Is the counterfeit industry about to rise??? $ONG A certain token tops the gainers list today!!!
ONG is about to take off!" On August 20, the crypto market was flooded with a news - the Ontology network's fuel token ONG surged 50% within 72 hours, reaching $0.088, marking a nearly six-month high! What kind of wealth-making secret is hidden behind this capital feast?
1. Bit Origin splurges $500 million: On August 15, this mining giant announced the acquisition of 40.5 million ONG, spending $500 million, setting the record for the largest single purchase;
2. Grayscale Trust included in the portfolio: The world's largest crypto asset manager, Grayscale, has included ONG in its institutional portfolio, accounting for over 10% of holdings;
3. ETF application enters final review: Bitwise's ONG ETF application has entered the SEC's final review stage, and if approved, will introduce massive compliant funds.
Personal strategy view:
In the range of $0.065-$0.07: If the price drops to around $0.065, consider buying in small amounts, targeting $0.075-$0.08.
Bounce back to $0.075: Reduce 30% of the position to lock in some profits. Breakthrough at $0.08: If it breaks the resistance with volume, hold until $0.085 and sell in batches.
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