ONDO drops 12% to $0.50 despite 1M-wallet tokenization milestone
- —Ondo's tokenization ecosystem surpassed 1 million wallets
- —ONDO fell 12.09% to about $0.5084, losing $0.52 support
- —Trading volume jumped 76.48% as selling accelerated
- —About $531 million in crypto positions were liquidated in 24 hours
Why it matters: Spot buyers are defending the rising trendline, but persistent futures selling could expose the $0.4613 support.
Source: AMBCrypto