Lido DAO (LDO) price gains today suggest the bulls are determined to push it to the $2.5 mark as the broader crypto market cap increased in the last day.
LDO has joined the top-gaining coins today, June 7, with an over 6% price increase over the past 24 hours. The token closely follows PEPE, which has gained over 12% in the last 24 hours.
LDO Price Surge Amid Improved Market Sentiments
While LDO ranked 6th among top daily gainers, it scored second among top weekly gainers with a 13.48% price increase over the past seven days. Having a high of $2.45 and a low of $2.22, LDO is eyeing the $2.5 price level and might conquer it if the bulls continue to dominate the market.
According to CoinMarketCap data, Lido DAO has witnessed impressive price performances over the past 30 days. The token price has increased by over 36% in the last 30 days, 20.2% in 14 days, and 13.48% over the past seven days.
The crypto market seems bullish as investors anticipate the May CPI data, which the US Bureau
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