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TON, ONDO, TRU: The new upstarts in the cryptocurrency circle, who will become the next 100-fold king?
1. Since its listing in January this year, the price of Ondo has been on an upward trend. Since February 1, ONDO has risen by 550% and set a record high of $1.3 on May 26. Altcoins have been creating higher highs and higher lows without any signs of slowing down. The main reason behind ONDO's rise is Blackrock, a US investment company with a scale of tens of trillions of dollars. Blackrock is responsible for the launch of the Bitcoin bull market after submitting a spot ETF application in mid-June. When the investment company announced the launch of an Ethereum-based tokenized fund on March 20, the so-called BlackRock effect spread to the real world asset (RWA) category.
Ondo: $1.4 billion, 13% circulation, Wall Street Capital, Coinbase's RWA project, and has a partnership with Sol. The Ondo platform cooperates with BlackRock to issue bonds, and the market maker is Wall Street's Jump market maker. Backed by BlackRock, it is equivalent to backed by the Americans. Needless to say, at present, An has only launched contracts, and it is only a matter of time before it launches spot trading. It has unlimited potential, which means that it has gathered Coinbase, CB Wall Street, CB's own son, Wall Street institutional investment, and BlackRock, A16Z and many other big names. There are 96 investment institutions in total, which is very powerful.
2. TRU;
Fundamentals A16z led the investment, and the founder served as a Google engineer. RWA concept,
Emerging hotspot, low market value, basically fully circulated, much better than those 10% circulation
Only tens of e market value of cash coins, whales have no reason to let go of such a high-quality target
3. POLYX: 395 million US dollars, 80% circulation, institutional-level licensed blockchain RWA sector specially built for institutional assets. Summary: Star projects in the RWA field, falling market, can reflect the real dark horse. It is recommended to directly exchange weak coins for ONDO, and garbage coins represent poor dog-wearing strength. There is no need to hold these days to gradually change the bad coins. After cleaning, switch to coins that resist falling and rise against the trend!
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