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Cryptonews Podcast host Matt Zahab recently sat down for a chat with Graeme Moore, the Head of Tokenization at the Polymesh Association, a not-for-profit dedicated to the growth of the Polymesh blockchain ecosystem.
Two altcoins – Galxe (GAL) and PolyMesh (POLYX) – have defied the broader market consolidation today registering 8% gains each and daily trading volumes skyrocketing by 500%. Thanks to the recent listing of Galxe by South Korea's largest cryptocurrency exchange Upbit.
The Real-World Asset (RWA) sector translates tangible assets into digital formats, allowing for blockchain-based investment, trade, or use as collateral. The RWA sector is experiencing a significant boost, particularly with BlackRock's introduction of the USD Institutional Digital Liquidity Fund (BUIDL).
The cryptocurrency market experienced its first week of decline in some time, with the significant investments previously seen in Bitcoin exchange-traded funds (ETFs) reversing into withdrawals this week. The market trends have plunged the BTC price toward $60K, while altcoins continued to shine.
Polymesh's native cryptocurrency POLYX recently rallied a staggering 150% in the last three days amid BlackRock's entry into the RWA tokenization scene. The POLYX price has surged all the way to $0.50 with its market cap crossing $400 million.
BlackRocks entry into the tokenized assets market with its first Ethereum blockchain-based fund ignites a rally in Real-World Asset (RWA) tokens, showcasing growing investor interest in bridging traditional finance with digital assets. With BlackRocks launch of its first tokenized fund on the Ethereum blockchain, the cryptocurrency market has seen a significant increase in Real-World Asset (RWA) tokens.
With BlackRock launching its first tokenized fund on the Ethereum blockchain, the crypto market has seen a significant surge in Real-World Asset (RWA) tokens. Polymesh (POLYX), Centrifuge (CFG), Propchain (PROPC), Ondo (ONDO), and Propbase (PROPS) are among them, and all have gained remarkable figures of well over 30%.
Polymesh (POLYX) Ondo (ONDO), and the innovative Bitcoin Dogs are making waves with significant price surges and groundbreaking developments. Both POLYX and ONDO have witnessed triple-digit price increments over the past month while Bitcoin Dogs makes waves after completing its $0DOG presale that witnessed an overwhelming enthusiasm and support from the crypto community.
The cryptocurrency market is abuzz with anticipation as Ethereum's Dencun upgrade approaches, slated for March 13. This upgrade promises better usability, security, and fast transactions, potentially sparking a new altcoin season.
This could be a big factor in the next crypto market boom. This article is all about the top 5 RWA tokens that could explode in 2024.
Polymesh (POLYX) was among altcoin outperformers in October, riding the broader market's uptick and network-catalysed bullish sentiment to hit highs last seen in October 2022. However, the spike to $0.43 saw a sharp rejection and the altcoin's price is down double-digits in the past 24 hours to near $0.22.
