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Michael Bloomberg
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Bearish
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Three giants,
$ETH
,
$SOL
and
$XRP
are down by ~20% 🔻
During 2020 Covid times we saw a similar crash 👀
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SOL
151.64
+2.87%
XRP
2.2338
+0.23%
ETH
1,835.4
+1.59%
811
0
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Michael Bloomberg
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#Ondo May Crash Harder — Here's Why This Rally Might Not Last $ONDO has recently rallied around 30% after its Binance listing, but don’t let the hype fool you — a deeper crash could be ahead. Why Caution is Needed: 1. Listed via Binance's Vote to List Program Unlike top-tier projects that are listed directly due to strong fundamentals, Ondo was added through a Vote to List, which often includes lower-utility or experimental tokens. If the project had solid institutional or real-world traction, it likely wouldn’t need public voting to earn a spot. 2. Short-Term Hype, Not Long-Term Value The post-listing surge is typical for new listings — but it’s usually driven by FOMO, not fundamentals. Once early traders take profits, the price often drops sharply. 3. Utility Concerns Ondo’s long-term use case is still under question. In a market that’s shifting toward real-world use and sustainability, tokens lacking clear value may struggle to hold gains. Unless Ondo shows strong, organic growth and adoption soon, this pump could be short-lived — and holders might face a steep correction. #Ondo
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