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Cryptocurrency News Articles
ONDO Reflecting Exact Metrics that Spiked Solana 70x as Binance Could List the Token
Nov 27, 2024 at 07:03 am
Titus, a prominent crypto analyst, noted the impressive accumulation of the ONDO token by smart money and venture capitalists.
Crypto analyst Titus highlighted the remarkable accumulation of ONDO tokens by smart money and venture capitalists, with these entities acquiring more than 50% of the circulating supply.
Titus drew a parallel to Solana’s (SOL) price action in January 2021, when a similar accumulation led to a 70x price increase, ultimately reaching $250 by late 2021.
This scenario suggests that a comparable surge might be on the horizon for $ONDO, indicating the possibility of significant market movements.
Furthermore, Grey BTC pointed out Binance’s substantial interest in ONDO price, specifically mentioning the exchange’s accumulation of 600,000 tokens.
The analyst noted that a listing on Binance could be imminent and advised investors to pay attention to the token, suggesting that patience in the current market trend could lead to substantial rewards
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