AI, DeFI, NFT, Memecoin! These are just some of the popular narratives in the crypto realm.
The latest trending narrative in 2024 is RWA or Real World Asset Projects. So, what are RWA coins, and which ones will likely hit their peaks in the upcoming bull run?
What are Real World Asset Altcoins?
RWA altcoins are a revolutionary class of crypto assets, transforming real-world/physical assets into digital assets whose value can be exchanged on the blockchain. These tokens have one primary aim: linking traditional assets with revolutionary blockchain technology.
In most cases, the primary idea behind an RWA token is tokenizing traditional and physical assets for trading on the blockchain. Take real estate, for example. Investing in real estate requires vast investments and even lots of documentation. With RWA coins, you can invest in real estate only by buying a token.
So, what benefits do RWAs bring?
- An opportunity to invest in the global market
- A dawn of new markets
- More liquidity access for traditional assets
Top 7 RWA Coins Should You Buy in May 2024
Realio Network $RIO
As an RWA project, Realio Network boasts the capacity to eliminate barriers associated with investing, trading, and leveraging real estate, private equity, and other real-world assets. The network connects to real-world holdings through decentralized finance.
The basic idea behind Realio is to expose investors to traditional tangible assets, such as real estate. By investing in RIO, you can now have fractional real estate ownership.
RIO, the native token of the Realio Network, also takes a spot in our list of top RWA crypto coins to invest in. Here are the token details as of the time of writing this report:
- Price: $1.78
- Market Cap: $11.7M
Analysts claim that RIO has the potential to give investors up to 100x gains, especially in the upcoming crypto bull season.
Ondo Foundation ($ONDO)
The Cayman Islands Foundation company was created to bolster financial inclusivity and market efficiency. Ondo aims to leverage institutional-grade financial products to bring financial inclusivity.
Ondo takes an innovative approach to RWAs, bringing accessibility, transparency, enhanced liquidity, and more. As Blackrock examines RWAs closely, Ondo gives investors excellent access to diverse investment opportunities.
Native within the Ondo Foundation is the token $ONDO. Launched on January 18, 2024, by Nathan Allman, Ondo has speedily climbed the ranks in the crypto realm, even earning a spot in the Coinmarketcap top 100. When writing this report, ONDO had a market cap of about $1.1 billion, and the token was trading at $0.8.
Interestingly, ONDO was listed on Coinmarketcap for $0.089. In merely a few months, it has already reported 10x gains. In the coming bull season, the coin can make 10x gains.
- Price: $0.8
- Market cap: $1.1 billion
Even more interesting, when I wrote this report, $ONDO had made a 28% price jump to $0.9933.
ChainLink ($LINK)
Perhaps the most significant and oldest crypto project offering real-world asset solutions on this list is ChainLink. The coin, which also ranks among the top cryptos in the blockchain realm, is predicted to have high potential in the upcoming bull season.
ChainLink is a crypto network that provides on-chain projects with off-chain data through Oracle solutions. This Oracle service ensures that DeFI projects and Dexes enjoy real-time data from off-chain sources like financial markets, real estate, and sports.
Platforms offering direct access to synthetic access through tokenization rely intensely on the Oracle service provision Chainlink to price their assets.
LINK, the native of Chainlink, is among the top crypto assets. When this report was written, it had a unit price of $13.9 and a market cap of about $8.1B. Interestingly, LINK’s all-time high stood at about $54.
- Price: $13.9
- Market cap: $8.1B
PROPCHAIN ($PROPC)
Propchain stands out among the RWA projects to look into in the incoming bull season as a project that arose during the crypto bear market. As of April 2024, the network is one of the most undervalued crypto projects.
Unlike many RWA crypto projects, Propchain was created mainly to bring a point of convergence between real estate and blockchain technology. In a traditional sense, you need tens of thousands of dollars to make minor investments in real estate. But with Propchain, you need fractional ownership by owning the PROPC token.
Imagine investing in a real estate project in Singapore, with investments as small as $300.
When writing this report, PROPC traded at $3.8 with a market cap of $64.9 million. There were over 5k users of this product and 8.5k token holders. ‘
- Price: $3.8
- Market Cap: $64.9M
With a shallow market cap, PROPC has the potential to make 10x, maybe even 100x, gains in the upcoming bull season. It is one token investors must watch out for.
Landshare ($LAND)
Another crypto project with the potential to transform real-world properties is Landshare. Landshare is a network designed to transform real-world properties into income-generating tokens tradable on the blockchain.
Landshare’s primary type of investment is in real estate. Like Propchain, Landshare allows investors to have fractional ownership of real estate projects through blockchain-based tokens.
At the heart of the project is a native token named LAND, which enables the activities. When this report was written, this Binance-based BEP-20 token traded at a market value of $4.
The market cap of this token also currently stands at about $15 million, leaving a great pool of opportunities for the asset to make 5x, 10x, or even 100x gains in the coming bull season. LAND is an asset worth watching.
- Price: $4
- Market cap: $15M
Polymesh ($POLYX)
Like many projects listed above, Polymesh is described as an institutional-grade permissionless blockchain network designed specifically for regulated assets. Its founders wanted to streamline the process of investing in financial instruments.
Polymesh achieves its goal by dealing with compliance, confidentiality, governance, settlements, and identity issues.
At the heart of the Polymesh network is the POLYX token, which enables the network’s functionality. When writing this report, POLYX traded at $0.5, with a market cap of $423.5 million.
- Price: $0.5
- Market cap: $423.5M
Mantra ($OM)
Finally, closing our list is the OM token from the Mantra project.
With a market cap of $590 million and a unit price of $0.72, OM, Mantra’s native token, is among the top players in the RWA universe. Investors rate it as having high potential, with some even predicting 10x and 20x gains in the coming bulls.
- Price: $0.72
- $590M
But what is Mantra?
Mantra is a regulatory compliance RWA blockchain designed for enterprises, institutions, and developers. It can completely adhere to many real-world regulatory requirements.
For developers, Mantra boasted the capacity to provide plug-and-play solutions, CosmWasm integration, multichain compatibility, and Mantra token service. The solutions for institutions include:
- KYC/AML-compliant walled garden
- Access to global markets
- Passportable DID
- Lower costs of compliance and onboarding
Final Word
This guide explored the world of crypto RWA coins, highlighting some with massive potential, especially following the recent Bitcoin halving. Do thorough research and technical analysis before choosing your entry position for any of those coins.
