What is your price prediction for ONDO crypto?

[AdetectiveB]

Does anyone hold ONDO crypto in their portfolio? My average entry price is $0.96 and I'm currently ~45% in profit, but I think it will probably go higher in this bull run. My estimate is that it can go up to $5, given the Goldman Sachs and BlackRock partnerships. I'd like to hear your thoughts

 

[Celestine9]

There is a huge ONDO unlock (134.21% of circulating supply) coming on January 18, so this is definitely something to look at https://tokenomist.ai/ondo-finance. I think ONDO will do fine long-term, but I'm pretty sure VC's will dump the price in Jan.

 

[DelTruth]

@Celestine9 why do you think they will dump the price, though? SOL pumped really hard when it was launched despite large unlocks similar to those of ONDO.

 

[Celestine9]

@Celestine9 why do you think they will dump the price, though? SOL pumped really hard when it was launched despite large unlocks similar to those of ONDO.

They may, they may not. Ultimately, no one really knows. I'm just saying that VCs are sitting on ~80x gains, and there's a high chance they'll start taking profits as soon as they gain access to their coins. Maybe dump will not be sharp and dramatic, but I'm sure it will negatively impact the price short-term...

 

[JohnMarket]

@Celestine9 it was a reasonable fear, but I think it was blown out of proportion. Unlocks are already priced in, and the price remained unaffected