You are at: Home » Goldfinch Crypto Dips 12%: Is Now The Time to Buy GFI? And Don’t Miss These Other RWA Coins

Goldfinch Crypto Dips 12%: Is Now The Time to Buy GFI? And Don’t Miss These Other RWA Coins

Author
Last updated on:
Fact Checker's full profile
Fact Checker
Author's full profile

Goldfinch crypto (GFI) is falling but investors are looking at Ondo Finance, Realio, and Landshare RWA tokens besides Pepe Unchained

Goldfinch, a crypto lending platform built on Ethereum, is in a bad spot. Its native token, GFI, is down over 75% from its April high. Many investors are exploring other RWA tokens like Ondo Finance or Realio. 

The GFI situation is worsened by ongoing project-related issues that may lead to further selling pressure, adversely affecting holders.

Goldfinch Troubles

In just the past day, GFI has dropped more than 15% in 25 hours, and there is potential for even greater declines in the coming days.

This Goldfinch crypto downturn coincides with rising concerns about a high rate of loan defaults.

Lenders are increasingly worried that borrowers are not honoring their loan agreements, prompting some to pull out of the platform.

It goes from bad to worse.

Rising loan defaults, coupled with the free-falling GFI token, are straining relations between the platform’s founders and leaders. Recently, Goldfinch lost its risk management advisor, Ajay Gill, who came on board in June to address the alarming loan default rates.

There seems to be no progress in resolving the pressing loan default crisis.

Since its launch in 2021, Goldfinch has processed over $60 million in loans and aims to regain its position. To achieve this, they first need to find a new advisor now that Gill has departed.

3 RWA Tokens To Explore In October 2024

Even with Goldfinch’s crypto troubles, it is not to say there are no other opportunities to explore in the burgeoning real-world asset (RWA) market.

BlackRock is neck-dip in RWA, tokenizing United States Treasuries. Its CEO earlier said the sphere will eventually command over $1 trillion in market cap.

According to Coingecko, the RWA sector is up 5% to over $7.7 billion.

Investors can explore the following RWA tokenization projects, diversifying from the crashing GFI token:

  • ONDO Finance (ONDO): This is the second-largest RWA platform with a market cap of over $7.7 billion. It seeks to tokenize financial instruments like treasuries, bringing them on-chain. While it rides on the decentralization of Ethereum, all tokenized assets comply with existing securities law. Ondo Finance might be down 14% in the past week but up 742% from all-time lows of $0.082.
  • Landshare (LAND): Landshare is focused on real-estate tokenization while complying with existing laws. Through tokenization, investors gain access to real estate, regardless of location. LAND is the native utility and governance token, priming the Landshare ecosystem. The token is up nearly 3X since sinking to all-time lows in October 2023.
  • Realio (RIO): Realio is a software-as-a-service platform for tokenizing real-world assets. Integrating the blockchain makes it more transparent, reliable, and secure. RIO is the main currency. It is up 51X since launching two years ago in October 2022.

Pepe Unchained: RWA Investors Diversifying With PEPU

The value proposition of RWA tokens could mean decent ROI for investors in the long term.

Those who want to see this now can choose Pepe Unchained, a meme coin project with a twist.

With over $22.9 million raised, investors are pouring in, searching for gems—and PEPU is proving to be one.

Goldfinch crypto (GFI) is falling but investors are looking at Ondo Finance, Realio, and Landshare RWA tokens besides Pepe Unchained

Can it be the next better version of SHIB or PEPE?

Pepe Unchained wants to build an Ethereum layer-2 for meme coins. The platform, Pepe Chain, will offer a solution for developers and traders seeking a scalable and low-fee environment without losing the security of Ethereum.

Pepe Unchained will be compatible with Ethereum, feature a dedicated block explorer, and include a decentralized exchange (DEX).

On launch, the “Frens with benefit” program will boost platform activity and attract developers.

PEPU, the native token, is trading for just $0.01179. On launch, it could easily 100X, outperforming all RWA tokens, including ONDO and GFI.

Visit Pepe Unchained

Explore: Tonchain Daily Active Users Fall 80% To 1 Million: Will Prices Follow?

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. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Dalmas is an experienced journalist with over a decade in crypto, technology, and blockchain. His work and that of his partners have been featured in top news outlets, including Forbes, investing.com, and Entrepreneur, among others. He is passionate about crypto and is always on the lookout for the latest trends in these fields. Connect with Dalmas on X @Dalmas_Ngetich

View all Posts by Dalmas Ngetich

Free Bitcoin Crash Course

Learn everything you need to know about Bitcoin in just 7 days. Daily videos sent straight to your inbox.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
We hate spam as much as you do. You can unsubscribe with one click.
We hate spam as much as you do. You can unsubscribe with one click.
Scroll to Top