Why
$ONT is Skyrocketing Today! 🚀 +33% Surge Explained!
The bulls are back for Ontology!
$ONT is currently one of the top gainers on #Binance, and here is exactly why the market is reacting:
🔥 The Big Burn: The total supply of $ONG has been officially capped at 800M (down from 1B). A 200M token burn is no small feat—scarcity is the name of the game!
🔒 Permanent Lock: Assets worth 100M ONG are now permanently locked in liquidity. This move by the @OntologyNetwork team has significantly thinned out the sell side.
🤖 The AI Factor: With the new Palantir & NVIDIA collaboration for AI-integrated Decentralized Identity (DID), ONT is no longer just a "Legacy L1"—it's an AI infrastructure play.
💰 Staking Rewards: New tokenomics direct 80% of rewards to ONT stakers. Higher yields = more ONT locked = less ONT available to sell.
Technical Outlook: ONT has broken out of a long-term downtrend channel. If it holds above the current support, we could see a retest of the next major resistance levels at $0.085 and $0.12.
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