Altcoins
Top 10 RWA Altcoins for 10x Profit in 2024
The Web 3.0 space is evolving, and so are its visions! Real-world assets (RWA) in crypto are the tokenization of tangible assets that exist in the physical world, put on-chain. Real-world assets, or RWA, in DeFi and cryptocurrency, show how tokenization is bringing blockchain and traditional finance closer together.
RWAs connect the real and digital worlds in DeFi, expanding investment opportunities, liquidity and market access. RWA tokens prove how innovation and financial change can coexist and transform the rapidly evolving ecosystem of cryptocurrencies.
RWA altcoins are in the news because they could be the next factor driving the crypto market boom! In this Coinpedia report, we will cover the Top 10 RWA Altcoins for 10x Profit in 2024.
What are RWA altcoins?
In the cryptocurrency space, tokenizing real-world assets means turning physical assets into digital tokens on the blockchain. RWA tokenization has advantages such as:
- Improving liquidity and accessibility through tokenization makes it easier to buy and sell assets that are usually difficult to trade in a regular scenario. It allows partial ownership of high-value assets, thereby allowing a wider range of investors to reach initially difficult-to-access markets.
- Global investment opportunities come with RWA tokens as they reduce geographical and financial barriers.
- New markets are created as RWA tokens open the door to new and innovative financial products and market participants.
To better understand RWA tokens, let’s consider a valuable chart. Usually, only a small group of wealthy players can purchase it; however, with tokenization, it can be segmented into digital tokens, allowing multiple investors to own a portion of it! Isn’t this new and exciting?
Learn about the top 10 RWA altcoins or top 10 RWA tokens to invest in 2024 and get 10x profits.
Top 10 RWA Altcoins in 2024
- Land sharing
Landshare is an RWA token that transforms real-world properties into asset-backed, revenue-generating tokens that can be traded on the Binance Smart Chain. The token demonstrated remarkable growth last year, as it rose 171% and outperformed 83% of the top 100 cryptocurrencies last year.
The current market capitalization of the LAND token is $15.01 million and its price is currently $3.86.
- Centrifuge
Centrifuge is a decentralized protocol that focuses on funding RWAs. This is done in the challenge area to reduce the cost of capital for small and medium-sized businesses while providing investors with a stable source of income. Centrifuge aims to create profits by transferring real monetary value from traditional currencies to digital currencies. Juicer price rise reached 195% last year.
The current price of the CFG token is $1.00 and its market cap is $489.31 million. We are totally betting on CFG altcoin for your 2024 cryptocurrency profits!
- Pendle
Pendle is a tokenization-specific platform designed to trade future returns. It introduced a unique Automated Market Maker (AMM) that supports assets with time decay. The current sentiment regarding the Pendle price prediction is bullish! PENDLE is currently priced at US$3.94 and has a score of 81 on the Fear and Greed Index.
- Maple
Maple is a decentralized bank for businesses where it helps businesses get money easily using blockchain technology. Investors who invest their money in Maple can earn a stable income by lending it to different groups of renowned crypto organizations. Currently, the Maple (MPL) token is currently priced at $25.77 with a market cap of $114.0 million. We suggest Maple for your RWA 2024 altcoin investment.
- Polymesh
Polymesh is a high-quality, specialized blockchain for regulated assets, providing institutional solutions. It differs from general-purpose blockchains like Ethereum because it overcomes limitations that could hinder institutional acceptance of security tokens. The token’s price is currently $0.6262 and its market capitalization is $506.01 million. Coinpedia is betting on the token due to the bullish sentiments the RWA token is currently receiving.
- LumiShare
Lumishare is a modern-age renewable energy investment that offers real-time data to investors so they can make informed decisions. It removes all geographical and financial constraints and helps investors around the world access sustainable means of investment. The LUMI token costs $0.1292 and has been growing since last year.
- Creditcoin
This is a new and exciting lending platform designed to transform digital wallets into an investment marketplace. It is backed by strong blockchain technology, offering CTC cryptocurrency borrowing and lending solutions. It is considered one of the best RWA altcoins to invest in 2024 for 10x profits.
- Goldfinch
It is a defi lending platform that offers you crypto lending options without any collateral. Its main goal is to streamline the use of blockchain technology and reap the benefits of the decentralized credit protocol in various businesses. So why did we pick him as a top contender? Goldfinch offers 10-14% APY on average lending and staking transactions.
- Mantra
MANTRA is a security-first Layer 1 RWA blockchain capable of meeting and enforcing real-world regulatory requirements. It is designed for institutions and developers and offers permissionless blockchain for permissioned applications.
The OM token is priced at $0.7216 and has a current market cap of $572.47 million. Sentiments around the OM token are optimistic and we have chosen it as one of the top 10 contenders of 2024.
- Ono Finance
Ono Finance has become a direct proxy for RWA coins, allowing users to earn a significant yield on US Treasuries across different blockchains. ONDO is priced at $0.9114 and gives a bullish sentiment for growth in 2024.