ONDO crypto, the real-world asset (RWA) juggernaut, is down 2.7% overnight as it struggles to break through the heavy resistance barrier at $1. Is MIND of Pepe the best memecoin play instead?
The entire crypto market is struggling today as Bitcoin has lost ground on its run toward a fresh all-time high, dropping to $108,900 in the past 24 hours.
We're excited to announce the successful completion of a cross-chain Delivery versus Payment (DvP) transaction in collaboration with Kinexys by J.P. Morgan (@jpmorgan) and @OndoFinance.https://t.co/W2IC8NeO18
This milestone marks the first-of-its-kind cross-chain, atomic… pic.twitter.com/0J1tA3AYWk
— Chainlink (@chainlink) May 14, 2025
Will ONDO Crypto Reject At Resistance Once Again Following First-of-Its-Kind Collaboration With Chainlink And J.P. Morgan
Per CoinGecko, ONDO crypto is the third-largest RWA token by market cap, sitting at $2.9 billion. However, its recent price action has seen it reject at $1 on two separate occasions since May 24.
ONDO was trading above $1 briefly on May 23, going as high as $1.05, but has since fallen below and seen $1 turn into a heavy resistance zone.
The recent price action of ONDO crypto comes after a May 14 collaboration announcement between Ondo, Chainlink and J.P Morgan’s ‘Kinexys’ Blockchain project. The collaboration saw a testnet transaction between the three parties on the Ondo Chain testnet.
Regarding the testnet transaction, the official Ondo X account said, “This milestone marks the first use of Ondo Chain’s infrastructure and is a first-of-its-kind cross-chain, atomic Delivery versus Payment (DvP) settlement of a tokenized asset (OUSG) between Kinexys Digital Payments’ permissioned blockchain network and a Layer 1 blockchain network (Ondo Chain), via Chainlink’s cross-chain orchestration infrastructure.”
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“The successful execution of this transaction represents a major milestone, not only for the launch of Ondo Chain’s testnet, but in doing so with two of the most prominent players in both traditional finance and crypto,” said Nathan Allman, CEO of Ondo Finance.
ONDO Finance continues to take the RWA to new levels. After launching just 17 months ago, in January 2024, Ondo has taken over the tokenized asset crypto space with its backing from BlackRock, partnerships with the likes of Chainlink and J.P. Morgan, and a total-value locked (TVL) that now exceeds $1.27 billion, per DefiLlama.
It truly represents one of the biggest blue-chip plays in crypto right now; however, on a short-term timeframe, ONDO crypto desperately needs to reclaim $1 and flip to support before a wider bullish structure can be formed.
ONDO is still 56% away from its December 2024 all-time high price of $2.14, further highlighting the need for $1 to be flipped to support before a move back toward the all-time high can become possible.
BONUS: Is MIND of Pepe The Best Memecoin Play While ONDO Figures Out Its Next Move?
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The $MIND terminal is nearly upon us. 👁 Are you ready? 🔥 pic.twitter.com/guP2AOcbcq
— MIND of Pepe (@MINDofPepe) May 26, 2025
MIND of Pepe (MIND) has raised over $10.6 million in its hugely successful presale, and there are still four days to go before it ends. The early success is due to its perfect blend of Pepe-themed meme coin virality, coupled with a swathe of utility for MIND holders. For these reasons, MIND could truly be the best meme coin play of 2025.
On May 10, the MIND AI Agent went live across social media, where it has been ever since, engaging, absorbing, and listening to the markets. Utilizing cutting-edge LLM (large-language model) AI technology, the MIND Agent is a hyper-intelligent and sentient being, scouring social media to spot crypto alpha, trading insights, and even the next big narrative before it hits the mainstream.
To top it off, the MIND team recently teased its MIND Terminal, an all-in-one dashboard for MIND holders to view all of the alpha gathered by the AI Agent. This will include trading signals, new narrative alerts, token volume spikes, and much more.
How To Secure MIND Before The Timer Runs Out
The timer is counting down quickly, and there are just 7 days left to grab MIND tokens at presale prices before it launches on exchanges. Regarding exchanges, there are rumors that a top-tier CEX listing will be available for MIND once it launches. This has led many to speculate whether it could be the next Binance listing.
To join before it is too late, head to the MIND of Pepe website, connect your wallet (such as Best Wallet), and buy MIND using ETH, USDT, or a bank card.
Best Wallet is available on Google Play or the Apple App Store.
For MIND token holders, there is a built-in staking tool, with an eye-catching 219% APY currently on offer.
Join the MIND community on X and Telegram to stay up-to date with all the latest project announcements for the best memecoin play this year.
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