Titus, a prominent crypto analyst, noted the impressive accumulation of the ONDO token by smart money and venture capitalists.
He pointed out that these entities have already secured over 50% of the circulating supply. This scenario draws a parallel to what occurred with Solana (SOL) in January 2021, when a similar accumulation led to a staggering 70x price increase, ultimately reaching $250 by late 2021.
Titus suggested that a similar surge might be on the horizon for $ONDO, indicating that significant market movements could be imminent.
Binance Accumulating ONDO Tokens
Adding to this sentiment, Grey BTC noted Binance’s substantial interest in ONDO price, specifically mentioning the exchange’s accumulation of 600,000 tokens.
The analyst emphasized that a listing on Binance could be just around the corner. He urged investors not to overlook the potential of the token, asserting that patience in the current market trend could yield substantial rewards.
Read Also: This Analyst Predicts Bittensor (TAO) Price March to $1,000—Here’s Why
Together, these insights reflect a growing optimism around $ONDO, with both analysts signaling that the conditions are ripe for a major price movement, reminiscent of past crypto surges.
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