After a market-wide slaughter, the crypto markets have staged an impressive comeback. Leading the charge are RWA crypto assets (real-world) Pendle and Ondo, the latter of which skyrocketed 30% in the past 24 hours before cooling off to a 6% dip.
This spike hints at a promising uptrend for RWA crypto projects.
As this trend continues to develop, here are three RWA tokens poised for growth.
Blackrock’s Continued Support for ONDO and RWA Crypto
On August 5, Blackrock, the asset manager pioneering investing in the RWA crypto sector, made waves by acquiring $5 million in ONDO tokens, following a previous $3.11 million buy. In less than a week, they’ve accumulated over $10 million in tokens, putting Ondo on serious notice.
This aggressive move dovetails with Blackrock’s push for instant settlements on Ondo Finance, enhancing ONDO’s appeal.
Additionally, Ondo boasted a 101% increase in active addresses last month, with new addresses and zero-balance wallets increasing by 44% and 70%, respectively.
The surge in user engagement is a bullish signal for ONDO’s future.
Currently trading at $0.6856, 99Bitcoin’s analysts predict that Ondo will break $1 by 2025.
신규 디지털 자산 펜들(PENDLE) 거래지원 안내
✅ 지원 마켓: KRW, BTC 마켓
📅 거래지원 개시 시점: 2024-08-06 18:00 예정🔗 공지 바로가기:https://t.co/9LqiRkILJF#Upbit #PENDLE pic.twitter.com/CULy2cSDKy
— Upbit Korea (@Official_Upbit) August 6, 2024
PENDLE from Pendle Finance also appreciated the boost that the RWA crypto sector received thanks to its fresh listing on South Korea’s Upbit exchange. PENDLE rocketed 36.5% to $2.76 now trading at $2.56.
PENDLE’s price leap, driven by the Upbit news, signals a rising appetite for RWA tokens, which are highly likely to be a top narrative in 2025.
Get Ready for 99BTC: The BRC-20 Token Everyone’s Talking About Launches Today
It’s over. It’s all over! 99BTC, the new star of the 99Bitcoins learn-to-earn platform, is launching tomorrow.
Pop the champagne, kiss a lady, get slapped by a lady, and celebrate! After a wildly successful presale that raised $2.6 million, this token is set to go live on various DEXes on August 8.
The $99BTC token claim goes live tomorrow, August 8th, at 10:00 AM UTC! 🚀
Simply connect your wallet to our website (https://t.co/9aJ5rE5LY3) and claim your tokens. It’s that simple. 🔥
Beware of fake pages. Always use official links to stay safe. ⚠️ #99Bitcoins #Crypto #BTC pic.twitter.com/A4zQAcZpTd
— 99Bitcoins (@99BitcoinsHQ) August 7, 2024
While not a traditional RWA crypto pick, 99BTC does have the real-world utility of paying you for learning on our platform.
If Bitcoin makes a comeback, 99BTC will go ballistic. What the token does is read users with our token for completing courses and participating in discussions the 99Bitcoins site. The token is also set to convert to a BRC-20 furthering our commitment to BTC DeFi.
Analysts like Jacob Bury on YouTube call 99BTC the top Bitcoin play, forecasting potential gains of up to 100X. You won’t want to miss this!
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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.
