The next bull run is close, and this may be your chance to attain generational wealth. In the last three bull runs, 2013, 2017, and 2021, we had monumental gains. Every cycle presented us with a 2-3-year accumulation phase prior to the peak. This means that this is the time to position narratives that have high potential, and one such narrative is the real-world asset (RWA) crypto.
We look at the 5 top RWA cryptos that have the potential to make you a millionaire in the coming bull run.
Why Real-World Assets?
Asset tokenization has become a top trend in the crypto space over the years. RWA constitutes the process of utilizing distributed ledger technology (DLT), like blockchain, to track physical and intangible assets. The performance and valuation of these tokens are, however, derived from sources outside the blockchain.
As such, RWA encompasses a representation of assets that are not inherently native to the blockchain.
They are seen as a massive front since they have the potential to disrupt the current financial infrastructure. This may lead to the creation of a more efficient system. Based on predictions by a Boston Consulting Group report, the market for tokenized assets could mushroom to $16 trillion by 2030.
5 Top RWA-Based Crypto To Look At
Overall, the outlook for RWAs is promising. However, there are tokens in the narrative that are making names for themselves, which prompts the idea of them amassing big volumes in the next bull run.
1. Realio Network ($RIO)
Realio encompasses a peer-to-peer exchange platform utilizing a customized distributed network that carries out the issuance and financing of digital assets. Case in point, the Realio Network constitutes a multi-layer solution that seeks to ensure that regulations as well as decentralization coexist. It does this by offering Layer-2 issue controls in a flexible protocol.
RIO is the utility token of the Realio Network and platform. RIO is used to pay for the creation of projects and the issuance of tokens. In various instances, the token is also used as the network’s native gas.
In the past month, the token’s price grew from $0.2 to over $0.8, which signified a 515% rise. It currently stands at $0.71, which means that the token could still grow.
2. Centrifuge ($CFG)
The native token of the platform is the Centrifuge token (CFG). The token ensures the security of the platform and gives users transaction fees. CFG allows one to participate in the network’s governance and stake assets.
CFG has its price at $0.6978 and a market cap of around $251.34 million, which is an indication that it has massive potential for growth. Therefore, it makes up an option for a long-term investment.
3. Chromia ($CHR)
In the crypto space, Chromia has been known to many as a blockchain platform that paves the way for people to create dApps in the real world. It operates as a private, public, or hybrid blockchain, allowing developers to utilize its tools to create a range of applications.
CHR is the native token of the Chromia platform. The token powers the network and links users, developers, and investors in a mutually beneficial relationship.
The network has already collaborated with various partners in bridging the gap between digital and real-world assets, including Immotokens and Fund.me.
They are ready to play a key role in onboarding traditional assets to the blockchain.
$CHR stands at $0.1322, with a market cap of around $101.426 million, which signifies room for potential gain.
4. Clearpool (CPOOL)
Clearpool constitutes a decentralized lending protocol providing institutions access to a decentralized network of lenders while ensuring the issuance of uncollateralized loans. It combines some tenets of TradFi and DeFi to enable financial institutions and market makers to have access to the efficient liquidity in DeFi protocols, which increases capital efficiency.
CPOOL acts as the platform’s utility token as well as its governance token.
In the Clearpool platform, you not only have the potential for long-term gains but also can earn attractive yields. One can earn pool interest rates that are made possible by the additional LP rewards paid in CPOOL.
With the current price at $0.0528, signifying an 18.26% increase in the last 24 hours, CPOOL may be one of the tokens you need in your portfolio. With a market cap of $23.92, it shows that the token has what it takes to rise in price, making you have massive gains in the long run.
5. Credefi ($CREDI)
Credefi makes up an innovative mix of DeFi protocol and FinTech solution that connects crypto lenders of stablecoins and SME borrowers.
As a DeFi lender of an SME borrower, you may have encountered some limits in the market. Such, in one way or another, may have included high-interest rates, inconsistent DeFi yield, and the lack of lenders needed to meet SME borrowing demand.
With the Credefi platform, you can now interact with decentralized, secure lending.
The token is currently trading at $0.00642, which is an 8.42% decrease in the last 24 hours. With its market cap at $3.84 million, this could be an early opportunity to invest in the project.
Asset tokenization continues to gain much traction within the cryptocurrency space. The RWA narrative aims to address inefficiencies, lack of transparency, and fragmentation in traditional financial systems.
The space is in its incubate state, which could signal a potential for growth in the next bull run. However, before you invest, do your research.