$ONDO Surges 16% As High-Profile Investors Build Positions

Three hours ago, the Trump World Liberty address made a significant move, purchasing 134,000 $ONDO tokens at an average price of $1.83.

This $245,000 transaction triggered a sharp 16% price surge in a short span.

This wallet’s activity indicates a strategic focus on both DeFi and real-world asset (RWA) applications, with non-stablecoin holdings including $LINK, $AAVE, $ENA, and $ONDO.

Notably, half of these assets align with leading DeFi projects, while the other half represent RWA-focused investments.

Big names in the financial and political space are also showing interest in $ONDO:

– Donald Trump: Reports suggest that Trump World Liberty’s purchase reflects former President Donald Trump’s association with $ONDO. Trump is set to return to office on January 20.

– Paul Atkins: Recently nominated as the new SEC Chairman, Atkins serves on the advisory board of Securitize, a platform closely tied to $ONDO. This connection could signal regulatory alignment favoring such assets.

– Dan Morehead: The founder of Pantera Capital, Morehead, remains a key player in the $ONDO ecosystem. Pantera Capital currently holds a staggering 384 million $ONDO tokens, valued at $768 million at the current price of $2.

With prominent figures and institutions backing $ONDO, the token is attracting significant attention, positioning it as a potential powerhouse in the DeFi and RWA sectors. The influx of capital and strategic alignments could drive further growth and solidify its market presence.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Source: https://nulltx.com/ondo-surges-16-as-high-profile-investors-build-positions/