Crypto investing has caught the world’s attention in recent years, with the potential for incredible returns for those who hit the mark. Amidst the thousands of altcoins in circulation, there is a group of coins known as RWA (Real World Asset) altcoins that offer very promising investment opportunities.
2024 is predicted to be an exciting year for altcoin RWA, with projected profits of up to 10 times for astute investors.
What is Altcoin RWA?
Altcoin RWA is an alternative cryptocurrency designed to represent real-world assets, such as real estate, precious metals, or even works of art. Unlike other altcoins that only focus on price speculation, RWA Altcoin offers more real value and is backed by verifiable assets.
This is what makes RWA altcoins a focus for investors in 2024, because they are considered more stable and have the potential for significant growth.
Why 10x profits in 2024?
The crypto investment market is red hot these days, with many altcoins having the potential to explode and providing incredible profits for timely investors. 2024 is predicted to be an exciting year for altcoin RWA, with several factors supporting the 10x profit prediction.
Firstly, blockchain adoption by financial institutions and large corporations is expected to continue to increase, driving demand for RWA altcoins. Second, clearer and friendlier regulations for digital assets are also expected to attract more institutional investors.
Lastly, the potential use of the RWA altcoin in real-world applications, such as real estate financing and commodities trading, will further strengthen its value.
Choosing the Right RWA Altcoin
When choosing an RWA altcoin for investment, there are several factors to consider. First, investors need to assess the development team and the technology underlying the project.
Projects with experienced teams and solid technology will have a greater chance of success.
Second, the adoption potential and actual use of the RWA altcoin must also be evaluated. The more partnerships and integrations with real-world industries, the greater the growth potential of the altcoin.
Lastly, factors such as liquidity, trading volume, and support community also need to be considered.
List of 10 RWA Altcoins to Consider
1.Mantra (DAO)
Mantra is a decentralized ecosystem that aims to facilitate the tokenization and trading of real-world assets such as real estate, alternative investments, and agricultural commodities. With its community-based approach and decentralized governance, Mantra offers attractive investment opportunities.
Mantra DAO (OM) was rebranded to MANTRA on August 18, 2022, and has received support from various institutional investors such as Water Drip Capital, LD Capital, PLUTUS.VC, and Consensus Labs.
This ecosystem has also developed MANTRA Finance, a DeFi platform that offers staking, lending, and startups.
As reported by nutllc, the native token of this ecosystem is $OM, which has experienced significant growth in price and trading volume. $OM has seen an increase of 24% in 24 hours, 44% in a week, 136% in 30 days, and 580% in 90 days.
Mantra DAO offers a trusted, transparent, and secure DeFi platform with a management system that can be updated by users. The investment opportunities provided by Mantra DAO have attracted many users and investors who hope to benefit from the expected developments in this ecosystem.
2.Finance (ONDO)
Ondo Finance (ONDO) is a decentralized autonomous organization (DAO) that allows users to control economic parameters and smart contract improvements through forum discussions and on-chain voting using ONDO tokens.
ONDO is currently trading at USD 0.9294 and has shown a growth of 27.24% in the last day. The token also showed impressive performance over the past week, with a value surge of 89.6%.
The bullish sentiment for Ondo Finance in 2024 is driven by several factors, including the growth of the Real World Assets (RWA) sector, which experienced a significant increase due to the launch of the USD Institutional Digital Liquidity Fund (BUIDL) by BlackRock.
The move caught the attention of large investors seeking exponential returns, with ONDO, OM, and POLYX emerging as top picks for potential 100x returns by 2024.
Ondo Finance is also collaborating with Securitize, which may emphasize RWA tokens, complementing Ondo Finance’s core services. This collaboration sparked speculation, causing ONDO prices to increase.
According to technical analysis by crypto experts, the expected minimum and maximum prices of ONDO in 2026 are approximately 2.58 and 3.18, respectively, with an average estimated trading cost of 2.68. However, these predictions may change based on market conditions and other factors.
3.Polymesh (POLYX)
Polymesh (POLYX) is a custom blockchain designed for regulated assets, offering institutional solutions and addressing limitations that may hinder institutional acceptance of security tokens.
This token is currently trading at USD 0.6262 and has a market capitalization of USD 506.01 million. The bullish sentiment for Polymesh is driven by the growth of the Real World Assets (RWA) sector, which experienced a significant increase due to the launch of the USD Institutional Digital Liquidity Fund (BUIDL) by BlackRock.
The move caught the attention of large investors seeking exponential returns, with POLYX emerging as one of the top picks for potential 100x returns by 2024.
Polymesh collaborates with Securitize, which may emphasize RWA tokens, complementing Polymesh’s core services. This collaboration sparked speculation, causing POLYX’s price to rise.
According to technical analysis, the expected minimum and maximum prices of POLYX in 2026 are approximately 2.58 and 3.18, respectively, with an average estimated trading cost of 2.68. However, these predictions may change based on market conditions and other factors.
4. Centrifuge (CFG)
Centrifuge is a decentralized platform for supply chain finance, enabling the tokenization and trading of assets such as accounts receivable and invoices. With innovative solutions and partnerships with large enterprises, Centrifuge has the potential to change the way businesses manage their assets.
5.Maple Finance (MPL)
Maple Finance is a decentralized lending protocol focused on financing blockchain projects and crypto companies. With a unique approach and partnerships with leading companies, Maple Finance offers exciting investment opportunities in the crypto ecosystem.
6. LumiShare (LS)
LumiShare is a decentralized platform that enables the tokenization and trading of assets such as real estate, artwork, and commodities. With a focus on transparency and liquidity, LumiShare offers attractive investment opportunities in real assets.
7.Creditcoin (CTC)
Creditcoin is a decentralized platform for blockchain-based loans and credits. With its innovative approach and partnerships with financial institutions, Creditcoin has the potential to change the way people borrow and lend.
8.GoldFinch (GFI)
GoldFinch is a decentralized lending protocol focused on financing development projects in developing countries. With a unique approach and partnerships with development institutions, GoldFinch offers attractive investment opportunities while providing positive social impact.
9.LABS Group (LABS)
LABS Group is a decentralized ecosystem that enables the tokenization and trading of assets such as real estate, artwork, and crypto assets. With a focus on security and liquidity, LABS Group offers innovative investment solutions in real assets.
10.ORAI (ORAI)
ORAI is a decentralized protocol that enables tokenization and trading of assets such as real estate, alternative investments, and crypto assets. With its community-based approach and decentralized governance, ORAI offers attractive and transparent investment opportunities.
Investment Strategy and Risk Management
Although the RWA altcoin offers tremendous profit potential, investors should remain aware of the risks involved. Portfolio diversification and establishing a clear exit strategy are key to managing risk wisely. Investors should also always do in-depth research before investing and not be influenced by hype or temporary trends.
Conclusion
The year 2024 promises tempting investment opportunities for investors who are astute in choosing the right RWA altcoin. With potential returns of up to 10x, a solid RWA altcoin backed by real-world assets has the opportunity to deliver extraordinary returns.
However, as with all investments, in-depth research and a solid risk management strategy are the keys to success. So, start hunting for the right RWA altcoin and prepare yourself to make huge profits in 2024.
Are you interested in investing in Altcoin RWA?
If you are interested in acquiring RWA crypto assets such as Mantra DAO (OM) and Finance (ONDO), or even want to buy Bitcoin and other crypto assets, consider doing so through the Market Crypto platform at INDODAX.
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However, even though the potential for big profits is wide open, it is important to remember that crypto investments are very volatile, friends. Therefore, do DYOR (Do Your Own Research) and research in depth before making a decision. Please note that the previously mentioned crypto assets are not financial advisors for us.
Hopefully this information is useful, and don’t forget to read the latest crypto news at INDODAX Academy.
Author: iB & AL
