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ONDO up 60% in a Month – Can 21Shares ETF Filing trigger $2 Next?

ONDO, the native cryptocurrency of Ondo Finance, has surged 60% over the past month, climbing from its July opening price of $0.6942 to reach a peak of $1.169 on July 21. This impressive rally was further accelerated by 21Shares’ recent ETF filing targeting the ONDO token.

At the time of writing, however, ONDO has experienced some profit-taking activity, declining by 10.44% to trade at $1.025 during the session. This correction has resulted in a decrease in the token’s market capitalization from $3.7 billion to $3.2 billion.

Despite the temporary pullback, the past 24 hours have seen over $448 million worth of ONDO tokens change hands, indicating sustained market interest.

ONDO up 60% in a Month – Can 21Shares ETF Filing trigger $2 Next?

ONDO, the native cryptocurrency of Ondo Finance, has surged 60% over the past month, climbing from its July opening price of $0.6942 to reach a peak of $1.169 on July 21. This impressive rally was further accelerated by 21Shares’ recent ETF filing targeting the ONDO token.

At the time of writing, however, ONDO has experienced some profit-taking activity, declining by 10.44% to trade at $1.025 during the session. This correction has resulted in a decrease in the token’s market capitalization from $3.7 billion to $3.2 billion.

Despite the temporary pullback, the past 24 hours have seen over $448 million worth of ONDO tokens change hands, indicating sustained market interest.

https://cryptonews.com/news/ondo-up-60-in-a-month-can-21shares-etf-filing-trigger-2-next/