Ondo

Rally

Coin

<ul class="news-points">
 <li>ONDO hits new ATH at $0.8162 amid whale activity and market optimism.</li>
 <li>BlackRock’s digital asset fund spotlight boosts ONDO as it expands tokenization in the Asia Pacific.</li>
 <li>Technical indicators suggest ONDO may be overbought, hinting at potential correction.</li>
</ul>
Ondo Finance’s native token, ONDO, has witnessed an upturn, marking a new all-time high (ATH) of $0.8162 after finding support at the intra-day low of $0.6931. At press time, the rally was still in play, with ONDO price up 0.21%, exchanging hands at $0.7209.
<img decoding="async" src="https://lh7-us.googleusercontent.com/lbz4BIf7beVHMHD2lK2AqwUgykPG1G4ftgmF98YFaZeIHDDyD5X_RusvYlTJzZjDGeNiw1EFrCVxw49cMosHV3obMgYhudPMaVCjLnyaJtzYRBVpbX0pHSQ9WaptMmcllDTVXFbmG__XFX-zLNQAy-Y" width="602" height="464">ONDO/USD 24-hour price chart (source: <a href="https://coinstats.app/coins/ondo-finance/" target="_blank" rel="noopener noreferrer nofollow">CoinStats</a>)
<h2 class="wp-block-heading" id="h-surging-interest-and-whale-activity">Surging Interest and Whale Activity</h2>
The price surge in ONDO comes amid increased interest from large investors, “whales,” who have been actively transacting large amounts of the token. Data from cryptocurrency analytics platform Santiment shows an uptick in whale transactions, with those involving at least $100,000 worth of ONDO rising from 68 to 91 unique transactions within 24 hours. This increased activity from large investors is often a precursor to heightened price volatility and can significantly influence market dynamics.
In parallel to the whale transactions, there has been a decrease in …
The post <a href="https://coinedition.com/ondo-finance-ondo-hits-ath-as-whale-transactions-fuel-rally/" rel="noopener noreferrer nofollow">Ondo Finance (ONDO) Hits ATH as Whale Transactions Fuel Rally</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ondo Finance (ONDO) Hits ATH as Whale Transactions Fuel Rally

목차

Coin Edition

2024년 3월 22일에 게재된 다른 기사

Terraform Labs’ Do Kwon to be released from Montenegro prison, remains under legal scrutiny

OKB Predictions for 2024: When Will OKB’s Value Eclipse $300?

Ripple's Garlinghouse Questions SEC's Strategy on Ethereum in Wake of Legal Disputes

Chainlink Flips Cardano To Become #1 Crypto In This Metric

BlockDAG’s Sensational Presale Now in Batch 4; Chainlink and AKT Crypto’s News Propels Investors ...

Bitcoin Struggles to Break $68,000, Should Investors Worry?

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!