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Real World Assets has emerged as one of the highest growth crypto verticals for the year ahead, in this article, deep-dive the best RWA projects in the space, and discover which RWA coins are set to blow in 2024.
Real World Assets (RWA) in crypto is the tokenization of tangible assets from the physical world, with ownership rights of assets shifting into token form on the blockchain.
Simply put, everything from real estate, commodities, and art is being tokenized, with leading financial institutions like BlackRock extending the opportunity to retail investors via decentralized and centralized exchanges.
ONDO is at the top of Coingecko’s RWA category, with a current market cap of $1.25Bn. Since its launch at the end of Jan 2024, it has seen an increase of just under +1,000%.
However, today, we deep-dive and look at 3 RWA projects with significantly lower market caps, offering much better risk-reward ratios than projects such as ONDO.
What Are The Best RWA Projects? Explore 3 Prime RWA Coin Investment Opportunities:
With the real world asset narrative already heating up ahead of the Bitcoin Halving event on April 20, the biggest opportunities in this promising vertical can be found in projects with minuscule market caps – that could enable investors to capture the biggest returns.
RWA Coin #3 – LandX (LNDX)
(LNDXUSDT)
LandX (LNDX) offers a very unique product within the RWA ecosystem whereby you can invest and trade tokenized farmland and agricultural commodities such as Corn, Soy, Wheat, and Rice.
This idea captures a niche but lucrative area of TradFi, and the project is bolstered by LNDX’s robust staking protocol, which enables users to stake their tokens to earn rewards.
March has seen LNDX with a +250% increase in price and this may be the best R:R ratio on this list as the market cap for LNDX currently sits at $14.5m, and with the project fairly early on in its development, analysts anticipate the price to continue in an upward trajectory as market participants continue to seek out massively undervalued RWA gems.
RWA Coin #2 – Clearpool (CPOOL)
Clearpool (CPOOL) is an extremely interesting project that has been around since the end of the last bull market, and even during those volatile testing times, the team has continued to build.
Their platform is focused on the borrowing and lending of digital assets, essentially tokenizing credit.
They have a TVL (Total Value Locked) of over $64m across their platform and all products (borrowing, lending, staking, etc). This is significant as CPOOL’s market cap sits at around $130m, meaning that just under half of the market cap value is locked up on the platform which is a tell-tale bullish signal.
March has been a great month for RWA projects and CPOOL saw an increase of over +140% in price, but one overlooked aspect of the CPOOL price action is that the chart still requires an increase of around +700% to touch the previous ATH from the 2021 bull run at $2.3.
As the team continues to build and deliver, and with the bull market starting to heat up, it wouldn’t be surprising to see CPOOL reach this previous ATH and blow past it into price exploration.
RWA Coin #1 – Grand Base (GB)
(GBUSDT)
Grand Base (GB) is a decentralized market for spot synthetic RWAs that allows users to gain exposure to RWAs without holding the actual underlying asset, with a focus on stocks and forex assets.
At the beginning of March, Grand Base migrated liquidity from Ethereum Mainnet to the extremely hot Base chain which aside from being the go-to chain right now, offers much lower fees, which is great for users of the platform.
The move from ETH to Base has been amazing for the project so far, seeing a +150% price increase since the migration.
This is only the beginning for GB as even with this price increase over the past month, the market cap for Grand Base sits at $47m which seems criminally undervalued when you dive deeper into their platform and what they’re building.
One final thing to consider with GB is that they are on a chain (Base) known for its meme coins, with a dearth of legit projects with genuine utility, making Grand Base a standout within the ecosystem. For this reason, I wouldn’t rule out a Coinbase listing for GB in the near future.
The Bottom Line: Don’t Sleep On RWA Crypto Narrative
As BlackRock tokenized $10Tn in assets on Ethereum, the rise of RWA coins is inevitable, with the tokenization of assets representing one of the biggest financial transitions of our lifetimes.
For this reason, smart money investors are placing big bets on the future of finance, and with the benefits of low market cap cryptocurrencies such as LANDX, CPOOL, and GB – the opportunity is open to everyone.
Explore 99Bitcoin’s RWA Coin List – We Do The Hard Work So You Don’t Have To:
- Best RWA Projects to Buy Now In 2024: Realio, Landshare, and 5th Scape
- Top RWA To Buy March 2024: As BlackRock Tokenize $10Tn In Digital Assets
- Supercharge Your Portfolio With Best RWA Tokens In 2024
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Check out Ureeqa. A super RWA project with a tiny market cap and room to grow