Bitcoin Cash

Elite

Shiba Inu

DeXe

Gains

<p>The cryptocurrency markets witnessed significant price rallies for ONDO and DeXe tokens today, with ONDO surging over 35% and DeXe climbing more than 10%. These substantial gains have caught the attention of traders and analysts within the crypto community.</p>
<p>ONDO’s impressive rally comes amidst speculation of a potential partnership with BlackRock, the world’s largest asset manager. An analyst known as <a href="https://twitter.com/nottellingyou73/status/1770194970902999502" target="_blank" rel="noopener noreferrer nofollow">“Not Telling”</a> on Twitter has been vocal about this possibility, claiming that the “BlackRock + $ONDO partnership will be announced soon.” Notably, two months ago, the same analyst highlighted that ONDO had already tokenized a BlackRock Bond ETF on-chain, with a total value locked (TVL) of $187 million despite having only a $300 million market capitalization at the time of launch.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="591" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-863-591x1024.png" alt="" class="wp-image-455947" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-863-591x1024.png 591w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-863-173x300.png 173w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-863-768x1331.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-863-886x1536.png 886w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-863-1181x2048.png 1181w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-863-87x150.png 87w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-863-100x173.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-863-202x350.png 202w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-863-788x1366.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-863.png 519w" sizes="(max-width: 591px) 100vw, 591px">
</figure>
<p>The anticipation surrounding this rumored partnership appears to be a driving force behind ONDO’s price surge, as traders and investors position themselves for a potential upswing if the collaboration materializes.</p>
<p>On the other hand, DeXe’s price pump has been attributed to technical factors and increased trading activity on major cryptocurrency exchanges like Binance., based on analysis from “<a href="https://twitter.com/_COWTrader/status/1770334238908289411?t=5VkC8GBCgc4LaFGkwLdLWw&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">_COWTrader</a>” and <a href="https://twitter.com/OggyBitcoin0/status/1769887118589935671?t=UyzqU-aDZjI9Kub7boGqeQ&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">“OggyBitcoin0</a>, Further analysis shows that DeXe broke out of a consolidation zone after accumulating for 13 days, potentially triggering further gains.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="476" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-864-1024x476.png" alt="" class="wp-image-455955" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-864-1024x476.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-864-300x139.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-864-768x357.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-864-1536x714.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-864-2048x952.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-864-323x150.png 323w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-864-100x46.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-864-753x350.png 753w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-864-788x366.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-864.png 770w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>It’s worth noting that a breakout from a consolidation zone, where an asset trades within a narrow range, can often signal a shift in market sentiment and the potential for a new trend to emerge. Analysts suggest that the increase in trading volume and the breakout from the consolidation zone could fuel additional upward momentum for DeXe in the coming days.</p>
<p>While the reasons behind these price pumps may vary, the cryptocurrency market remains highly speculative, and traders are advised to exercise caution and conduct thorough research before making investment decisions.</p>
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<p>The post <a href="https://captainaltcoin.com/ondo-and-dexe-prices-pumping-heres-why/" rel="noopener noreferrer nofollow">ONDO and DeXe Prices Pumping, Here’s Why</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

ONDO and DeXe Prices Pumping, Here’s Why

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