Two Altcoins to Watch in September
$ONDO
ONDO Finance stands out in the evolving financial landscape by seamlessly combining traditional finance with the innovative world of blockchain. At its core, Ondo Finance is about tokenizing real-world assets, unlocking access to stable, income-generating financial products that were once the domain of institutional investors. Ondo prioritizes transparency and regulatory compliance by partnering with industry giants like BlackRock and leveraging Coinbase for secure crypto storage.
One of Ondo’s flagship products, the USDY product, combines the stability of traditional stablecoins with the yield backed by U.S. Treasuries. The product appeals to investors seeking the reliability of traditional financial assets in the crypto ecosystem. With its emphasis on security and regulatory compliance, Ondo Finance offers a unique investment opportunity for those interested in a mix of traditional and digital assets, especially for non-U.S. investors looking to diversify their portfolios.
Before the collapse of its founder, TON had achieved a maximum increase of 363% and reached a new high of $8.288 as of August 15, 2024. At the same time, TON also became the 8th largest cryptocurrency by market value, surpassing DOGE, LINK, TRX, MATIC, LTC and other traditional strong currencies.
Among the top 15 currencies by market value, public chain varieties such as ADA, DOGE, AVAX, DOT, etc. in the same track as TON are all early public chains, and the number of ecosystems and developers has also stabilized. Can TON, which has a large user base of Telegram, surpass a group of predecessors in one fell swoop through the explosion of the ecosystem!
It depends on whether it can produce strong enough projects and provide enough incentives for Telegram to use the Web3 ecosystem. With strong popularity and constantly exploding ecological applications, TON's performance in 2024 is also very impressive in the entire currency circle.
