QQQON surged 101.1% within 24 hours to $602.74: Bitget's listing of ONDO tokenized ETF drives active trading
Bitget Pulse2026/03/18 14:05Volatility Brief
In the past 24 hours, the price of QQQON touched a low of $300 and a high of $603.18, currently standing at $602.74, with a price fluctuation range as high as 101.1%. According to public market data, the 24-hour trading volume is approximately $4.23 million, showing a decrease from the previous day but remaining at an active level, with a market capitalization of around $27.16 million.
Summary of Reasons for the Market Move
- Bitget exchange launched 15 Ondo tokenized US equities and ETF products within the past 10 hours, including QQQON (the tokenized version of the Nasdaq 100 Index ETF), supporting USDT spot trading as well as deposits and withdrawals, thereby directly boosting liquidity and exposure.
- On March 16, TermMax launched the Ondo asset lending market on BNB Chain, supporting collateralized borrowing of USDT with QQQON and others. The 30-day transfer volume surged by 845.89%, indirectly stimulating on-chain activity.
Market Views and Outlook
The community responded positively to the Bitget listing, with related X posts earning over 43 likes. It is considered a key step for RWA (Real World Assets) to bridge TradFi, with mainstream sentiment optimistic about the convenience of 24/7 trading and the potential for DeFi integration. Analysts note that while the listing brings short-term traffic benefits, caution is needed regarding price volatility risks under low liquidity, with NAV stabilizing around $600.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, and is for informational purposes only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
As chip stocks plummet, "cybersecurity software" surges across the board, CrowdStrike and Palo Alto Networks hit new highs
CrowdStrike surged 13.8% in a single day to a record high, while Palo Alto Networks soared 13%. The software ETF outperformed the semiconductor ETF by more than 10 percentage points in a single day, marking the largest gap in history. Analysts believe that regardless of the pace of AI development, security demand will only continue to rise. Capital is accelerating its rotation from computing hardware to security software, with segments such as identity management and data governance expected to benefit first.
Altman can afford to wait, but Masayoshi Son can't: OpenAI will not go public this year, exposing a $20 billion gap and a credit weakness for SoftBank.
OpenAI has postponed its public listing, putting its largest external shareholder, SoftBank, in a liquidity crisis. This week, SoftBank is conducting a roadshow in New York, seeking to issue $10-20 billion in bonds to repay the $40 billion bridge loan previously borrowed to increase its investment in OpenAI. According to Bloomberg estimates, SoftBank faces a funding gap of at least $20 billion, and the yield on its existing U.S. dollar bonds has already exceeded 8.5%, with pricing approaching junk status.
Meeting postponed, gold price drops rapidly
The "first metaverse stock" bets on "AI-powered game creation"! Roblox (RBLX.US) competes for creator economy dividends, shares surge nearly 13%
On September 11, after Roblox announced new tools for game developers and features for players at its developer conference, the company's stock price rose by more than 12% on Monday.
Crypto prices
More
