On June 3, according to market information, ONDO broke through $1.4 and is now quoted at $1.44, with a 24-hour increase of 15.5%, and the coin price hit a record high. As of today, it has ranked fourth in popular projects, second only to PEPE and WIF, two popular coins.

ONDO is a token launched by Ondo finance on January 18, 2024. It was worth only $0.10 when it debuted, and it soared within a few days, with an increase of 2,500% at one point.

ONDO coins have long-term holding value. According to official data, the current price of ONDO coins is $1.40, lower than the historical high of $1.05, and the current market value is $2036746810.

ONDO initially built a novel DeFi primitive for structured products, providing a choice between downside protection and increased returns. ONDO subsequently expanded to new use cases, such as liquidity as a service. In the future, ONDO will also focus on expanding to new sources of capital demand, such as algorithmic stablecoins and real-world uncollateralized loans, as well as new sources of capital supply, such as retail users through cryptocurrency exchanges and Web2 fintech.

Overall, the future development of ONDO will occupy an important position in the crypto field, and also bring the development of its token ONDO coin. Investors can keep an eye on ONDO coin. #ondo

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