I've had an eye on Ondo, I certainly think it will do quite well.
A market cap over $1b makes me sceptical though. I know it could still go higher, but when you start getting to that size I feel I need to be 100% sure that the token will outperform SOL, or even BTC. Bitcoin might not do many more Xs from here Sol probably will so why take the risk on $1b+ coins that may not even beat Sol?
I'm not a Sol maxi btw. I tend to choose only a small number of the top coins then I look waaaaay down the list at the micro caps where I think I can get 100x return. The middle ground for me just isn't worth it.
A market cap over $1b makes me sceptical though. I know it could still go higher, but when you start getting to that size I feel I need to be 100% sure that the token will outperform SOL, or even BTC. Bitcoin might not do many more Xs from here Sol probably will so why take the risk on $1b+ coins that may not even beat Sol?
I'm not a Sol maxi btw. I tend to choose only a small number of the top coins then I look waaaaay down the list at the micro caps where I think I can get 100x return. The middle ground for me just isn't worth it.
the FDV of ondo is also whooping 7 billion, personally I'd invest in SOL instead since it has really active blockchain and it might beat ETH or close to ETH in term of market capitalization at some point since revenue of SOL already compete with ETH a lot.
but I guess OP has his share of belief as to why he choose ONDO
however, i will not prefer micro cap coin compared to ONDO, current trend is that most of the whale just don't want to invest into micro cap coin if it's not meme coin and usually the micro cap coin just getting delisted after awhile.