RWAs link the physical and virtual worlds in DeFi and they help in increasing the space of investment portfolios, markets, and liquidity. RWA tokens demonstrate the fact that effective innovations and financial enhancements are very much compatible with one another when it comes to altering today’s rapidly evolving landscape of cryptocurrency networks.
RWA altcoins are making some headlines because they may be the next trigger to the crypto market explosion! In this article, we will discuss the top 10 RWA altcoins to invest in 2024.
What are RWA Altcoins?
To explain what RWA tokens are, it is helpful to think of a valuable painting belonging to you. Generally, it can only be purchased by a few rich players whereas with tokenization it becomes sliced into digital tokens and can be owned in fractions by various investors. New and very exciting, isn’t it?
Let’s get started with the best 10 RWA altcoins to invest in 2024 to get 10 times your profit.
Top 10 RWA Altcoins in 2024
1. Landshare
Landshare is an RWA token staking physical properties into digital tokens over the Binance Smart Chain that generates income streams from those properties. The token has revealed its growth activity increased by 171% and surpassed 83% of the top 100 cryptos last year.
Currently, the valuation of the LAND token stands at $15 in today’s market.
2. Centrifuge
Centrifuge is an open-source and decentralized application that is involved with issuing financing for RWAs. It is done in the realm of DeFi to decrease the cost of capital for small and medium enterprises while giving investors a reliable source of income. Centrifuge wants to generate profits by shifting genuine monetary value from fiat currencies to cryptocurrencies. The volatility in the price of Centrifuge was recorded to be up to 195% in the last year.
Presently, the price of the CFG token is at $1 and has a market capitalization of USD 489.31 million. Want to know what cryptocurrency is going to bring you the most profit in 2024? We bet on CFG altcoin!
3. Pendle
Pendle is a negotiable instrument that is focused on tokenizing specifically to trade future yield. The current sentiment for Pendle’s price prediction is bullish! PENDLE is at $3 million and it has a score of 81 on the fear and greed index.
4. Maple
Maple is a decentralized bank for companies that assists companies in directly obtaining money utilizing blockchain systems. Investors who deposit their coins in Maple can make constant revenues by providing loans to many distinctive groups of prominent crypto firms. Presently, Maple token (MPL) is at USD 25.77 with a market cap of USD 114 million.
5. Polymesh
Polymesh is a second-layer institutional-grade blockchain dedicated to regulated assets only. Unlike other blockchains such as Ethereum, it is a security token that eliminates barriers to the acceptance of security tokens by institutions. The token is priced currently at $0.6262 and market capitalization of $506 million.
6. LumiShare
Lumishare is one of the renewable energy investment opportunities in the modern world which provides updated information to investors. All geographical and financial barriers are tinkered with, and investors worldwide get help to find sustainable investment ways. LUMI token is offered at $0.1292 and has been on the rise for the last year.
7. Creditcoin
It is a current and promising credit platform that was created to bring digital wallets into the investment sphere. It is backed by strong blockchain technology, and it comes with features that enable it to borrow and lend out cryptocurrency. Currently, it is ranking as one of the best RWA altcoins to buy in 2024 for 10X gains.
8. Goldfinch
It is a DeFi lending platform that gives you crypto loan options without requiring any collateral from you. The main functions of this contract are to strengthen the operation of blockchain technology and to begin enjoying the advantages of decentralized credit protocol in various types of enterprises. Goldfinch provides 10-14% APY for an average lending and staking business.
9. Mantra
MANTRA is a security-first RWA Layer 1 blockchain with the capability of being compliant and enforcing real-world regulations. It is designed for institutions and developers and provides a permissionless blockchain for permission applications.
OM token is at $0.7216 and has a current market cap of $572.47 million. The sentiment around token OM is quite positive, and thus, it has been included in the list of top ten contenders for 2024.
10. Ono Finance
Ono Finance enables users to profit handsomely from US Treasury bonds on a variety of blockchain platforms. At its current price of USD 0.9114, ONDO is showing positive signs of increase in 2024.
