ONDO Hits All-Time Highs on BlackRock’s RWA Push; COTI Update Empowers Developers and Boosts Privacy
The post-ETF developments lately have put the spotlight on ONDO and COTI, two promising players in the crypto market. ONDO, benefiting from the RWA-trend pushed by BlackRock, has achieved new all-time highs. Concurrently, COTI’s v2 update brings significant advantages for developers and privacy advocates. This article explores the latest bullish trends and key updates surrounding ONDO and COTI.
What you'll learn 👉
ONDO Price Analysis
Jelle (@CryptoJelleNL) highlighted ONDO’s strong position to capitalize on the RWA-trend, driven by BlackRock’s initiatives. The token recently broke all-time highs and appears poised for further growth. Jelle mentioned, “Bags packed since <$0.80, send it,” indicating strong confidence in ONDO’s potential.
Similarly, JTrades (@JTrades) emphasized ONDO’s bullish momentum, noting its impressive price action despite broader market volatility. He stated, “As the #1 player in tokenized public securities, now ahead of BlackRock and Franklin Templeton, it’s clear that ONDO is the chosen one.” This sentiment underscores ONDO’s dominance and potential for sustained growth.
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Show more +COTI: Revolutionizing Developer Tools and Privacy
COTI’s v2 update has garnered attention for its substantial benefits for developers and privacy enthusiasts. Altcoin Buzz (@Altcoinbuzzio) detailed how the update allows developers to utilize a $400 million COTI grant program and integrate privacy technologies like multi-party computation (MPC). These enhancements, combined with COTI’s unique garbled circuit architecture, ensure the chain remains light, fast, and private.
Ben Walther (@ben__crypto23) also highlighted a bullish EMA crossover for COTI, boasting an 85% win rate with a 30% potential upside. He noted that most technical indicators for COTI look promising, with a bullish MACD and neutral RSI and oscillators.
However, he cautioned that the ADX is weak, suggesting it might be wise to wait for more strength. If the market turns bullish, COTI could challenge 0.175, reflecting a significant potential increase.
Read also: Why Is Cream Finance (CREAM) Crypto Price Surging?
Market Implications
The positive outlook for ONDO and COTI reflects broader trends in the crypto market. ONDO’s success demonstrates the growing importance of tokenized public securities and the potential for significant gains. COTI’s updates showcase the increasing emphasis on privacy and developer tools, critical factors for long-term adoption.
Moreover, the bullish signals from prominent traders like Jelle, JTrades, and Ben Walther lend credibility to these trends. Their insights highlight the potential for significant returns, making ONDO and COTI attractive options for investors.
ONDO and COTI are positioned as key players in the evolving crypto landscape. ONDO’s strong performance and strategic positioning in tokenized securities, alongside COTI’s innovative updates for developers and privacy, signal promising
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