Top RWA Crypto Tokens That Could 50-100x in 2024

Real World Asset (RWA) crypto tokens are trending and a fresh asset class. Driven by its underlying asset value, RWA crypto tokens are a great opportunity for the finance world and investors to gain indirect profits from the real asset itself.

However, there are numerous projects already in the space and one can easily get confused over what asset to invest in. We have compiled a list of the top RWA crypto tokens that can grow multifolds in the upcoming bull market.

Top RWA Crypto Tokens

RWA crypto tokens are a very safe way to invest your funds directly into a real-world asset like Art pieces or NFTs, shares, bonds, etc. with less risk. Cryptos like Bitcoin, Ethereum, etc are poised for heavy fluctuations and can be very risky. With RWA crypto tokens the risk of fluctuation is minimized. Below are the top 5 RWA crypto tokens regarding their overall performance.

Polymesh (POLYX)

Polymesh is a layer-1 public blockchain with the native token POLYX. POLYX is built for security tokens trading, holding the fractional units of digital bonds and contracts with an underlying real-world asset.

Polymesh aims to combine the benefits of private and public blockchains, catering specifically to the needs of regulated financial markets. Polymesh’s integration of decentralized applications (Dapps) in industries such as medicine, law, and government will make the project more compliant. Along with that, Polymesh also provides staking benefits just like any other crypto platform. This can attract more projects and users to the Polymesh ecosystem

At the press time, Polymesh (POLYX) was trading at $0.209573, with a 24-hour trading volume of $10 million. This indicates a 0.56% decrease in the last 24 hours and a 5.50% increase in the last seven days. The growing market cap of $189 million will surely take the POLYX 50 times the current value.

Also Read: ETH Price Hits 18-Month High, Ethereum Dencun Hardfork Coming By January 2024

Maple (MPL)

Maple (MPL) is the native token of the Maple Finance protocol, an institutional lending platform. KYC procedures are among the services provided. MPL can be used to participate in governance, earn fees, and gain ownership in lending pools. This makes MPL an exemplary RWA crypto token that can be traded for good returns.

The token utilized Ethereum technology to enable undercollateralized loans for institutional borrowers. This makes MPL a great choice among various lending protocols to finance digital loans. As the market size increases more investors will jump in resulting in high borrowing capacities which will directly help Maple (MPL) to grow.

As of writing, Maple (MPL) price was trading at $17.45, with a 24-hour trading volume of $1 million. This indicates a 7.86% drop in the last 24 hours and a 17.69% drop in the previous 7 days.

Pendle (PENDLE)

Pendle stands out as a promising Real World Asset (RWA) crypto token with its asset management protocol offering users diverse yield strategies, including longing and shorting, empowering them to optimize and control their yields.

The platform’s key features, such as yield tokenization and an Automated Market Maker (AMM), enhance liquidity and facilitate efficient trading of yield tokens. The incorporation of vote escrowed tokenomics (vePendle) adds a governance layer, allowing token holders to actively participate in decision-making.

Moreover, Pendle Finance positions itself as the decentralized answer to traditional finance’s interest rate derivative market. This will potentially attract users seeking familiar functionalities in the decentralized ecosystem.

Pendle was trading at $1.2, with a 4.71% increase in the previous 24 hours and a 20.92% increase in the last 7 days. Its 24-hour trading volume is $19 million.

AllianceBlock Nexera (NXRA)

NXRA is an RWA crypto token just like Polymesh. It enables organizations to tokenize assets and issue, manage, and trade them in a regulated financial environment.

The AllianceBlock Ecosystem relies on NXRA tokens as its backbone. The NXRA token serves multiple purposes, acting as the primary medium of exchange, rewarding ecosystem participants, and facilitating network fee payments. Additionally, it functions as the currency reserve in the ecosystem reserve pool and operates as a governance token, enabling voting and power delegation.

As the financial world is making a shift from traditional to digital, NXRA may provide a better solution with its tools which will further enhance its overall growth. The NXRA token hence poised to grow and can give even 1000x returns.

AllianceBlock Nexera (NXRA) was trading at $0.139215. This indicates a 2.44% decrease in the last 24 hours and a 6.77% increase in the last seven days.

Polytrade (TRADE)

The last in the list of Top RWA crypto tokens is Polytrade. Polytrade is a new blockchain startup that makes it easier for crypto investors to diversify their holdings into physical items. The project offers a marketplace for tokenized assets as well as tools for portfolio monitoring and management.

Although the platform is still in the works, Polytrade intends to accommodate a broader range of asset types than many competitors. Car loans, real estate, complex credit instruments, business bills, stocks, bonds, treasuries, collectibles, and other assets will be tokenized.

These features covering most of the RWA aspects will attract more investors hence raising the value of Polytrade.

At the press time, Polytrade (TRADE) was trading at $0.778775. A 10.94% increase in the previous 24 hours and a 12.67% increase in the last 7 days.

Also Read: Solana (SOL) Price Up 15% Shooting Past $70, Next Target $100?

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