tl;dr
The co-founders of Glassnode, known as Negentropic on social media, identify real world asset tokenization protocols like Ondo Finance (ONDO) and Mantra (OM) as "fundamentally strong" and poised for an upside rally. They highlight OM as a standout performer and emphasize the promising mid-term setup...
The co-founders of Glassnode, known as Negentropic on social media, identify real-world asset tokenization protocols like Ondo Finance (ONDO) and Mantra (OM) as "fundamentally strong" and poised for an upside rally. They highlight OM as a standout performer and emphasize the promising mid-term setup for these protocols. ONDO and OM are currently trading at $1.31 and $5.83, respectively.
Regarding Bitcoin (BTC), they suggest that negative economic news could drive its price down to $92,000-$95,000, but note the potential for bullish momentum if it successfully retests its resistance zone. BTC is currently trading at $96,674, showing a marginal decrease in the last 24 hours.
The co-founders of market intelligence firm Glassnode are identifying one nascent crypto sector that looks particularly strong while updating their outlook on Bitcoin (BTC). In a new thread on the social media platform X, Jan Happel and Yann Alleman – who go by the handle Negentropic – say that real-world asset tokenization protocols such as Ondo Finance (ONDO) and Mantra (OM) appear “fundamentally strong” and ready to spark a rally to the upside.
ONDO and OM are trading for $1.31 and $5.83 at the time of writing, respectively. Moving on to the top crypto asset by market cap, Happel and Alleman say that bad economic news could send BTC back down to a price tag of somewhere between $92,000 and $95,000. However, the duo notes that Bitcoin could continue its bullish momentum if it successfully retests its resistance zone.
The flagship digital asset is trading for $96,674 at the time of writing, a fractional decrease during the last 24 hours.