The Ondo Finance (ONDO) token saw a 2.24% rally in the past 24 hours but remains in a downtrend after an 11.3% drop since July 30. The decline followed token deposits to Coinbase, which may have triggered selling pressure. Despite a breakout from a descending triangle pattern, ONDO failed to establish a bullish trend, with dominant sell orders and weak buying pressure. The token faces resistance at $0.43 and could drop further to $0.36 or even $0.30 if selling continues. A move above $0.47 is needed to reverse the bearish trend. Ondo Finance also appointed Adam Schlisman as CFO, signaling strategic developments amid market challenges.
Ondo Finance has named Adam Schlisman, former CFO of Blockchain.com and Monashee Investment Management, as its new chief financial officer. This move supports Ondo's expansion in institutional tokenized asset markets, including its Ondo Network, Ondo...
ONDO's price dropped to a two-week low of $0.34 after the Ondo Finance team deposited 4 million ONDO tokens worth $1.56 million to Coinbase, continuing a series of sell-offs totaling 20.2 million tokens. This heavy selling pressure has outweighed ste...
Zero Knowledge Proof (ZKP) has rapidly sold out its first presale stage priced at $0.0004 per coin, well below its $0.04 target, supported by a unique hardware miner that processes AI tasks. Meanwhile, Ondo crypto rebounded from $0.37 to $0.41 with a...
