Bittime - Tokens with the RWA (Real Assets World) narrative are still familiar among crypto traders until April 2024. Their existence is still sought after and makes them sell well in the crypto market.
For this reason, it is important to know which tokens with RWA narratives will boom in April 2024, check out the full details in this article.
Ondo ($ONDO)
Real-world Assets (RWA) is attracting the attention of many people. RWA represents physical assets such as property, objects, and more, and is connected to the blockchain through smart contracts.
RWA's market capitalization has now reached over $8.6 billion, with Ondo (ONDO) being the largest RWA token.
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Ondo Finance and $ONDO Token
ONDO is the governance token of Ondo Finance, a crypto company focused on tokenizing assets such as bonds and US Treasuries on the blockchain.
$ONDO Price Performance
ONDO price peaked at $1.05 on March 31 (according to CoinGecko). Currently, ONDO is trading around $0.82 following a broader market correction. Despite this, ONDO still shows an increase of 60% in the last month.
Also read: Tether (USDT) Passes SOC 2 Type 1 Security Audit, Proving Commitment to Security and Trust
XDC Network ($XDC)
Quoted from Cryptopotato, this asset is in second place in this segment with a market capitalization of $630 million, almost half of ONDO.
XDC Network, as an open source blockchain, offers an ideal solution for real-world decentralized finance with a primary focus on tokenization.
$XCDC Token Performance
In August 2021, the token price reached its highest value of $0.18. However, the crypto market experienced a long downtrend in 2022-2023, and the value of XDC experienced a drastic decline.
In the summer of last year, the token price began to show recovery. Currently, the value of XDC is around $0.04, indicating a decline of 3% in the past month.
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Polymesh ($POLIX)
Polimesh's market cap ($POLIX) is millions of dollars shy of XDC. Interestingly, POLIX price shows a consistent upward trend, even peaking at $0.74 recently.
In the last 30 days, this coin has shown brilliant performance with an increase in value reaching 140%.
Polymesh is an innovative blockchain platform specifically designed to facilitate the management of regulated assets.
The platform is often referred to as the Ethereum for security tokens due to its focus on regulatory compliant issuance, trading, and management of security tokens.
Mantra ($OM)
Mantra ($OM) occupies the fourth position as the largest RWA crypto asset with a market capitalization of $530 million, recently becoming a highlight in the crypto world.
Last month, the price of OM reached its all-time high above $0.80 after previously remaining below $0.10 between April 2022 and February 2024. In the past year, OM has experienced a fantastic surge of up to 1,800%.
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Pendle ($PENDLE)
Pendle ($PENDLE) has become one of the crypto assets that has attracted attention in recent times. The price showed a rapid rise, reaching its highest point (ATH) of $5.74 before dropping to the current $5 level.
In October 2023, the price of PENDLE will still be at $0.60. Within a period of six months, this asset experienced a significant price increase, reaching 730%. This increase is certainly an attraction for crypto investors and traders.
Pendle is a decentralized finance (DeFi) protocol that offers innovative solutions for managing the yield of crypto assets.
Users can break yield into two components: yield and principal. This gives users greater flexibility and control in managing their assets.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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