If You Own ONDO, LINK or HBAR – WATCH THIS NOW!!

How the US government’s recent White House report, “Strengthening American Leadership in Digital Financial Technology,” mentioned three cryptocurrencies: Ondo (ONDO), Chainlink (LINK), and Hedera (HBAR), along with a smaller-cap project called Plume. The speaker highlights that these projects have been working on integrating traditional finance with the new crypto financial system.

Here’s a breakdown of the key points:

• Market Performance and Macro Factors
  • Despite the positive mention in the report, these cryptocurrencies haven’t seen a significant price pump, which the speaker views as a good thing because it means the “juice” isn’t already priced in.
  • The current market is influenced by the Federal Reserve’s hawkish stance, with no rate cuts expected until around September.
  • The speaker notes that altcoins, especially large caps, typically take longer to break their bear market highs compared to Ethereum (ETH). ETH is currently close to its bear market high, and altcoins are expected to follow suit after a further “bleed” against ETH.
  • The speaker anticipates an “alt season” once ETH breaks its all-time highs, similar to previous cycles.
• Project-Specific Mentions in the Report
  • Ondo (ONDO): Mentioned as an example in the tokenization process. Ondo is actively tokenizing major stocks like Sony, Shopify, United Health, and Apple, with the potential for government backing in this process. The ONDO token’s primary utility is speculative, allowing investors to gain exposure to the growth of the Ondo ecosystem.
  • Plume: A smaller-cap coin (around $300-400 million market cap) mentioned in Ondo’s documentation for cross-chain operations and also in the US government report. Plume’s use case is real-world asset finance, enabling the use of tokenized stocks in a DeFi capacity.
  • Chainlink (LINK): Featured with its graphics and products in the report, highlighting its Oracle network for orchestration, price feeds, data feeds, and its Cross-Chain Interoperability Protocol (CCIP). Chainlink has strong ties to the US government, with mentions of the SEC getting guidance from Chainlink, Sergey Nazarov speaking at the White House, and the SEC task force discussing tokenized asset standardization with Chainlink.
  • Hedera (HBAR): Referenced in the report for its role in the decentralized finance technology stack, with information sourced from Hedera. Recent positive developments for HBAR include listings on Robinhood and Kraken, addition to Grayscale’s smart contract platform fund, and high approval odds for a Hedera ETF.
• Tokenization Narrative
  • All four projects (Ondo, Chainlink, Hedera, and Plume) are primarily focused on tokenization, which the speaker believes will be one of the strongest narratives in the current bull run, alongside gaming and AI.
  • The speaker advises getting exposure to this narrative, noting that smaller market cap coins like Plume and Ondo have higher multiple potential than Hedera and Chainlink.
• Price Targets and Future Outlook
  • These coins currently have significant room to grow to reach their bear market highs, with Ondo needing about a 2.5x increase, Chainlink about 70%, Hedera about 45%, and Plume over a 2.5x increase.
  • The speaker warns against excessive optimism once these coins reclaim their bear market highs, as historically, they have seen massive jumps (an average of 17.5x) from those levels.