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The Ondo value 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% prior to now week to hit a brand new all-time excessive of $0.9474 on March 25.
The ONDO token is important for powering the Ondo DAO and Flux Finance, mixing conventional finance with decentralized finance (DeFi) by way of the tokenization of securities.
Its big selection of merchandise and growing collaborations throughout the blockchain group have helped enhance its affect out there.
Ondo Value Consolidates, Forming A bullish Flag Sample
ONDOUSDT Evaluation By Tradingview
The ONDO value 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 degree 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 degree.
Given Ondo’s value sustaining a constant upward trajectory, it’s doubtless that bullish momentum might drive the worth even larger, doubtlessly sparking a long-lasting rally past the pennant. The Relative Power Index (RSI) at 69 reveals a powerful shopping for stress on Ondo’s value. If the momentum retains up, we would see the worth climb into the overbought territory past the 70 degree.
The value is above each the 50 and 200 Easy Shifting Averages (SMAs), portray a bullish image of ONDO’s value in the long run. Moreover, the shifting common cross at $ throughout the bullish flag catalyzes the general bullish momentum.
Ondo Value Bulls Gear Up For One other Bull Rally
The bullish momentum in Ondo’s value stays sturdy as patrons put together to proceed the rise. With momentum constructing, we might 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 facet, if the bears intervene, the worth might 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 good points of its predecessor, SPONGEV1, in a bear market final yr.
SPONGEV2: Finest Meme Coin To Purchase Right now 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 Earnings Via P2E and Staking
Sponge V2 has upgraded options and provides extra worth to token holders than its predecessor. One of many enhancements is the staking characteristic, which provides holders a powerful annual proportion 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 perform as in-game credit, and gamers can even obtain rewards within the meme coin.
Remember, #SPONGERS! 🧽💦#SpongeV2 is bringing thrilling utility by way 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 among the high meme cash to speculate on this yr, with the potential to skyrocket once more upon launch on extra top-tier exchanges.
By connecting your Web3 pockets to the platform web site, you may 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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