Strong Higher Highs In ONDO Crypto: Will the Momentum Continue?

The top 10 holders of Ondo Finance hold 87.43% of the supply.

The sentiment of the ONDO crypto is bullish, as per a renowned source.

Ondo Finance, backed by Coinbase, is a DeFi project on Ethereum offering fixed-yield loans backed by crypto-assets.

ONDO token is used for governance in the Ondo DAO and oversees the protocol. Ondo Vaults provide risk-isolated lending and borrowing, supporting fixed and variable yield depositors. Experts from top financial and tech companies developed it.

The fear and greed index of Ondo Finance is at 73, showing greed among the investors. Also, on the technical charts, the crypto price has consistently advanced.

Crypto has a good market presence, with the dominance of crypto at 0.08% in the global crypto market. Also, the market cap ranking of the crypto is #58, as per CoinMarketCap. This further results in a volume/market cap ratio of 14.32%.

The fully diluted market cap value of the crypto is $13.959 Billion, while the market cap of the crypto is $1.939 Billion. Moreover, crypto’s fully diluted market cap has advanced by 75% in the last 30 days.

Blockchain Data Overview For Ondo Finance

The total value locked for the Ondo Finance crypto is $472.98 Million, which has consistently advanced in the last few days.

The market cap of Ondo Finance at press time was $2.032 Billion, and 134.6% of the market cap will be unlocked in seven months.

Moreover, the liquidity of the crypto is worth $16.1 Million, and 14.37% of the tokens are unlocked till now.

ONDO Crypto Technical Analysis

After breaking out from a significant level, the trading price of the ONDO crypto has advanced by 70%, witnessing strong dominance of buyers in the crypto.

Disclaimer

This article is for informational purposes only and does not provide any financial, investment, or other advice.