Meme coin has emerged as the most profitable altcoin in 2024, with RWA coin following closely behind. According to CoinGecko, Meme coin has surged 1,300%, while RWA coin has surged 286%. In addition, AI-related projects have also performed well, increasing by 222%.
Despite the recent market downturn, which has particularly affected Meme coin, RWA coin has shown resilience. The analyst noted that while Meme coin has fallen by more than 177% in the past seven days, RWA coin has maintained a relatively stable position. Since RWA tokens are currently ranked low on CoinGecko, the analyst believes that there is a lot of room for growth in this area.
The analyst explained the essence of RWA coins: they tokenize real-world assets, allowing investors to obtain partial ownership of tangible assets. According to the analyst, this unique feature sets RWA coins apart and positions them for long-term success. While Meme coins have attracted market attention, RWA coins have greater potential in terms of usability and adoption. The analyst identified three RWA tokens as his top picks and discussed their strengths and growth potential
The first token mentioned is Emerald Company, which has seen significant gains since its inception and currently has a market cap of around $11 million. The analyst mentioned Emerald’s innovative approach to tokenizing emeralds, providing investors with a stake in a real-world asset.
The second pick is Propchain, a project focused on real estate tokenization and rental income distribution. The analyst is confident in Propchain’s long-term potential, citing its solid fundamentals and market positioning.
Finally, the analyst mentioned Soil as his third pick, noting its recent surge in value and bright prospects. With a market cap of around $70 million, Soil offers an attractive investment opportunity in the RWA space.
