- TrueFi (TRU): Innovative protocol offering high APRs for liquidity providers, powered by TrustTokens (TRU).
- Ondo (ONDO): Experienced a significant price surge, driven by market recovery and increased network growth.
- Dusk Network (DUSK): Provides a Layer-1 blockchain solution for trading real-world assets securely and compliantly.
In the fast-paced world of crypto, dramatic cost vacillations are as often as possible the essential emphasis. One case is the brilliant rise within the cost of the Real-World Assets (RWA) token. There are 4 RWA cryptos that will experience price increases in May 2024.
TrueFi (TRU)
TrueFi (TRU) will become one of the top RWA tokens in May 2024 with a significant price increase. TRU price skyrocketed 112.9% within 1 month. TRU’s price reached $0.2285 all through the last 24 hours. TrueFi’s market capitalization is right now over $183 million, with exchanging volume coming to $77 million, speaking to a 302% pick up within the last 24 hours.
In a nutshell, TrueFi is a protocol for establishing interest-bearing pools with tall APRs for liquidity suppliers. TrueFi joins utility and reward instruments based on TrustTokens (TRU), fulfilling players for maintaining a consistent and tall APR.
Ondo (ONDO)
On May 29 2024, the price of Ondo (ONDO) jumped quite significantly, namely 65.4% in the last 30 days. ONDO is right now estimated at $1.25. At the time of composing, Ondo’s market capitalization is almost $1.6 billion, with exchanging volume coming to $243 million, speaking to a 0.3% pick up within the past 24 hours.
Mid-May saw a broader market recuperation and more forceful buying, provoked by the US SEC’s approval of a spot ETH ETF. This shift in market sentiment is driving ONDO’s momentum. Additionally, cryptocurrency analytics firm Santiment highlighted significant network growth and increased trader activity as key factors behind ONDO’s recent surge.
Dusk Network (DUSK)
With a price increase of 30.6% in the last 1 month, Dusk Network (DUSK) became one of the top RWA tokens in May 2024. At the time of writing DUSK touched a price of $0.4212. Dusk Network’s market capitalization is presently $171 million, with exchanging action averaging at $17 million over the past 24 hours.
Dusk, founded in 2018, could be a Layer-1 blockchain that gives regulation levels of protection and compliance, permitting anybody to exchange real-world assets (RWA) directly from their wallet. Built for regulated and decentralized back, Dusk guarantees to convert the financial environment by permitting controlled assets to be brought on-chain.
Clearpool (CPOOL)
The price of Clearpool (CPOOL) was recorded to have increased by 21.3% in the last 1 month. CPOOL is now valued at $0.1995. At the time of composing, Clearpool’s market capitalization was around $93 million, with trading volume coming to $2.4 million, up 59% within the past 24 hours.
Hex Trust Group, a digital asset custodian with billions of assets, fair made the first native stablecoin on the Flare blockchain. Flare’s stablecoin, dubbed USDX, maintains a 1:1 peg to the US dollar and will launch alongside a dedicated Clearpool vault, offering holders the opportunity to earn real-world returns.
TRU, ONDO, DUSK, and CPOOL are poised for growth in the crypto industry. Their innovative protocols and strong market performances position them as key players in real-world asset tokens. As the crypto market matures, these tokens will likely shape the future of decentralized finance, offering new opportunities for investors.
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The post Unlocking Wealth: Dive into the Top 4 Real World Assets (RWA) Tokens of May 2024 – TRU, ONDO, DUSK, and CPOOL appeared first on Crypto News Land.
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