Real-World Asset Tokens: ONDO, OM, FTM, RNDR, ORDI: RWA Tokens Surge, Led by Ondo

• ONDO has skyrocketed a massive 8.6% in the past 24 hours.
• ORDI has also surged 6.99% in the same period. 
• FTM has also printed a whopping 5.59% in gains.

Two leading real-world asset (RWA) projects, Ondo (ONDO) and Mantra (OM), are positioned for a breakout. Ondo surged 8.6% over the last 24 hours. Other altcoins, including Render (RNDR), Fantom (FTM), and ORDI (ORD), also show potential for gains.

According to the data from Coingecko, OM is trading at $1.38. It has turned bullish in the past day but is still down by more than 6% in the past week. Further, the altcoin has achieved a market cap of $1.2 billion and is down 14.85% down from its all-time high of $1.62, witnessed thirteen days ago. 

Meanwhile, ONDO is down 0.43% in the past 24 hours and is priced at $0.6789, trading at a 54.1% discount to its all-time high of $1.48, printed in June this year. The altcoin has crashed 16.81% in the past week, confirming that investors are bearish on the digital asset in the short term. Further, ONDO has skyrocketed a massive 320.03% since October 2023. 

FTM, RENDER, and ORDI Set for Gains?

FTM outperformed most altcoins, rising 5.59% over the past 24 hours. It currently trades at $0.2714, down 80.59% from its all-time high of $3.48. FTM dropped 10.43% over the past seven days but gained an impressive 192.95% since last October. FTM’s nearest resistance sits at $0.76, a level it last traded above in June.

Read also: TON Holders Could Surpass ETH Holders by December 2024

RENDER and ORDI rose 0.29% and 6.99% respectively in the past 24 hours and are trading at $4.83 and $34.19. RENDER is down 64.45% from its all-time high of $13.60 while ORDI has crashed 64.67% from its ATH of $96.17.