ONDO's price surged 13% in the last 24 hours to $1.57. This growth is attributed to Ondo Finance's announcement of tokenized Treasury bonds on the XRP Ledger.
ONDO Price Rise and New Product Launch
Ondo Finance is launching a tokenized bond fund with a 4.16% annual yield on the XRP Ledger. Investors can redeem OUSG tokens via RLUSD stablecoin, boosting platform appeal. Ondo's expansion in the Asia Pacific region further fuels interest in the project.
Technical Analysis of ONDO/USD
The ONDO/USD chart shows strong upward momentum in an ascending channel, testing breakout points at $1.57867, with support around $0.69. If ONDO breaks $1.60, it could rally to $2.00. However, strong resistance could lead to a short-term pullback to support levels.
MIND of Pepe and Its Prospects
The MIND of Pepe project garners attention, having raised over $4.4 million in presale. MIND combines AI technology with meme coin popularity, offering token holders exclusive access to trading opportunities, presently available at $0.0032273.
Current developments around Ondo Finance and MIND of Pepe highlight investor interest in innovative projects amid technological and market expansions.
