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On the presale front, the 99Bitcoins token is leading the way, with its total raise surpassing $2.2 million.Lido DAO has spearheaded the market’s recovery today following claims that the United States Securities and Exchange Commission will close its probe into whether ETH is a security.
However, Consensys intends to pursue the SEC regarding the regulatory status of MetaMask Swaps and Staking. Currently priced at $2.35, LDO holds a $2 billion market cap and a $311 million 24-hour trading volume, up 35%. Against BTC and ETH, LDO is trading at long-term support levels. Meanwhile, it is approaching a trendline resistance against USD, a pattern that has previously enabled significant upward movements.But as Lido DAO gains pace, some analysts are also backing the newly launched 99Bitcoins token for success as its presale cruises past $2.2 million.
However, it is worth noting that the presale is available on the Ethereum network, ensuring widespread accessibility.
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