The ONDO token, which focuses on tokenizing real-world assets, has seen a significant surge of 12% in the last 24 hours, reaching an all-time high of $1.43. This remarkable achievement has sparked intense speculation and optimism among investors and analysts, with some predicting that ONDO could potentially reach $20 by the end of 2024.

The driving force behind this upward momentum is attributed to the token's phenomenal potential, which has yet to be fully recognized by the market. Crypto enthusiast Pergo A believes that ONDO's market capitalization could effortlessly surpass $50 billion, driven by upcoming announcements and the development of the Real-World Asset (RWA) sector. This valuation is expected to put the price at around $35. Additionally, the involvement of major players like BlackRock is expected to propel this burgeoning industry to unprecedented heights, with projections of a $16 trillion valuation.

While some traders may regret not capitalizing on earlier buying opportunities, others remain steadfast in their belief in ONDO's potential. OxShalom, a crypto analyst, highlighted the token's backing by financial giants like BlackRock as a key factor fueling its recent surge. With ONDO positioned as a trailblazer in the tokenization of real-world assets, many investors are holding onto their positions, anticipating further gains.

New Meme Coin to Watch

Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. This new meme coin offers an opportunity to get in early with its ongoing low presale price, similar to the success of coins like $BONK, $WIF, or$MEW.