๐ 5 Real World Assets (RWA) Altcoins to Trade in September 2024 ๐
$MKR $AXL $PENDLE ๐โคด๏ธ๐ช
The Real World Assets (RWA) sector has been gaining traction, offering a unique opportunity for investors to diversify their portfolios. Here are five RWA altcoins to consider trading in September 2024:
1๏ธโฃ _Maker (MKR)_ ๐: As the governance token of the MakerDAO project ๐ค, MKR has seen significant developments and a surge in network activity ๐ on the Maker Protocol. This increased adoption and usage could drive up demand for MKR.
2๏ธโฃ _Ondo (ONDO)_ ๐: Despite a decline in price ๐, ONDO presents a rare buying opportunity ๐. As a flagship altcoin in the RWA ecosystem ๐, ONDO has potential for growth and recovery.
3๏ธโฃ _Pendle (PENDLE)_ ๐: Pendle's token enables trading and tokenization of future yields ๐, making it an attractive option for investors seeking exposure to DeFi and yield farming. With daily token unlocks ๐, PENDLE's supply is increasing, which could impact its price.
4๏ธโฃ _Mantra (OM)_ ๐ฅ: As the native token of the "security-first" RWA Layer-1 blockchain ๐ Mantra, OM has seen a staggering 4,900% increase ๐ over the last 365 days. This impressive growth could continue, driven by Mantra's focus on security and adoption.
5๏ธโฃ _Axelar (AXL)_ ๐: Axelar's token facilitates cross-chain communication ๐ฑ for large-scale enterprises, making it an attractive option for investors seeking exposure to interoperability and scalability. With a 13.5% gain ๐ over the last seven days, AXL is showing promising momentum.
Remember to always do your own research and consider market trends before making any trading decisions ๐.