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ONDO and TAO Price Dynamics; Increased Security Focus in BlockDAG

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by Giorgi Kostiuk

8 days ago


The cryptocurrency market reflects attention towards ONDO and Bittensor, highlighting notable price movements and security emphasis in BlockDAG.

ONDO Price Dynamics

Recent technical indicators on the ONDO price chart suggest a possible recovery. A TD Sequential buy signal on the 12-hour chart indicates that recent price drops might be stabilizing. An inverse head-and-shoulders pattern has been identified as a potential upward momentum indicator.

Additionally, ONDO's Total Value Locked (TVL) has recently surpassed $1 billion, indicating increased DeFi activity.

Bittensor Price Outlook

The current Bittensor price outlook shows TAO experiencing downward pressure, with a noted price of $227.36. Analysts highlight that maintaining support between $212.5 and $210 is crucial; a fall below this range could lead to further declines toward the $200 mark. For a positive shift, TAO needs to break through resistance at $240 and $260.

BlockDAG Security Improvements

BlockDAG continues to set benchmarks in the cryptocurrency domain through its impressive performance, secure operations, and scalability. During its Keynote 3, the BDAG team highlighted its security commitments with successful audits from Halborn and ongoing reviews by Certik. Furthermore, a Bug Bounty program is set to launch to invite ethical hackers to test the network's defenses, showcasing a focus on proactive security.

The ONDO price chart showcases positive trends in the DeFi sector, whereas the Bittensor (TAO) price outlook navigates through uncertainty. BlockDAG demonstrates a robust commitment to security and operational excellence.

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