Ondo

2024

Polymesh

MANTRA

The Real-World Asset (RWA) sector translates tangible assets into digital formats, allowing for blockchain-based investment, trade, or use as collateral. The RWA sector is experiencing a significant boost, particularly with <a href="https://coingape.com/how-blackrocks-launch-of-a-yield-bearing-stablecoin-on-ethereum-is-a-game-changer/">BlackRock’s</a> introduction of the USD Institutional Digital Liquidity Fund (BUIDL).&nbsp; 
This move has spotlighted RWA projects, attracting attention from major investors looking for exponential returns. Among these, tokens like ONDO, OM, and POLYX are emerging as the top picks for those eyeing a potential 100-fold gain in 2024. 
<h2 id="strong-1-ondo-ondo-strong">1. Ondo (ONDO)</h2> 
Ondo (ONDO) stakeholders are pivotal in directing the Ondo DAO’s journey, ensuring its core objective to make elite financial solutions widely available remains intact. The DAO empowers ONDO proprietors with distinct privileges concerning Flux Finance, overseen by the Ondo DAO. As BlackRock ventures into the realm of tokenizing Real World Assets (RWAs), the spotlight is on Ondo Finance. 
<figure id="attachment_188247" aria-describedby="caption-attachment-188247" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-188247" src="https://coingape.com/wp-content/uploads/2024/03/Ondo-price-chart.png" alt="Top 3 RWA Tokens Whales Are Buying For 100X Profit In 2024" width="709" height="546" srcset="https://coingape.com/wp-content/uploads/2024/03/Ondo-price-chart.png 709w, https://coingape.com/wp-content/uploads/2024/03/Ondo-price-chart-300x231.png 300w, https://coingape.com/wp-content/uploads/2024/03/Ondo-price-chart-150x116.png 150w" sizes="(max-width: 709px) 100vw, 709px">
 <figcaption id="caption-attachment-188247" class="wp-caption-text">
 Ondo price chart
 </figcaption>
</figure> 
The flagship cryptocurrency of Ondo Finance, ONDO, has witnessed a remarkable surge, elevating its value by 90% within just a month. This rapid ascent has seen ONDO’s market presence expand, with its size doubling recently. Significant investors, often termed whales, have shown a keen interest in <a href="https://coingape.com/ondo-finance-ondo-price-shoots-40-amid-rwa-tokenization-and-whale-activity/">ONDO</a> by transferring large quantities of the token away from exchanges. This trend indicates a growing confidence in the potential of tokens tied to tangible assets. 
Currently, the price of ONDO stands at $0.8561, experiencing a minor dip of 7.46%. Positioned at 90 on <a rel="nofollow" href="https://coinmarketcap.com/currencies/ondo-finance/">CoinMarketCap</a>, ONDO boasts a live market capitalization of $1.2 billion. With the bullish momentum continuing to build, there’s anticipation that ONDO’s value could reach new heights in 2024. 
<h2 id="strong-2-mantra-om-strong">2. MANTRA (OM)</h2> 
MANTRA (OM), a pioneering Security RWA Layer 1 Blockchain, is engineered for seamless integration and compliance with existing regulatory frameworks. This platform is crafted with both institutions and developers in mind, providing a permissionless infrastructure that supports permissioned applications with ease. 
MANTRA recently <a rel="nofollow" href="https://twitter.com/MANTRA_Chain/status/1769707772113735909?ref_src=twsrc%5Etfw">launched</a> its Hongbai Testnet, aiming to fuse DeFi with traditional finance innovatively. By adopting the Cosmos SDK and IBC protocol, MANTRA ensures compatibility across different blockchains. This strategic step targets the vast $16 trillion RWA market, promising to redefine asset interaction within the financial sector. 
<figure id="attachment_188248" aria-describedby="caption-attachment-188248" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-188248" src="https://coingape.com/wp-content/uploads/2024/03/MANTRA-price-chart.png" alt="Top 3 RWA Tokens Whales Are Buying For 100X Profit In 2024" width="709" height="475" srcset="https://coingape.com/wp-content/uploads/2024/03/MANTRA-price-chart.png 709w, https://coingape.com/wp-content/uploads/2024/03/MANTRA-price-chart-300x201.png 300w, https://coingape.com/wp-content/uploads/2024/03/MANTRA-price-chart-150x100.png 150w, https://coingape.com/wp-content/uploads/2024/03/MANTRA-price-chart-272x182.png 272w" sizes="(max-width: 709px) 100vw, 709px">
 <figcaption id="caption-attachment-188248" class="wp-caption-text">
 MANTRA price chart
 </figcaption>
</figure> 
The value of <a rel="nofollow" href="https://coinmarketcap.com/currencies/mantra/">MANTRA</a> presently stands at $0.816, witnessing a notable 24-hour increase of 13.07% and a remarkable monthly upsurge of 281%. This trend signifies a potent bullish momentum in the market. Currently, it holds the 136th position on CoinMarketCap, boasting a market capitalization of $648 million. 
<h2 id="strong-3-polymesh-polyx-strong">3. Polymesh (POLYX)</h2> 
Polymesh (POLYX), a blockchain tailored for regulated asset transactions, is seeing a notable rise following BlackRock’s venture into the tokenized asset market. The platform, dedicated to institutional use and governed by its native token <a href="https://coingape.com/polymesh-polyx-price-jumps-150-in-three-days-as-blackrock-eyes-tokenization/">POLYX</a>, enables users to partake in network security through staking, cover transaction costs, and contribute to governance decisions. 
The introduction of BlackRock into the tokenized asset on <a href="https://coingape.com/how-blackrocks-launch-of-a-yield-bearing-stablecoin-on-ethereum-is-a-game-changer/">Ethereum</a> has sparked considerable interest in Polymesh, catapulting its value by 146% in just a week. This surge underscores a growing enthusiasm for crypto tokens associated with the regulated asset sector, hinting at a potential climb beyond the $0.57 mark. 
<figure id="attachment_188251" aria-describedby="caption-attachment-188251" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-188251" src="https://coingape.com/wp-content/uploads/2024/03/Polymesh-price-chart.png" alt="Top 3 RWA Tokens Whales Are Buying For 100X Profit In 2024" width="712" height="464" srcset="https://coingape.com/wp-content/uploads/2024/03/Polymesh-price-chart.png 712w, https://coingape.com/wp-content/uploads/2024/03/Polymesh-price-chart-300x196.png 300w, https://coingape.com/wp-content/uploads/2024/03/Polymesh-price-chart-150x98.png 150w" sizes="(max-width: 712px) 100vw, 712px">
 <figcaption id="caption-attachment-188251" class="wp-caption-text">
 Polymesh price chart
 </figcaption>
</figure> 
Currently, <a rel="nofollow" href="https://coinmarketcap.com/currencies/polymesh/">Polymesh</a> stands at $0.5755, although it has seen a dip of over 10% in the last day. Its position on CoinMarketCap is 171, boasting a market capitalization of $486 million. This dynamic reflects the volatile nature of the crypto market, even as it draws increased investment and attention from major financial entities. 
<h2 id="strong-bottom-line-strong">Bottom Line</h2> 
The excitement surrounding Real World Asset (RWA) tokens such as ONDO, OM, and POLYX stems from their potential for significant returns. As large investors accumulate these tokens, the anticipation for their market performance in 2024 intensifies, highlighting the cryptocurrency market’s ever-changing nature. 
The post <a href="https://coingape.com/markets/top-3-rwa-tokens-whales-are-buying-for-100x-profit-in-2024/">Top 3 RWA Tokens Whales Are Buying For 100X Profit In 2024</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

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

Table of Contents

Coingape News Media

Other articles published on Mar 27, 2024

Polygon Falls More Than 3% In 24 hours

Spotlight on Ethereum ETFs Following Bitcoin ETF Developments

Crypto Gains Dogecoin20 Presale Review – Last Chance to Buy Before $DOGE20 Claim and Launch

Katena Triumphs Over Coinmint in $150M Mining Machine Dispute

New VR crypto 5th Scape raises $2.5M as traders back it to see significant gains

Silk Road founder celebrates 40th birthday in prison today

Join our free newsletter for daily crypto updates!