Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Top 4 Mid-Cap Real-World Assets Ready to Surge with BTC at $72K+

CoineditionCoinedition2024/04/08 20:19
By:Abdulkarim Abdulwahab
  • Ben Armstrong identifies ONDO, Pendle, GFI, and RIO among RWA tokens with the potential to explode.
  • GFI trades at $4.55, surging by more than 270% in the last four weeks. 
  • In Q1, investors witnessed an average gain of 285% in the RWA token space.

Bitcoin (BTC) has reignited optimism in the market as it has moved dramatically within the last 24 hours to reclaim the $72K threshold. While Bitcoin opens the bull market doors, experts have argued that certain narratives in the crypto sphere, like Real-World Asset (RWA) tokens, are poised to be more profitable for investors.

In a recent post on X, well-known market analyst, Ben Armstrong, declared that RWA is the future, asserting that the narrative would offer investors more easy gains than others. Armstrong singled out four mid-cap tokens in this space that are worth considering. They include Ondo Finance (ONDO), Pendle, Goldfinch (GFI), and Realio Network (RIO).

RWAs are the future. Period. Want to make free money?

Invest in $ONDO , $GFI , $PENDLE , $RIO for easy gains.

Remember these words: "Tokenized Economy". You are going to hear it more and more as everything moves to blockchain.

— Ben Armstrong aka BitBoy Crypto (@BenArmstrongsX) April 4, 2024

Notably, Ondo Finance provides top-tier investment products utilizing blockchain technology for institutional clients. The native token, ONDO, was launched for trading in January and has achieved a market cap of $1.15 billion. Currently, ONDO is trading at $0.8324, with a 33% gain over the past month.

Likewise, Goldfinch (GFI) operates as a global credit protocol, offering stablecoin returns derived from sustainable real-world economic endeavors. Goldfinch’s token is currently valued at $4.55, surging by more than 270% in the last four weeks. GFI boasts a market cap of $133 million

Also, Realio Network (RIO) and Pendle operate tokenization platforms, providing similar services to investors. Over the last month, PENDLE and RIO tokens have grown remarkably, surging by over 100%. 

These upward trajectories observed for the four tokens reflect the optimism on Real World Asset tokens. Recent reports reveal that RWA tokens were the second most lucrative crypto narrative in the first quarter of 2024. Investors have witnessed an average gain of 285%. 

Additionally, a report from the Boston Consulting Group forecasts that the tokenized asset market will soar to $16 trillion by 2030 . This projection continues to bolster optimistic sentiments among industry experts regarding tokens providing solutions within the sector.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Solana Price Poised for Massive Breakout – $233 in Sight as Breakpoint Nears

The upcoming Breakpoint event could serve as a catalyst to a potential surge, targeting $233.

CryptoNews2024/09/07 02:57

‌Spot copy trading

More
AIOnline
AIOnline
insight1000/1000
11318.51%
ROI
Total profit $57724.41
HappyPlanets
HappyPlanets
insight500/500
18780.56%
ROI
Total profit $37561.09

Bot copy trading

More
TopTrader85
TopTrader85
insight150/150
$13284.03
Total profit
Total subscriber profits $137.16
GridOnly
GridOnly
insight150/150
$9015.2
Total profit
Total subscriber profits $107.17