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The Ondo worth has surged 31% within the final 24 hours to commerce at $0.9215 as of 12:50 a.m. EST on a 157% surge in buying and selling quantity to $397 million.
ONDO additionally skyrocketed 90% up to now week to hit a brand new all-time excessive of $0.9474 on March 25.
The ONDO token is crucial for powering the Ondo DAO and Flux Finance, mixing conventional finance with decentralized finance (DeFi) by means of the tokenization of securities.
Its wide selection of merchandise and rising collaborations throughout the blockchain group have helped enhance its affect available in the market.
Ondo Worth Consolidates, Forming A bullish Flag Sample
ONDOUSDT Evaluation By Tradingview
The ONDO worth bulls have continued the worth drive above the bullish flag sample, reaching a brand new all-time excessive of $0.9471
Ranging from the assist stage at round $0.40, it’s had a gentle ascent as bulls gained power, propelling the worth in the direction of the $0.82 resistance stage.
Given Ondo’s worth sustaining a constant upward trajectory, it’s possible that bullish momentum may drive the worth even increased, doubtlessly sparking a long-lasting rally past the pennant. The Relative Energy Index (RSI) at 69 exhibits a robust shopping for strain on Ondo’s worth. If the momentum retains up, we’d see the worth climb into the overbought territory past the 70 stage.
The value is above each the 50 and 200 Easy Shifting Averages (SMAs), portray a bullish image of ONDO’s worth in the long run. Moreover, the transferring common cross at $ throughout the bullish flag catalyzes the general bullish momentum.
Ondo Worth Bulls Gear Up For One other Bull Rally
The bullish momentum in Ondo’s worth stays robust as patrons put together to proceed the rise. With momentum constructing, we may see a 23% surge, propelling the worth to a brand new all-time excessive of $0.97 within the subsequent few weeks.
On the flip aspect, if the bears intervene, the worth may fall again, encouraging bearish exercise in the direction of the higher trendline of the pennant at $0.81.
For traders in search of portfolio diversification, there’s additionally potential in exploring SpongeV2, a brand new meme coin that goals to enhance on the 100X positive factors of its predecessor, SPONGEV1, in a bear market final yr.
SPONGEV2: Finest Meme Coin To Purchase In the present day For 1000X Returns
Sponge V2 is getting ready for its extremely anticipated launch, with rumors swirling about its upcoming itemizing on a number of top-tier exchanges.
SpongeV2 builds on the success of Sponge V1, which created fairly a buzz by delivering unimaginable returns for early traders and even reaching a peak market cap of $100 million.
You continue to have an opportunity with #SpongeV2… do not miss out once more 💦$SPONGE #MemeCoin #Bullish pic.twitter.com/HuKpH3JTFI
— $SPONGE (@spongeoneth) March 19, 2024
Get SPONGEV2 Now, Earn Passive Revenue By way of P2E and Staking
Sponge V2 has upgraded options and presents extra worth to token holders than its predecessor. One of many enhancements is the staking function, which presents holders a formidable annual share yield (APY) of 171% on Ethereum and 395% on the Polygon community.
The platform plans to launch a play-to-earn racing sport in each paid and free variations. Within the paid model, SPONGE will operate as in-game credit, and gamers may even obtain rewards within the meme coin.
Remember, #SPONGERS! 🧽💦#SpongeV2 is bringing thrilling utility by means of our upcoming #P2E sport! 🔥
Get able to earn $SPONGE tokens by enjoying the sport and rating on the leaderboard.
Keep tuned for more information! 🚀#MemeCoin #Crypto #Alts #100x pic.twitter.com/5aaLxGz8N1
— $SPONGE (@spongeoneth) March 22, 2024
In response to analyst and Crypto YouTuber Jacob Bury, SpongeV2 is without doubt one of the high meme cash to take a position on this yr, with the potential to skyrocket once more upon launch on further top-tier exchanges.
By connecting your Web3 pockets to the platform web site, you possibly can swap your ETH, MATIC, and USDT for SPONGEV2 tokens. You too can use your financial institution card.
Purchase SpongeV2 tokens right here
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