Lido DAO (LDO) Can Lose Its Position Over InsanityBets (IBET) If Crypto Staking Purge Continues

March 13, 2024

The recent charges by the US Securities and Exchange Commission against Kraken’s staking services have cast a shadow over Lido DAO (LDO), propelling it into a fresh wave of challenges.

Amidst growing concerns, many investors are reconsidering their stakes in cryptocurrencies closely linked to staking operations, such as Lido DAO (LDO). In this climate of uncertainty, attention is turning towards InsanityBets ($IBET), a project in presale that’s generating buzz for its potential.

Analysts are forecasting an impressive 1700% gain from its initial offering price of $0.001, with the first stage of its presale quickly depleting the available tokens. As the price is set to increase, now could be a pivotal moment to explore $IBET as a promising investment avenue.

Positive Highlights on Lido DAO (DAO)

First, we get into the positives of having Lido DAO (LDO) in your crypto portfolio. As a liquid staking solution for Ethereum (ETH) and is other proof of stake networks, there is no question about Lido DAO (LDO) having a strong underpinning. In this aspect, it can be comparable with an impressive background of InsanityBets (IBET).

Aside from its fundamentals, its price action has been stellar in the past year. LDO is up 113% year-over-year, making it among the few cryptocurrencies to record a positive performance during the period. Moreover, its 90-day chart speaks of a stable growth, having increased 184.84% in the last three months.

Why is InsanityBets (IBET) a Better Choice than Lido DAO (LDO?

Discover InsanityBets, the pinnacle of CasinoFi and GameFi, offering a unique blend of gaming and financial opportunity. This decentralized platform revolutionizes the traditional casino model, allowing players to harness the power of blockchain technology and become the house themselves.

The presale, with an initial price of $0.001 and a target of $0.018, presents an extraordinary 1700% gain, positioning InsanityBets as a leader in the market. The platform’s fairness and transparency are guaranteed by Chainlink VRF for RNG, ensuring a level playing field for all. By investing in the Insane Liquidity Pool ($ILP) with $USDT, $ETH, or $BTC, players earn from the platform’s economic success, directly benefiting from game losses.

Staking $IBET translates to $sIBET, offering a 35% share of protocol fees and the chance to significantly boost yields. This secure, community-driven platform, backed by comprehensive audits and governed by a DAO, promises a dynamic ecosystem where gaming meets investment, setting a new standard for online betting experiences.