Crypto:
30601
Bitcoin:
$58.506
% 2.04
BTC Dominance:
%53.3
% 0.09
Market Cap:
$2.13 T
% 0.20
Fear & Greed:
25 / 100
Bitcoin:
$ 58.506
BTC Dominance:
% 53.3
Market Cap:
$2.13 T

Top 3 RWA Tokens Whales Are Betting On for 100x Gains in 2024

Rwa Tokens

The Real-World Asset (RWA) sector is heating up, fueled by BlackRock’s entrance with their BUIDL fund. This trend sees major investors, often called “whales,” accumulating specific RWA tokens in hopes of massive returns. Here are the top 3 RWA tokens whales are buying for potential 100x gains in 2024

Top 3 RWA Tokens Whales Are Buying For 100X Profit In 2024

1. Ondo Finance (ONDO)

Ondo (ONDO) is governed by stakeholders who steer the Ondo DAO’s mission to democratize elite financial solutions. The DAO empowers ONDO holders with unique privileges related to Flux Finance, overseen by the Ondo DAO. With BlackRock entering the realm of RWA tokenization, attention is focused on Ondo Finance.

The flagship cryptocurrency of Ondo Finance, ONDO, has experienced a significant surge, witnessing a 90% increase in value within a month. This rapid growth has expanded ONDO’s market presence, with its market cap doubling recently. Notably, large investors, often referred to as whales, have demonstrated strong interest in ONDO by moving substantial quantities of the token off exchanges. This trend reflects growing confidence in tokens backed by real-world assets.

Currently, ONDO is priced at $0.8561, experiencing a slight dip of 7.46%. Ranked 90 on CoinMarketCap, ONDO boasts a live market cap of $1.2 billion. With bullish momentum continuing, there’s anticipation of ONDO reaching new heights in 2024.

2. MANTRA (OM)

MANTRA (OM) is a pioneering Security RWA Layer 1 Blockchain designed for seamless integration and compliance with existing regulatory frameworks. Targeting both institutions and developers, MANTRA provides a permissionless infrastructure supporting permissioned applications effortlessly.

MANTRA recently launched its Hongbai Testnet, aiming to innovatively merge DeFi with traditional finance. By leveraging the Cosmos SDK and IBC protocol, MANTRA ensures compatibility across different blockchains, targeting the vast $16 trillion RWA market and redefining asset interaction in the financial sector.

READ:  Best Real World Assets (RWA) Tokens to Invest in 2024

3. Florence Finance (FFM)

Florence Finance (FFM), ranking third on the list, is a newcomer that is yet to be listed on tier 1 or 2 CEXes, presenting a narrative for potential growth. Led by Chiel Ruiter, a former Managing Director at Goldman Sachs and UBS, and Leo Greve, with extensive experience at ING Bank and Citigroup, Florence Finance aims to democratize access to the RWA ecosystem for both large and small crypto investors.

Integrating with stablecoins like USDC, EURS, and EURA issued by Circle, STASIS, and Angle Protocol enhances transparency and stability, leveraging Stasis & Angle’s prominence in the Euro stablecoin market.

In conclusion, the anticipation surrounding RWA tokens like ONDO, OM, and Florence Finance (FFM) is driven by their potential for significant returns. As whales accumulate these tokens, the outlook for their market performance in 2024 remains optimistic, underscoring the dynamic nature of the cryptocurrency market.


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