Ondo ($ONDO) dropped 2.72% over the last 24 hours to $0.264, according to its crypto trading market data on Sunday, underperforming a nearly flat broader market, primarily due to low liquidity and weak momentum in a risk-off environment.

The naira dropped at the official window, settling at N1346 per dollar as the rally slowed down after early momentum. For three consecutive trading sessions, the local currency has been pulling back due to increased demand for the US dollar in the currency market.