sETH

Token

Cardano

Read

ApeCoin

From early September, LidoDAO (LDO) prices fell. ApeCoin (APE) followed suit but more investors are exploring a new crypto project, Domini.art (<a href="https://domi.la/457jXKG" target="_blank" rel="noreferrer noopener">DOMI</a>). 
<h2 class="wp-block-heading" id="ldo-drops-following-contract-exploit">LDO drops following contract exploit</h2> 
On Sep. 10, blockchain security firm SlowMist revealed that Lido’s code doesn’t follow the guidelines set by the ERC-20 token standard, allowing users to conduct transactions despite a lack of funds.&nbsp; 
Experts believed this loophole made LidoDAO vulnerable to hacks. In response to SlowMist’s post, LidoDAO assured users that their LDO and sETH tokens were safe and secure. 
 You might also like: <a href="https://crypto.news/slowmist-warns-about-fake-deposit-flaw-in-lido-token-contract/"> SlowMist warns about ‘fake deposit’ flaw in Lido Token contract </a> 
Following this news, LDO dipped by 4.1% from $1.53 to $1.47 between Sep. 10 and 13.&nbsp; 
Investors also linked this dip to recent news and a US court permitting FTX to sell coins and repay creditors. 
Although LDO fell, analysts are bullish.&nbsp; 
<h2 class="wp-block-heading" id="ape-drops-despite-voting">APE drops despite voting</h2> 
On Sep. 8, ApeCoin said community members could vote for four new proposals to expand its ecosystem. Experts speculated that this news might support APE prices. 
However, APE remains under pressure. Between Sep. 8 and 13, APE plunged by 16.4% from $1.35 to $1.13.&nbsp; 
 You might also like: <a href="https://crypto.news/baycs-apecoin-donates-1-million-to-ethereum-development/"> BAYC’s ApeCoin donates $1 million to Ethereum development&nbsp; </a> 
Investors attributed the drop to the broader negative crypto sentiment, partly because the US Securities and Exchange Commission (SEC) delayed its decision to approve Ethereum Futures ETFs and spot Bitcoin ETFs. 
APE traders are, nonetheless, bullish, pointing to the favorable indicators in the monthly chart. 
<h2 class="wp-block-heading" id="investors-turning-to-domini-art">Investors turning to Domini.art</h2> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh5.googleusercontent.com/uBa4w14BgRaWtW3-tGnucZqM1xoRWp984RV79OoKh6E5Su8yw2jDgEKk-TZLJEQ-Xtk9k0TWEhe1I69OEzFrequ82vmi16vAXNze2RCEek-h_njfxRvPAnFV_a_YsXn6XSSHxt1m_SLRSMk3uIzfmqY" alt="Investors exiting LidoDAO and ApeCoin to explore new crypto project - 7">
</figure> 
Domini.art is an art marketplace aiming to democratize access to blue-chip art via fractionalization.&nbsp; 
While traditional marketplaces are expensive and allow little diversification, Domini.art enables investors to diversify their portfolios by exploring various art genres. The platform also provides consultation services for art investors who need help with their investments. 
 You might also like: <a href="https://crypto.news/analysts-domini-art-might-outperform-eos-and-cosmos/"> Analysts: Domini.art might outperform EOS and Cosmos </a> 
The portal provides investors with personalized investment recommendations based on their investment goals. In addition, DOMI holders can unlock additional privileges, such as tiered memberships and exclusive discounts, and access new blue-chip art. DOMI is a deflationary ERC-20 token.&nbsp; 
Domini.art is currently in the beta stage of its presale. DOMI prices will rise 25% from $0.0021 to $0.002625 in the next phase. Presale investors can also receive a 10% bonus. 
Learn more about DOMI here: 
<a href="https://domi.la/457jXKG" target="_blank" rel="noreferrer noopener">Visit Domini presale</a>&nbsp;|&nbsp;<a href="https://linktr.ee/dominiart" target="_blank" rel="noreferrer noopener">Join our community</a> 
 Read more: <a href="https://crypto.news/cardano-expands-investors-eye-domini-arts-growth/"> Cardano expands, investors eye Domini.art’s growth </a> 
 Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Investors exiting LidoDAO and ApeCoin to explore new crypto project

Table of Contents

crypto.news

Other articles published on Sep 17, 2023

Stoner Cats NFT Floor Price Surges After U.S SEC Action

BTC Reclaims $26,000 After Textbook Short Squeeze; How Will This 100X Bitcoin Alternative Perform...

A Beginner’s Guide To Decentralized Derivatives

Analis Bloomberg: BTC Masih Rentan Turun Lebih Rendah Lagi

OKX NFT Marketplace Sees 114% Volume Surge

Cryptocurrency Feeding Innovation Economy in Georgia

Join our free newsletter for daily crypto updates!