Crypto analyst Wise Advice has highlighted several key points about Avalanche (AVAX) and Ondo (ONDO). The analyst noted AVAX’s price growth, an upcoming token unlock, and an intriguing rumor about a large token holder. Meanwhile, regarding ONDO, Wise Advice focuses on its price surge lately and an imminent token unlock.
What you'll learn 👉
Avalanche’s Surge and Intriguing Connections
According to crypto analyst Wise Advice, AVAX saw a 30% growth between the 15th and 22nd of last month. This positive momentum has continued, with CoinGecko data showing a 12.51% price increase over the past week.
At press time, AVAX trades at $28.71, with a daily trading volume of $593,667,453. The token has demonstrated strong performance, recording a 5.91% price increase in the last day.
Adding intrigue to Avalanche’s story, Wise Advice shared an interesting rumor. The analyst noted that the fifth-largest AVAX holder, with a stake worth $70.5 million, is rumored to be the Vice President of Trump. This connection, if true, could potentially impact the token’s prospects.
Looking ahead, Avalanche holders should mark their calendars. Wise Advice reports that the next token unlock is scheduled to occur in 67 days. This event could influence AVAX’s price and market dynamics in the coming months.
Read also: Largest Ripple Holder Explains Why XRP Price Will ‘Explode’
ONDO Price Analysis
ONDO token trajectory has shown growth, starting at $0.7336 and rising to $1.295, a 76% increase. Wise Analyze noted that the token’s upward trend continued, reaching $1.44, marking a 96% gain from its initial value.
Despite an upcoming unlock of 0.02% of the total supply, ONDO’s growth seems unstoppable. Wise Advice highlighted this strong performance, indicating a promising trajectory for the token.
Per CoinGecko’s data at press time, ONDO trades at $1.09. The token has maintained its positive momentum, showing a 3.71% increase in the last day and a 17.25% rise over the past week. Its day trading volume is at $232,054,646, indicating active market participation.
Upcoming Token Unlock and Market Outlook
Investors should be aware of an upcoming event in Ondo’s ecosystem. Wise Advice reports that a token unlock, representing 0.02% of the total supply, is scheduled to occur in two days. Despite this, the analyst suggests that this event may not hinder ONDO’s growth trajectory.
Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?
Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
