Avalanche (AVAX) and ONDO Crypto Token Prices Soar – Here’s Why

Crypto analyst Wise Advice has highlighted several key points about Avalanche (AVAX) and Ondo (ONDO). The analyst noted AVAX's price growth, an upcoming token unlock

Cryptocurrency prices have experienced varied movements over the past week, with some tokens, such as Avalanche (AVAX) and Ondo (ONDO), showing substantial gains. CryptoSlate has assembled a roundup of the latest price updates and highlighted key points mentioned by crypto analyst Wise Advice.

As mentioned by Wise Advice, AVAX has seen impressive growth of 30% between the 15th and 22nd of last month. This momentum has continued, with CoinGecko data showing a 12.51% price increase over the past week.

At press time, AVAX trades at $28.71, with a daily trading volume of $593,667,453. The token has demonstrated strong performance, recording a 3.71% price increase in the last day.

Adding intrigue to Avalanche’s story, Wise Advice shared an interesting rumor. The analyst noted that the fifth-largest AVAX holder, with a stake valued at $70.5 million, isҺ rumored to be the Vice President of Trump. This connection, if true, could potentially impact the token’s prospects.

Looking ahead, Avalanche holders should mark their calendars. Wise Advice reports that the next token unlock is scheduled to occur in 67 days. This event could influence AVAX’s price and market dynamics in the coming months.

Meanwhile, ONDO has also seen its price rise, starting at $0.7336 and climbing to $1.295, a 76% increase. Wise Analyze noted that the token’s upward trend continued, reaching $1.44, marking a 96% gain from its initial value.

Despite an upcoming unlock of 0.02% of the total supply, ONDO’s growth seems unstoppable. Wise Advice highlighted this strong performance, indicating a promising trajectory for the token.

According to CoinGecko at press time, ONDO trades at $1.09. The token has maintained its positive momentum, showing a 3.71% increase in the last day and a 17.25% rise over the past week. Its day trading volume is at $232,054,646, indicating active market participation.

Investors should be aware of an upcoming event in Ondo’s ecosystem. Wise Advice reports that a token unlock, representing 0.02% of the total supply, is scheduled to occur in two days. Despite this, the analyst suggests that this event may not hinder ONDO’s growth trajectory.

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