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Cryptocurrency News Articles
BlackRock's Move into RWA Signals Potential 100x Returns: Here Are the Top 8 Cryptocurrencies to Watch
Jun 11, 2024 at 11:30 pm
In one of his latest tweets, prominent crypto analyst Ardizor highlighted the growth potential of Real-World Asset (RWA) tokens, particularly those listed on Binance, following BlackRock's entry into the RWA space.
Prominent crypto analyst Ardizor recently highlighted the growth potential of Real-World Asset (RWA) tokens listed on Binance following BlackRock’s entry into the RWA space.
In one of his latest tweets, the analyst suggests that a $100 investment in the right RWA tokens could yield around $10,000 by 2025. Here are the top eight RWA tokens on Binance that could offer massive returns in the next bull cycle.
BlackRock’s entry into the RWA token space is significant as it could drive massive institutional capital into the crypto market. Recently, the world’s largest asset manager announced the launch of its first tokenized fund on the Ethereum blockchain with Coinbase as the key infrastructure provider.
The move is set to open up a new avenue for institutional investors to gain exposure to digital assets in a regulated and efficient manner. According to a report by Chainanalysis, the RWA market is currently valued at over $60 million, a minuscule fraction of the broader crypto market. However, by 2030, the RWA token market is projected to reach an astronomical $16 trillion.
As RWA tokens continue to gain steam, they are poised to receive a major influx of liquidity, potentially generating 10-50x returns for investors who select the right tokens. Here are some of the most promising bets.
8 Best RWA Tokens to 100x Your Crypto Portfolio on Binance
Each of these tokens has unique features, partnerships, and market metrics that position them as strong contenders in the RWA space.
1. BNB (BNB) – Binance Coin (Real-World Utility)
2. GMT (GMT) – STEPN (Move-to-Earn Fitness App Token)
3. GAL (GAL) – P2E Game Token (Play-to-Earn Gaming)
4. AXS (AXS) – Axie Infinity (P2E Game Token)
5. SAND (SAND) – The Sandbox (Metaverse Token)
6. MANA (MANA) – Decentraland (Metaverse Token)
7. IMX (IMX) – Immutable X (NFT Gaming Platform Token)
8. APE (APE) – ApeCoin (Bored Ape Yacht Club Token)
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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