RE: The Era of Real World Assets
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I see that Ondo is ranked #37 on Coinmarketcap.com, that's pretty impressive but the max supply is somewhat discouraging, will have to look at the tokenomics to see what the emission schedule is like.
If I were to speculate on this one, I'd probably say that hitting $5 would be peak valuation and that would put it between #12 & #11 position.
I can't imagine it higher in the short term given that it's FDV would be over $50 billion and RWAs aren't exactly driving active liquidity or revenue at the moment.
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It is such a project that we may even see an abnormal valuation that is triggered by Trump, Black Rock, Saylor or any other influential figures of the new crypto ecosystem.
Of course we need to consider the supply, emission and other tokenomics too!
Thanks for your valuable comment ✌️
I've generally explored RWAs developments — as a sector — and written about it a couple of times, but I've never dived into specific projects, should probably do that as I might find something interesting.