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Reading: Is It Still Possible to Purchase Ondo? Focus Turns to New AI Meme Coin
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Gulf Press > Business > Crypto > Is It Still Possible to Purchase Ondo? Focus Turns to New AI Meme Coin
Crypto

Is It Still Possible to Purchase Ondo? Focus Turns to New AI Meme Coin

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Last updated: 2024/05/25 at 6:54 AM
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Investors are currently looking at the potential of investing in Ondo Finance (ONDO) as the price of the cryptocurrency surges to new record highs above $1.10. With a growth of around 26% this week, many traders are wondering if it is too late to buy. The recent approval of spot Ethereum ETFs by the SEC has brought attention to the Ethereum ecosystem, leading to a surge in liquidity into ETH and its ecosystem. With this positive momentum, the price of ONDO is expected to remain strong.

Ondo Finance is an Ethereum-based platform that focuses on the tokenization of real-world assets, making it one of the most promising growth sectors within the crypto world. The platform’s Ondo Short-Term US Government Treasuries (OUSG) token has been a success story, offering a yield of 4.96% with a locked trade value of nearly $200 million. The overall total value locked (TVL) of Ondo Finance has doubled since the start of the year, reaching a record high above $450 million. With a year-to-date increase of nearly 600%, ONDO has been a popular investment choice.

As the price of ONDO continues to grow, many investors are considering whether it is still a good time to buy given its potential for further growth. With a fully diluted market cap of around $11.3 billion, analysts believe that ONDO could potentially see a 5x increase in value in the coming years. However, the cryptocurrency market is known for its high volatility and the possibility of significant gains for those willing to take on higher risks. This has led many investors to explore opportunities in meme coins, such as the new AI meme coin Wiener AI (WAI).

Wiener AI has gained attention for its unique features, including AI-powered trading tools and a cute sausage dog theme. The presale for Wiener AI has already raised over $2.7 million, with investors attracted by the potential utility of the coin. With a focus on AI in the current market environment, the coin has the potential to stand out among other meme coins. Additionally, Wiener AI offers staking rewards, with investors earning a significant 365% APY. Analysts and experts in the crypto industry have shown support for Wiener AI, predicting potential gains for early investors as the coin gains traction.

Investors interested in Wiener AI need to act quickly, as the presale is gaining momentum. With the current price of $0.000701 and a market cap of under $50 million, early investors have the opportunity to benefit from potential gains of 10x or more if the coin achieves market leadership. While investing in cryptocurrencies comes with high risks, the growth potential of coins like ONDO and Wiener AI has attracted the attention of many investors looking to capitalize on the booming market. It may not be too late to invest in these promising projects and potentially reap significant rewards in the volatile crypto space.

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News Room May 25, 2024
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