A month ago I said don’t short $LDO around $0.3237.
Today it’s above $0.40, already +24% from my call, and I still think this is only the early part of the move. 🎯
One thing that keeps me interested is the supply structure. Binance alone holds roughly 124M LDO, around 12.4% of the total supply, while Lido has also activated its NEST buyback mechanism.
I’m looking at $LDO as a potential 3x to 5x play over time, not something that has to happen tomorrow. Expect pumps, corrections and periods where nothing happens.
Same thinking I had with $HEI around $0.10 before it eventually ran toward $0.50.
Patience matters more than chasing every candle.
Today it’s above $0.40, already +24% from my call, and I still think this is only the early part of the move. 🎯
One thing that keeps me interested is the supply structure. Binance alone holds roughly 124M LDO, around 12.4% of the total supply, while Lido has also activated its NEST buyback mechanism.
I’m looking at $LDO as a potential 3x to 5x play over time, not something that has to happen tomorrow. Expect pumps, corrections and periods where nothing happens.
Same thinking I had with $HEI around $0.10 before it eventually ran toward $0.50.
Patience matters more than chasing every candle.
