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Cryptocurrency analyst names 2 tokens that will grow despite the overall market decline

2:45 pm, September 7, 2022

The host of the YouTube channel Coin Bureau has named 2 cryptocurrencies that have a good chance of rising in price despite the general decline in the value of digital assets on the market. The top most promising cryptocurrencies include: Cardano (ADA) and Lido DAO (LDO).

According to Coin Bureau analysts, the value of Cardano will increase significantly due to the long-awaited update of the Vasil hard fork. The transition of Cardano to Vasil will take place on September 22, which is called one of the central cryptocurrency events. The fork will significantly improve the functioning of the entire Cardano network along with the optimization of smart contracts and DApps. At the time of writing, ADA is trading at $ 0.46.

The second most promising token is Lido DAO (LDO), which was predicted to grow by 50% on the eve of The Merge.«LDO will gain momentum as the Ethereum merger approaches. This is due to the fact that Lido Finance is used to place ETH in a liquid manner, i.e., available for trading,» the Coin Bureau host said. It is worth noting that the Lido DAO cryptocurrency was ranked first among the most profitable cryptocurrencies for the week (from August 29 to September 5, 2022). At the time of writing, LDO is trading at $ 1.83.

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BTC

$55,696.89

-2.70%

ETH

$2,964.41

-1.32%

BNB

$501.87

-0.20%

XRP

$0.43

-1.71%

SOL

$136.14

-2.09%

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