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MainNews$3B ONDO Tok...

$3B ONDO Token Unlock Promises Growth—But Here’s the Catch


by Anisha Pandey
for CoinEdition
Monumental $3B in ONDO Unlocking in January Expect a Crash
  • A massive $3 billion worth of ONDO tokens are set to hit the market on Jan 18th, 2025.
  • Over 20% of the total tokens unlocked will be allotted to investors.
  • Early investors bought ONDO at $0.02 and have profited 80x.

Ondo (ONDO) is just a month away from a massive token unlocking event. This event could push the price of the digital asset to monthly lows if the digital asset sector and investors are not ready. A massive $3 billion worth of ONDO tokens will hit the market on January 18th, 2025, but with a catch.

According to a post on X (formerly Twitter) by Tokenomist (previously known as TokenUnlocks), the unlocked tokens, representing 135% of the circulating supply (14.37% of the total supply), will be divided into two. About 80% of the total tokens unlocked will go toward ecosystem growth and protocol development, while the other 20% will be reserved for investors.

At the time of writing, ONDO is trading at $1.43, down 11.68% in the past 24 hours. It has a market capitalization of $2 billion and a trading volume of $498 million, which surged 127% in the same time period, CoinMarketCap data shows. The cryptocurrency is down 25.12% from its all-time hig…

The post $3B ONDO Token Unlock Promises Growth—But Here’s the Catch appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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MainNews$3B ONDO Tok...

$3B ONDO Token Unlock Promises Growth—But Here’s the Catch


by Anisha Pandey
for CoinEdition
Monumental $3B in ONDO Unlocking in January Expect a Crash
  • A massive $3 billion worth of ONDO tokens are set to hit the market on Jan 18th, 2025.
  • Over 20% of the total tokens unlocked will be allotted to investors.
  • Early investors bought ONDO at $0.02 and have profited 80x.

Ondo (ONDO) is just a month away from a massive token unlocking event. This event could push the price of the digital asset to monthly lows if the digital asset sector and investors are not ready. A massive $3 billion worth of ONDO tokens will hit the market on January 18th, 2025, but with a catch.

According to a post on X (formerly Twitter) by Tokenomist (previously known as TokenUnlocks), the unlocked tokens, representing 135% of the circulating supply (14.37% of the total supply), will be divided into two. About 80% of the total tokens unlocked will go toward ecosystem growth and protocol development, while the other 20% will be reserved for investors.

At the time of writing, ONDO is trading at $1.43, down 11.68% in the past 24 hours. It has a market capitalization of $2 billion and a trading volume of $498 million, which surged 127% in the same time period, CoinMarketCap data shows. The cryptocurrency is down 25.12% from its all-time hig…

The post $3B ONDO Token Unlock Promises Growth—But Here’s the Catch appeared first on Coin Edition.

Read the article at CoinEdition

Read More

China-US Trade Talks Establish New Framework Agreement

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Detail: https://coincu.com/342610-china-us-trade-framework-london-talks/
XRP Ledger's Ethereum-Compaitable Sidechain to Go Live in Q2

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The testnet for the XRPL EVM sidechain has shown rapid growth.