Everyone should still remember the RWA sector, which was a flash in the pan in the first half of the year, but due to the lack of liquidity, there was not much subsequent hype.
The director caught him when this round of market started.
Simple and brainless but very convincing logic: a crypto project endorsed by BlackRock
The second half of the bull market is clearly an artificial bull market caused by the crazy buying of huge funds by BlackRock.
The world's top financial investment institutions are all investing money and buying. Are you afraid that BlackRock will be taught a lesson by the crypto market?
The price of ondo was 0.79u at the time, and this logic was used to buy it. The same applies when talking about BTC
One month later, the price of Ondo is 1.04u, and BlackRock is still strong. So continue to hold it.
As of yesterday, the price of onodo reached 1.77u, and the profit has exceeded 100%
So far, the highest price of ondo has reached 1.95u
Here we must start to remind you of a risk:
Ondo unlocked 2.57 billion coins (worth about $4.86 billion) on January 19, 2025
This should be the largest cliff unlock in the director's impression.
💥Key points
Of the 4.86 billion, only 810 million was explained to individuals.
About $40 million is unlocked for the community
The rest will be unlocked to the project owners, with half for protocol development and half for ecosystem development.
The project is developed by Goldman Sachs, and well-known institutions such as BlackRock, Morgan Stanley, Ankura Trust, Clear Street and Nav Consulting have no shortage of money in theory, so let’s not count the project side as selling pressure.
The actual selling pressure is only $850 million of sales.
In my opinion, this project has the potential to become a super large market. After all, the hard-core project investment team is here, and the RWA sector is trending here.
Early chips can be considered to be closed around 2.3 to make a profit. The leader has no plan to run, and the position itself is not high. Moreover, the leader has always been looking at the big bull market, and the position will follow the general trend and will not be too dependent on the trend of a single currency. This is also the bull market thinking, holding is the only answer to the bull market
