#ONDO unlocks 1.94 billion tokens#

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Overview

ONDO is set to unlock 1.94 billion tokens today, representing 19.396% of its total supply, worth an estimated $2.83 billion. This unlock will increase ONDO's circulating supply to 5.33 billion tokens, comprising 53.3% of the total supply. While ONDO has declined by 13.5% year-to-date, it has surged by 460% in the past 12 months. This unlock could significantly impact ONDO's price, and investors should closely monitor its price movements.

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Analysis

ONDO is set to unlock 1.94 billion tokens today, representing 19.396% of the total supply, with an estimated value of $2.83 billion. This unlock is the largest for Ondo Finance this year, increasing the circulating supply by 134%. Currently, ONDO has a circulating supply of 3.39 billion tokens, out of a total supply of 10 billion. While ONDO has declined by 13.5% year-to-date, it has surged 460% in the past 12 months. This unlock will significantly impact ONDO's price trajectory, and investors should closely monitor its market performance. Due to the massive amount of unlocked tokens, the market could experience pressure, leading to a price drop. On the other hand, if demand for ONDO remains strong, the price might remain stable or even increase.

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ONDO unlock will release a large number of tokens, representing 134% of the current circulating supply, which could have a negative impact on the price.

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The unlocked tokens are worth approximately $2.83 billion, representing 19.396% of the total supply.

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ONDO has declined 13.5% year-to-date, but is up 460% over the past 12 months, and the unlock event could impact the price trend.

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The unlock event will significantly increase the circulating supply, which could lead to price fluctuations, and it is important to monitor market reactions.

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