Recent fluctuations in the cryptocurrency market continue to attract traders' attention. Bittensor (TAO) and ONDO demonstrate different trading approaches, while Cold Wallet offers new opportunities for users.
TAO Holds Position as Volume Drops
Bittensor (TAO) is trading around $412 with minimal price changes. Trading volume dropped by 17% to approximately $195 million in a day after a failed breakout around $435. Experts point to strong support in the range of $377-$393, where TAO recently bounced back. A breakout above the trendline near $435 could lead to resistance around $520 and possibly $740 if volume increases.
ONDO Sees 47% Surge After ETF Announcement
The token ONDO from Ondo Finance rose 47% following a sharp increase in wallet usage, signaling heightened interest from both regular users and institutions. On July 23, daily wallet usage reached 1,804, significantly higher than previous levels. This surge occurred after 21Shares filed for a spot ONDO ETF that tracks real-world assets, such as tokenized U.S. Treasuries. If approved, the ETF could bridge traditional finance with crypto.
Cold Wallet Rewards Users Without Waiting
Cold Wallet simplifies crypto rewards without locking tokens or waiting. Users simply hold Cold Wallet tokens to earn cashback on gas fees, swaps, and movements across chains. Diamond tier users can receive 10% back on gas fees. This offer is active and does not require lengthy waits.
Bittensor and ONDO continue to exhibit different approaches to market expectations and news changes. Cold Wallet, on the other hand, offers fixed rewards for active user actions, potentially appealing to those seeking stability and predictability in the cryptocurrency space.
