Token

Ondo

Coin

<ul class="wp-block-list news-points">
 <li>A massive $3 billion worth of ONDO tokens are set to hit the market on Jan 18th, 2025.</li>
 <li>Over 20% of the total tokens unlocked will be allotted to investors.</li>
 <li>Early investors bought ONDO at $0.02 and have profited 80x.</li>
</ul>
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.
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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 <a href="https://coinmarketcap.com/currencies/ondo-finance/" target="_blank" rel="noopener noreferrer nofollow">data</a> shows. The cryptocurrency is down 25.12% from its all-time hig…
The post <a href="https://coinedition.com/3b-ondo-token-unlock-promises-growth-but-heres-the-catch/" rel="noopener noreferrer nofollow">$3B ONDO Token Unlock Promises Growth—But Here’s the Catch</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

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

Coin Edition

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