The Real World Assets (RWA) sector, represented by unique tokens linked to tangible and intangible assets like gold and real estate, is showing resilience. As Bitcoin value dips by 10% to a current price near $61,000, these RWA tokens present compelling alternatives for investors.
Today, the RWA market capitalization stands at $7.86 billion, reflecting a slight decrease of 4.1% in the past day. Among the noteworthy cryptos to buy now are MANTRA (OM), XDC Network (XDC), Centrifuge (CFG), Ondo (ONDO), LCX, and Goldfinch (GFI), which diverge from Bitcoin’s recent bearish trends.
1. MANTRA (OM)
MANTRA (OM) stands out as a groundbreaking Security RWA Layer 1 Blockchain designed for easy integration while adhering to regulatory standards. This platform is optimized for both developers and institutional use, offering a permissionless base that also accommodates permissioned applications.
Currently, MANTRA price holds at $0.8387, having climbed 2.56% in the last 24 hours and, impressively, by 95% over the past month. These statistics underscore a strong bullish trend in the market as Bitcoin faces a downturn. MANTRA now ranks 108th on CoinMarketCap, with a market capitalization of $668 million.
2. XDC Network (XDC)
The XDC Network presents a versatile hybrid blockchain model, merging public transparency with private network efficiency. It aims to streamline financial services for its users through cutting-edge blockchain solutions and infrastructure.
This network supports rapid transactions and promotes interoperability and cybersecurity through its delegated proof-of-stake (XDPoS) consensus mechanism.
XDC Network price is currently at $0.03776, experiencing a slight 24-hour dip of 1.65%. Despite this, its robust framework positions it as a leading RWA crypto investment. It currently holds the 126th position on CoinMarketCap, with a market capitalization of $524 million.
3. Centrifuge (CFG)
Centrifuge (CFG) is a pioneering protocol in the decentralized finance landscape. It is designed to bridge the gap between real-world assets and DeFi. Its mission is to reduce financing costs for small to mid-sized enterprises and offer investors a stable return.
The price of CFG price currently stands at $0.6947, boasting a market cap of $341 million. The token has enjoyed a robust 164% increase over the past year, indicating strong market confidence, although it has experienced minor pullbacks recently.
4. Ondo (ONDO)
Ondo (ONDO) plays a crucial role in guiding the Ondo DAO, which focuses on democratizing access to premium financial strategies. ONDO token holders enjoy specific rights within Flux Finance, which the Ondo DAO manages. As BlackRock explores the tokenization of Real-World Assets, Ondo Finance is gaining significant attention.
The trading price for ONDO is now $0.8688 after a 9% decrease. It ranks 73rd on CoinMarketCap with a market capitalization of $1.2 billion. Despite the recent dip, ONDO has been gaining momentum, increasing by over 66% this month alone. This surge positions it as a compelling purchase, especially as Bitcoin’s price faces challenges.
5. LCX
LCX is pioneering the field of tokenized Real World Assets (RWAs), currently priced at $0.274. It has experienced a significant decline of 15.52% over the past 24 hours. Standing at 259th in the CoinMarketCap rankings, LCX boasts a market cap of $211 million. Over the past year, despite general market downturns, LCX has surged by 286%, marking it as a top RWA cryptocurrency investment.
6. Goldfinch (GFI)
Goldfinch operates a global credit protocol that focuses on generating stable, high-quality stablecoin yields. Real-world economic activities back these yields and are less affected by DeFi market swings.
Goldfinch price is currently at $3.83 after an 11.43% decrease in the last day. It ranks 394th with a market capitalization of $111 million. Recently, GFI’s value increased by 121% in just a month, showcasing significant growth potential as Bitcoin’s price falls by 10% weekly.
Bottom Line
Amidst Bitcoin’s current downturn, discerning investors are turning to robust alternatives within the RWA space. MANTRA, XDC Network, Centrifuge, Ondo, LCX, and Goldfinch emerge as prime candidates, demonstrating resilience and growth potential in a volatile market.
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