Cryptocurrencies Price Prediction: Altcoins, Lido & Cronos – European Wrap 17 April
|New altcoins crash and burn, but this altcoin shows strength
The altcoins that debuted in late 2023 or early 2024 saw impressive performance as they rallied higher. But at the time of writing, some of these tokens plunged by 20%, 30%, 40%, and even more in the past three to five weeks. Binance Coin (BNB), however, has shown resilience despite the recent market turmoil.
Lido DAO announces new phase on Ethereum with Simple DVT module
Lido DAO (LDO) announced that the Simple Distributed Validator Technology (DVT) is now officially ready for mainnet deployment. Lido DAO voted on this module nearly six months and laid the groundwork to diversify their node operators with the help of users that stake their assets with Lido.
Cronos price fails to recover despite network upgrade
Cronos (CRO) is an Ethereum Virtual Machine (EVM) compatible chain in the Cosmos ecosystem. A mainnet upgrade was completed early on Wednesday and the asset’s price declined nearly 2% in the past 24 hours.
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