Finance is playing acrobatics: Ondo Finance unveils its blockchain Ondo Chain, a bridge between the Wall Street barons and the DeFi pirates. Get the popcorn ready, it's going to shake things up.
This week is set to be eventful in the crypto market with a historic token unlock estimated at $3 billion, the largest since November 2023. At the heart of this event, Ondo Finance is preparing to release 1.94 billion ONDO tokens on January 18, representing over 130% of its current circulating supply.
ONDO traces a doomed trajectory: a misstep below $1.48 and the altcoin will plunge, leaving behind dreams and illusions.
After reaching its ATH, ONDO faced selling pressure bringing its price down to $1. Let's examine together the future prospects for ONDO.
The emerging sector of tokenized assets backed by real assets, notably the indispensable US Treasury bonds, is experiencing a soaring rise in 2024. With a market capitalization now exceeding $1.5 billion, this new class of crypto assets is attracting a growing number of investors looking for innovative opportunities.