ONDO Price Prediction: ONDO surged 31%, setting a new record, but experts say this 2.0 meme coin may double in value after its upcoming listing on the exchange.

ONDO price has risen 31% in the past 24 hours to $0.9215 as of 12:50 a.m. ET. Trading volume has surged 157% to $397 million. ONDO has also surged 90% in the past week, reaching a new all-time high of $0.9474 on March 25. The ONDO token is critical to powering Ondo DAO and Flux Finance, combining traditional finance with decentralized finance (DeFi) through security tokenization. Its wide range of products and increasing collaboration with the blockchain community have helped boost its influence in the market.
ONDO price consolidated, forming a bullish flag pattern. The bull run in ONDO price continued to rise above the bullish flag pattern and reached a new all-time high of $0.9471. Starting from the support level of about $0.40, the price has steadily risen due to the increase in bullish power, which has pushed the price close to the resistance level of $0.82. Considering that the Ondo price maintains a continuous upward trajectory, it is likely that the bullish momentum will push the price further upward, which may trigger a long-lasting upward move beyond the range of the small flag. The relative strength index (RSI) is 69, which shows strong buying pressure on the Ondo price. If the momentum continues to strengthen, we may see the price climb to the overbought area, above the 70 level. The price is above the 50 and 200 simple moving averages, which constitutes a bullish picture for the ONDO price in the long term. Moreover, the price is at the $ crossover point in the bullish flag, which catalyzes the overall bullish momentum.
ONDO price bulls are ready to launch another bull run. Bullish momentum for Ondo price remains strong and buyers are ready to continue the rally. As momentum builds, we may see a 23% increase in price in the coming weeks, pushing the price towards a new all-time high of $0.97. On the other hand, if bears step in, the price may pull back, encouraging bearish activity with the trendline up, reaching $0.81. For investors looking to diversify their portfolios, one can also explore SpongeV2, a new meme coin that aims to improve upon the 100x gains its predecessor, SPONGEV1, achieved during last year’s bear market. SpongeV2 is preparing for its much-anticipated listing, with rumors suggesting it will be listed on several top exchanges. SpongeV2 improves on the success of Sponge V1, offering holders more value than its predecessor. One of the enhancements is the staking feature, which offers up to 171% annualized yield (APY) on Ethereum and 395% on the Polygon network. The platform plans to launch a paid and free version of the play-to-earn game. In the paid version, SPONGE will be used as in-game points, and players will also receive rewards in meme coins.
According to analyst and cryptocurrency YouTuber Jacob Bury, SpongeV2 is one of the top meme coins to invest in this year and has the potential to surge again once it is listed on other top exchanges. By connecting your Web3 wallet to the platform website, you can exchange ETH, MATIC and USDT for SPONGEV2 tokens. You can also use a bank card.