Altcoins
5 Real Asset Altcoins to Invest In July Amid Market Volatility
THE Real World Assets (RWA) connects cryptocurrencies to physical and intellectual property such as gold and real estate. Despite the current market volatility, this niche maintains a market cap of $6.21 billion, a slight decrease of 5.2% over the past day. Investors looking for stable opportunities in July should consider Pendle (PENDLE), MANTRA (OM), Ondo (ONDO), and XDC Network (XDC).
1. Pendle (PENDLE)
Pendle (PENDLE), a pioneering platform, facilitates the tokenization and trading of potential returns through a unique automated market maker, tailored to time-based assets. This innovation provides investors with increased flexibility and strategic opportunities regarding future returns.
Pendle Price Chart
As of today, Pendle’s price stands at $3.49, with trading activity in the last 24 hours reaching $84 million. Currently, Pendulum has fallen by 6.52% since yesterday. Positioned at 102nd place in the CoinMarketCap ranking, its market capitalization reached $543 million. The broader cryptocurrency market has been in a phase of consolidation this week.
The move follows a recent economic downturn, stabilising a volatile market. Over the past year, Pendle has seen an impressive increase in value of over 250%, making it a valuable asset in a context of continued market fluctuations.
2. MANTRA (OM)
MANTRA (OM), an innovative RWA Layer 1 security blockchain, is designed for effortless integration and compliance with existing regulatory frameworks. Targeted at institutions and developers, it offers a permissionless infrastructure that effortlessly scales to permissioned applications.
The current price of MANTRA is $0.9086, which represents a daily increase of 4% and a weekly increase of 14%, indicating strong bullish momentum in the market. Positioned 77th on CoinMarketCap, MANTRA Price claims a market capitalization of $752 million.
3. Ondo (ONDO)
Ondo (ONDO) continues to shape the trajectory of the Ondo DAO, consistently aligning with its mission to democratize leading financial services. This organization grants ONDO token holders specific benefits in their relationships with Flux Finance, which the Ondo DAO manages. As BlackRock explores the tokenization of real-world assets (RWA), attention turns to Ondo Finance.
Ondo Finance’s primary cryptocurrency has seen an impressive 467% increase in value over the past year. This growth has significantly strengthened ONDO’s presence in the market, now reflecting a doubling in size. The movement of substantial amounts of the token off exchanges by major investors, often referred to as whales, suggests a strong belief in the potential of asset-backed tokens.
ONDO is trading at $0.9174, down slightly by 1% following recent market fluctuations. Ranked 57th out of CoinMarketCapONDO’s current market capitalization is $1.2 billion. With market enthusiasm remaining strong, projections indicate that ONDO could reach new highs in July, positioning it as a top real asset altcoin for investment amid continued market volatility.
4. XDC Network (XDC)
XDC Network (XDC) integrates a hybrid blockchain system, combining the openness of public networks with the efficiency of private networks. It is designed to improve financial services through advanced blockchain technology and robust infrastructure. The network enables fast transactions while ensuring interoperability and enhanced security through its unique XDPoS consensus protocol.
XDC Price Table
The price of XDC has dropped 1% to $0.00286 over the past 24 hours. Despite this slight decline, XDC Network’s solid structure makes it a top choice for investing in real-world asset (RWA) cryptocurrencies. It ranks 126th on CoinMarketCap, with a market cap of $427 million. This positioning underlines its stability and potential in a volatile market.
Conclusion
In light of current market volatility, RWA Tokens such as Pendle, MANTRA, Ondo and XDC Network represent attractive investment alternatives. Their link to tangible assets offers stability and potential growth.
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Frequently Asked Questions (FAQ)
RWAs are tangible and intangible physical assets such as real estate and stocks, digitized as blockchain tokens.
RWAs are physical assets, while cryptocurrency values fluctuate based on market dynamics, such as scarcity and network size.
RWAs are divisible and fungible tokens tied to physical assets, unlike unique and indivisible NFTs.