    “The broadest space of cryptocurrencies is experiencing a similar impulse. Coinbase will join the S&P 500 tonight, a historical moment for institutional credibility, which occurs immediately after its acquisition of detribit. Generalized adoption is no longer a matter of“ yes. Volatility markets coincide. Despite the lateral action in cash, the cryptocurrency volumes remain firm and $ BTC purchase bias is maintained in all deadlines, a structurally bullish positioning signal ”, They published QCP analysts.

    LDO Price Analysis

    Part of the bearish pressure on the price of Dao Lido comes from the sale of whales.

    The profits and other market dynamics have caused large holders to get rid of Ldo tokens.

    The data tracker and analysis on-chain lookonchain highlighted one of those incidents on Monday.

    According to the data, a large whale threw 21.3 million tokens Ldo (for an approximate value of USD 21.6 million) during the past week.

    The sale joined the General Profit Agreements, which caused the Lido Dao price to fall more than 25% during the week.

    Speculation about a probable sale of privileged information also contributed to the fall in today’s prices.

    Graphic Ldo of tradingview

    Technical indicators offer a bassist perspective. The relative force index (RSI) indicates that LDO is close to the over -sales territory.

    Meanwhile, the divergence of convergence of the mobile average (MACD) suggests weakness with a bassist crossing.

    If LDO remains above USD 0.86, could point to a resistance close to USD 1.00. However, the downward action could cause them to slide around $ 0.80.

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    Dogecoin points to the support level of $ 0.16, with the presale of Bitcoin Pepe now above 7 million dollars

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    Key conclusion

    • Doge has dropped 4 % in the last 24 hours and could fall to the support level of $ 0.16 soon.
    • Bitcoin Pepe’s price is expected to increase before the new stage after raising $ 7.1 million.

    Doge falls 4 % in the middle of a generalized recession of the market

    Doge, the native currency of the Dogecoin ecosystem, is the worst performance among the 10 main cryptocurrencies for market capitalization. The currency has dropped 4 % in the last 24 hours and could further fall if the bearish trend persists.

    At the close of this edition, the Dogecoin price It is 0.1770 dollars and could fall to the support of $ 0.160 if the market conditions persist. Bitcoin has also fallen below $ 94,000 and could try the $ 91,000 support in the next few hours or days.

    Bitcoin Pepe’s presale exceeds 7 million dollars

    The memecoins have had a lower performance this weekend, with most lowering 3 % or more in the last 24 hours. However, the new meme projects, especially those useful, continue to attract investors.

    Bitcoin Pepe is developing a new layer 2 project that could release Bitcoin’s liquidity and make it available to the Memecoins market. Its exciting product continues to attract more investors, and its presale approaches a new stage.

    It is also the first initial offer of tokens (ICO) of Memecoins in the Bitcoin blockchain and could record a massive adoption once your product and Token are available. Currently in presale, Bitcoin Pepe has raised almost 7.1 million dollars and will enter the tenth stage once the financing reaches 7.7 million dollars.

    Investors are taking advantage of the presale to ensure an early position in this project. Bitcoin Pepe’s BPEP token will boost the entire ecosystem and is available for purchase through the Bitcoin Pepe website. Accepted payment methods include ETH, USDT, USDC, BNB and Sun.

    Click here to participate in the presale of Bitcoin Pepe.

    Is Bitcoin Pepe a valuable project?

    Bitcoin Pepe’s technical report suggests that it could become an excellent project with the proper adoption level. The equipment is building a layer 2 to house Memecoins trading in the Bitcoin blockchain.

    The team explained that they chose Bitcoin due to their enormous liquidity and security. NFT and DEFI protocols are already active in Bitcoin’s blockchain, but Memecoins trading is not yet available.

    The Bitcoin Pepe layer 2 network will introduce Memecoins trading in Bitcoin, allowing developers to access the liquidity and high -level safety features of the blockchain. The L2 network will provide developers with the tools to migrate their memes from other blockchains to Bitcoin’s blockchain.

    With millions of memecoins currently available in the world of cryptocurrencies, most still face liquidity and security difficulties. The launch of Memecoins in Bitcoin’s blockchain will allow them to take advantage of their enormous liquidity (more than one billion dollars). With adequate adoption, Bitcoin Pepe It could become one of the 2 leaders’ layer networks in the cryptocurrency market.

    BPEP will boost activities within the Bitcoin Pepe ecosystem, guaranteeing that developers and users use this token for various transactions. Thanks to their unique value proposal, the first investors could enjoy a massive ROI once $ BPEP launches in cryptocurrency exchanges.

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    The burning proposal of 150 million OM from the founder of Mantra obtains a support of 81%: can it promote a recovery?

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    • The mantra CEO will burn 150 million tokens OM to rebuild confidence after the 90% drop in the mantra price.
    • 81% of the community has supported the burning proposal.
    • While some are optimistic about the impact of tokens burning, the OM price continues to fight at $ 0.50.

    After the dramatic fall of 90% of the price of mantra on April 13, 2025, as a result of reckless liquidations, the founder and CEO of Mantra, John Patrick Mullin, announced an ambitious plan to burn his personal assignment of 150 million tokens OM.

    This measure seeks to rebuild confidence in layer 1 blockchain, focused on the tokenization of real assets. Although the fall of April 13 eliminated more than 5 billion dollars in market capitalization in a matter of hours, Mullin’s commitment to burn tokens valued at approximately 82 million dollars at current prices has surprised the crypto community.

    The community overwhelmingly supports Mullin’s proposal

    A X survey Made by John Patrick Mullin, he has obtained more than 8900 votes, with more than 81% of respondents supporting the immediate burning of their tokens. This firm support reflects the desire of the community to take decisive measures to try to help the recovery of Token OM.

    According to the burning proposal, the tokens, currently without a staking, will be sent to the Network Burning Directorate before April 29, 2025. The process guarantees transparency and compliance with protocol standards.

    Mantra is also exploring a major burning with ecosystem partners, and the burning of 150 million additional OM tokens is being negotiated. This would add 300 million tokens that would burn, or 16.5% of the total supply of 1817 million. This reduction could significantly alter the dynamics of Token supply. If successful, the total supply of tokens OM would be reduced to approximately 1517 million.

    Potential impact of tokens mantra burning proposal

    The burning is expected to impact mantra tokenomics. It will reduce the bond rate from 31.47 % to 25.30 %. Staking tokens will decrease from 571.8 million to 421.8 million.

    This adjustment will increase the Staking Tae for the remaining tokens. Greater staking rewards could encourage headlines to block their OM. Lower sales pressure could favor price stability. However, despite the announcement, the price of OM has remained stagnant, currently quoting at approximately $ 0.5396, an increase of only 0.1 % in the last 24 hours.

    After the announcement of the burning, the Token experienced a slight rebound until reaching a maximum intradic of $ 0.5585 before falling quickly to the range of 0.50 $. It is assumed that the current destaking process could be delaying a significant price movement, while market skepticism persists after the impact of the fall.

    Approximately 4 million om tokens unlock every few weeks, and with 45% of the supply still blocked, the sales pressure could counteract the benefits of burning. The fall of April 13 generated dirty game suspicions, and community members accused the mantra team to orchestrate a massive sale, statements that Mullin and the Digital Laser investor flatly denied.

    Can the mantra price recover in case of burning?

    Currently, the price of OM struggles to exceed $ 0.55, especially with the ongoing unlocks and possible imminent liquidations. In view of this, the feeling of the market remains cautious, and the psychological impact of burning may not materialize completely until it is completed.

    However, in the long term, burning could lay the basis for growth. A 16.5% reduction in the supply is substantial and, added to Stking incentives, could restrict the circulating offer, which would lead to a normal supply-demand curve that could result in an increase in the price.

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    FTT leads the vote on the exclusion of Binance with 11.1% community support

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    • The vote was held from April 10 to 16, 2025.
    • Zec and Jasmy followed with 8.6% of the votes each.
    • Binance says that the votes will not be the only factor for exclusion of the list.

    FTT, the native token of the collapsed exchange FTX, faces a renewed pressure after leading the second round of “slide” vote ”of Binance with 11.1% of the votes of the community.

    The vote, which was carried out from April 10 to 16, 2025, is part of the Binance’s broader governance program, which allows users to comment on tokens marked with a monitoring label.

    These tokens are considered to carry greater risk or volatility, which has motivated more exhaustive internal evaluations by Binance. While the results of the voting alone do not determine the exclusions of the platform, they do significantly influence the decision -making process of the Exchange.

    The Token has experienced a persistent bearish impulse since the beginning of the year, and its association with the collapse of FTX in November 2022 continues to cloud the confidence of investors.

    At the time of writing this article, FTT was quoted at $ 0.80, 4.1% less than in the last 24 hours, and his last decrease echoed the sales driven by the feeling observed in the first voting round.

    Fountain: Coinmarketcap

    Binance expands governance tools

    Binance’s “Vote for Delist” seeks to improve transparency and strengthen user participation in governance. It focuses on assets marked with monitoring labels, usually due to liquidity problems, regulatory risks or large price fluctuations.

    While the feeling of the community plays a key role, Binance has clarified that the exclusion decisions of the list are not determined only by the vote results.

    “The vote result will not be the only decisive factor for the final decision of exclusion of the list,” Binance said on its Square platform.

    The review process will also consider internal metrics and compliance standards, and any final decision can be delayed depending on the procedure requirements.

    The leading FTT position among the 17 tokens included in the second voting round suggests a strong community preference for its elimination, which reinforces the caution of the market over its long -term viability.

    The Altcoins face price drops and risk of exclusion from the list

    Other tokens also recorded notable levels of concern. ZCash (ZEC) and Jasmycoin (Jasmy) each received 8.6% of the votes, reflecting the growing distrust of users despite their historic popularity.

    GOPLUS Security (GPS) followed him with 8.2%, while PlayDAPP (PDA) obtained 7.6%. Voxies (Voxel), Alpaca Finance (ALPACA) and STP Network (STPT) also stood out, with 7.1%, 6.3% and 5.9% of the votes, respectively.

    Price data show that these tokens have begun to react to the vote results. Jasmy and Stpt fell around 6 % in the last 24 hours, while other cryptocurrencies showed more moderate descents.

    For example, Voxel, PDA and Alpaca published red candles, suggesting that investors’ anxiety can extend beyond the FTT.

    They were also included in the Flamingo Finance (FLM) list with 4.3%, ARK (5.8%), BISWAP (BSW) with 5.5%and Moviebloc (MBL) with 4.2%.

    Wing Finance (Wing) obtained a lower voting participation, with 3.8%, ardor (ARDR) with 3.6%and perpetual protocol (perp) with 3.4%. NKN and Lto Network closed the list with 3.2% and 2.9% of the votes, respectively.

    The market awaits Binance’s decision about the FTT

    Although Binance’s final exclusion decisions are pending, the data indicates a clear tendency of the community to move away from the tokens considered unstable or committed.

    Market participants are expected to closely monitor the Binance review process, particularly for tokens such as FTT and Jasmy, which continue to attract regulatory and public scrutiny.

    The bag has not announced a firm schedule for exclusion and reiterated that internal reviews are still ongoing.

    However, the impact on the market has already materialized, with strong short -term price drops and commercial volumes that show volatility in affected tokens.

    Once this voting round is completed, Binance’s next steps could sit on how much influence the community’s comments will have when shaping the platform assets offers in the future.

    The Post FTT leads the vote on the exclusion of Binance with 11.1% support from the Appeared First On coinjournal community.

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