MSTRon is hovering around $170-180 (currently between ~176-178). Up 5-6% in 24 hours, volume is also good. Market cap is around $22 million. This is actually Ondo Finance's Tokenized Stock — it moves almost exactly in line with the price of the original MicroStrategy (MSTR) stock. As MSTR rises and falls, so does MSTRon. Since Bitcoin is a large part of MSTR, it depends a lot on the movement of BTC.
What will happen in the future? If Bitcoin rallies again and MSTR performs well, MSTRon can easily go to 250-300+. But if the market goes down, there is a risk of it falling back to 100-120. It is a high risk high reward thing — volatile like stocks ।
I'm holding on to it myself, because it's convenient to bet on BTC (can be traded 24/7). But DYOR bro, check it yourself before investing. No financial advice!
What do you think? Should we enter MSTRon now or wait? Tell us in the comments 👇