• bitcoinBitcoin (BTC) $ 63,439.00
  • ethereumEthereum (ETH) $ 2,481.60
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 578.49
  • solanaSolana (SOL) $ 147.06
  • usd-coinUSDC (USDC) $ 1.00
  • xrpXRP (XRP) $ 0.541942
  • staked-etherLido Staked Ether (STETH) $ 2,480.38
  • dogecoinDogecoin (DOGE) $ 0.112060
  • tronTRON (TRX) $ 0.163251
  • the-open-networkToncoin (TON) $ 5.30
  • cardanoCardano (ADA) $ 0.356238
  • avalanche-2Avalanche (AVAX) $ 29.24
  • shiba-inuShiba Inu (SHIB) $ 0.000018
  • wrapped-stethWrapped stETH (WSTETH) $ 2,926.51
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 63,334.00
  • wethWETH (WETH) $ 2,477.84
  • chainlinkChainlink (LINK) $ 11.12
  • bitcoin-cashBitcoin Cash (BCH) $ 331.73
  • suiSui (SUI) $ 2.24
  • polkadotPolkadot (DOT) $ 4.26
  • uniswapUniswap (UNI) $ 7.95
  • nearNEAR Protocol (NEAR) $ 4.90
  • daiDai (DAI) $ 1.00
  • leo-tokenLEO Token (LEO) $ 6.01
  • bittensorBittensor (TAO) $ 676.95
  • litecoinLitecoin (LTC) $ 66.36
  • aptosAptos (APT) $ 9.21
  • pepePepe (PEPE) $ 0.000010
  • wrapped-eethWrapped eETH (WEETH) $ 2,601.83
  • internet-computerInternet Computer (ICP) $ 8.20
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.46
  • kaspaKaspa (KAS) $ 0.138223
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • moneroMonero (XMR) $ 154.26
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.375097
  • ethereum-classicEthereum Classic (ETC) $ 18.92
  • dogwifcoindogwifhat (WIF) $ 2.78
  • stellarStellar (XLM) $ 0.092426
  • blockstackStacks (STX) $ 1.78
  • immutable-xImmutable (IMX) $ 1.57
  • okbOKB (OKB) $ 42.31
  • ethena-usdeEthena USDe (USDE) $ 0.999012
  • aaveAave (AAVE) $ 148.62
  • render-tokenRender (RENDER) $ 5.57
  • whitebitWhiteBIT Coin (WBT) $ 15.17
  • optimismOptimism (OP) $ 1.73
  • filecoinFilecoin (FIL) $ 3.64
  • crypto-com-chainCronos (CRO) $ 0.077647
  • injective-protocolInjective (INJ) $ 20.98
  • mantleMantle (MNT) $ 0.609548
  • fantomFantom (FTM) $ 0.701229
  • arbitrumArbitrum (ARB) $ 0.542420
  • hedera-hashgraphHedera (HBAR) $ 0.051944
  • vechainVeChain (VET) $ 0.022946
  • thorchainTHORChain (RUNE) $ 5.09
  • cosmosCosmos Hub (ATOM) $ 4.37
  • sei-networkSei (SEI) $ 0.477733
  • the-graphThe Graph (GRT) $ 0.168229
  • bonkBonk (BONK) $ 0.000022
  • bitget-tokenBitget Token (BGB) $ 1.09
  • popcatPopcat (POPCAT) $ 1.53
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,481.57
  • flokiFLOKI (FLOKI) $ 0.000142
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,774.04
  • theta-tokenTheta Network (THETA) $ 1.31
  • mantra-daoMANTRA (OM) $ 1.53
  • arweaveArweave (AR) $ 19.64
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,585.11
  • makerMaker (MKR) $ 1,378.27
  • celestiaCelestia (TIA) $ 5.54
  • pyth-networkPyth Network (PYTH) $ 0.327198
  • gatechain-tokenGate (GT) $ 9.16
  • heliumHelium (HNT) $ 6.69
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 63,372.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.809459
  • worldcoin-wldWorldcoin (WLD) $ 2.06
  • ondo-financeOndo (ONDO) $ 0.724901
  • algorandAlgorand (ALGO) $ 0.123912
  • matic-networkPolygon (MATIC) $ 0.376271
  • kucoin-sharesKuCoin (KCS) $ 8.24
  • quant-networkQuant (QNT) $ 67.25
  • lido-daoLido DAO (LDO) $ 1.09
  • based-brettBrett (BRETT) $ 0.097358
  • jasmycoinJasmyCoin (JASMY) $ 0.019540
  • ethenaEthena (ENA) $ 0.332411
  • bitcoin-svBitcoin SV (BSV) $ 45.88
  • neiro-3Neiro (NEIRO) $ 0.002153
  • bittorrentBitTorrent (BTT) $ 0.00000093
  • galaGALA (GALA) $ 0.021992
  • wormholeWormhole (W) $ 0.322494
  • coredaoorgCore (CORE) $ 0.937233
  • flowFlow (FLOW) $ 0.553327
  • fasttokenFasttoken (FTN) $ 2.56
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,469.75
  • notcoinNotcoin (NOT) $ 0.008036
  • starknetStarknet (STRK) $ 0.426084
  • beam-2Beam (BEAM) $ 0.015858
  • aerodrome-financeAerodrome Finance (AERO) $ 1.26
  • spx6900SPX6900 (SPX) $ 0.875578
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,526.40
  • conflux-tokenConflux (CFX) $ 0.175271
  • msolMarinade Staked SOL (MSOL) $ 179.75
  • elrond-erd-2MultiversX (EGLD) $ 27.67
  • klay-tokenKlaytn (KLAY) $ 0.129811
  • neoNEO (NEO) $ 10.66
  • ordinalsORDI (ORDI) $ 35.76
  • usddUSDD (USDD) $ 1.00
  • flare-networksFlare (FLR) $ 0.014896
  • axie-infinityAxie Infinity (AXS) $ 4.78
  • eosEOS (EOS) $ 0.479465
  • mog-coinMog Coin (MOG) $ 0.000002
  • eigenlayerEigenlayer (EIGEN) $ 3.87
  • nervos-networkNervos Network (CKB) $ 0.015789
  • tezosTezos (XTZ) $ 0.700112
  • ecasheCash (XEC) $ 0.000035
  • axelarAxelar (AXL) $ 0.839815
  • tokenize-xchangeTokenize Xchange (TKX) $ 8.48
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • pendlePendle (PENDLE) $ 4.19
  • tether-goldTether Gold (XAUT) $ 2,657.37
  • fraxFrax (FRAX) $ 0.997532
  • the-sandboxThe Sandbox (SAND) $ 0.266434
  • akash-networkAkash Network (AKT) $ 2.57
  • chilizChiliz (CHZ) $ 0.069420
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 63,333.00
  • mina-protocolMina Protocol (MINA) $ 0.538503
  • aleoALEO (ALEO) $ 3.00
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.006890
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,544.60
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000029
  • dydx-chaindYdX (DYDX) $ 0.926957
  • ethereum-name-serviceEthereum Name Service (ENS) $ 17.41
  • roninRonin (RON) $ 1.61
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.005652
  • decentralandDecentraland (MANA) $ 0.301452
  • nexoNEXO (NEXO) $ 0.998344
  • superfarmSuperVerse (SUPER) $ 1.20
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 63,636.00
  • zcashZcash (ZEC) $ 35.10
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,480.13
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.88
  • aioz-networkAIOZ Network (AIOZ) $ 0.465809
  • beldexBeldex (BDX) $ 0.077832
  • pax-goldPAX Gold (PAXG) $ 2,670.37
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000090
  • turboTurbo (TURBO) $ 0.007392
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,483.52
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,677.43
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 153.64
  • book-of-memeBOOK OF MEME (BOME) $ 0.007209
  • true-usdTrueUSD (TUSD) $ 0.999183
  • apecoinApeCoin (APE) $ 0.733827
  • zksyncZKsync (ZK) $ 0.134664
  • havvenSynthetix Network (SNX) $ 1.50
  • dexeDeXe (DEXE) $ 8.59
  • oasis-networkOasis (ROSE) $ 0.071839
  • gigachad-2Gigachad (GIGA) $ 0.050414
  • raydiumRaydium (RAY) $ 1.81
  • arkhamArkham (ARKM) $ 1.68
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • layerzeroLayerZero (ZRO) $ 4.24
  • safeSafe (SAFE) $ 0.954224
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.12
  • blurBlur (BLUR) $ 0.236404
  • celoCelo (CELO) $ 0.817742
  • gnosisGnosis (GNO) $ 174.07
  • metaplexMetaplex (MPLX) $ 0.450362
  • astarAstar (ASTR) $ 0.060515
  • livepeerLivepeer (LPT) $ 12.53
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • iotaIOTA (IOTA) $ 0.124596
  • frax-etherFrax Ether (FRXETH) $ 2,468.08
  • xdce-crowd-saleXDC Network (XDC) $ 0.028399
  • dydxdYdX (ETHDYDX) $ 0.927919
  • apenftAPENFT (NFT) $ 0.00000042
  • theta-fuelTheta Fuel (TFUEL) $ 0.061760
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.080364
  • usdbUSDB (USDB) $ 1.01
  • l2-standard-bridged-weth-blastL2 Standard Bridged WETH (Blast) (WETH) $ 2,473.58
  • echelon-primeEchelon Prime (PRIME) $ 8.51
  • dogs-2Dogs (DOGS) $ 0.000781
  • super-oethSuper OETH (SUPEROETHB) $ 2,473.33
  • compound-governance-tokenCompound (COMP) $ 45.43
  • bitcoin-goldBitcoin Gold (BTG) $ 22.24
  • stepnGMT (GMT) $ 0.133496
  • osmosisOsmosis (OSMO) $ 0.558316
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.06
  • ethereum-pow-iouEthereumPoW (ETHW) $ 3.55
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 63,248.00
  • kavaKava (KAVA) $ 0.349436
  • iotexIoTeX (IOTX) $ 0.039536
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,478.17
  • bitcoin-avalanche-bridged-btc-bBitcoin Avalanche Bridged (BTC.b) (BTC.B) $ 63,251.00
  • dymensionDymension (DYM) $ 1.70
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006783
  • safepalSafePal (SFP) $ 0.716756
  • golemGolem (GLM) $ 0.340929
  • 1inch1inch (1INCH) $ 0.263112

5 Real World Assets (RWA) Altcoins to Trade in June 2024

0 78

Avalanche (AVAX), the leader of the Real-World Asset token category, currently has a valuation of $13.7 billion. Real-world assets (RWA) represent physical assets, like real estate or commodities, digitally tokenized on a blockchain, providing fractional ownership and liquidity.

BeInCrypto has compiled a list of the top RWA tokens that should be a part of your trading portfolio in June.

Avalanche (AVAX)

The Avalanche has been consolidated between $40 and $32 for the past couple of weeks. Despite multiple tests of these ranges as resistance and support, respectively, AVAX’s attempts to break through them have failed.

Even at the time of writing, the altcoin is trading at $34, hovering closer to support of $32. The broader market cues are currently bearish, which could cause a dip in Avalanche’s price to $31.

5 Real World Assets (RWA) Altcoins to Trade in June 2024

Avalanche Price Analysis. Source: TradingView

But a breakout could send it towards $45 to chart a multi-month high.

Chainlink (LINK)

Chainlink’s price also follows broader market cues, which could signal a slight correction for the altcoin. The month of May proved profitable for both the asset and the investors, as the price rose by 44%.

LINK recently attempted to breach the critical barrier of $18.78, a level it also failed to break past back in April. Failure to breach it resulted in Chainlink’s price falling to $17.7, and if the decline does not stop, a drop to $16.55 is possible.

5 Real World Assets (RWA) Altcoins to Trade in June 2024

Chainlink Price Analysis. Source: TradingView

However, a breakout above this resistance could initiate recovery from the recent losses, pushing LINK to $20 and higher.

Internet Computer (ICP)

ICP has been one of the slowest-moving assets over the past month and a half, with barely any move in any direction except sideways. Still favoring the bearish bias, the altcoin has traded at $12.12 after failing to breach $15.34.

The Relative Strength Index (RSI) also struggles to signal a bullish outcome. RSI is a momentum oscillator that measures the speed and change of price movements. It oscillates between 0 and 100, indicating overbought conditions above 70 and oversold conditions below 30.

5 Real World Assets (RWA) Altcoins to Trade in June 2024

Internet Computer Price Analysis. Source: TradingView

It is currently under the neutral mark at 50.0, and testing it as a support floor would ascertain a potential recovery.

This could push ICP above the resistances of $12.91 and $15.34 to chart a rally towards $17.92.

Synthetix Network (SNX)

While not among the top 50 or even the top 100 assets in the crypto market, Synthetix is still a major RWA token. With a market cap of $876 million, SNX has grown during the recent Artificial Intelligence (AI) hype surge.

However, the bullishness could not persist, resulting in a decline in Synthetix’s price. Consequently, the altcoin has been consolidated under $3.15 but is holding above $2.33.

5 Real World Assets (RWA) Altcoins to Trade in June 2024

Synthetix Price Analysis. Source: TradingView

If either of the price levels is broken, the consolidation thesis will be invalidated, resulting in either a rally or a breakdown.

Maker (MKR)

Maker’s price is currently at a three-month low of $2,384. The altcoin has been on a downtrend since early April, falling from its high of $4,000 to its current price point.

Hovering above the support at $2,556, MKR could slip below this support. The resultant decline could send it to the low of $2,271.

5 Real World Assets (RWA) Altcoins to Trade in June 2024

Maker Price Analysis. Source: TradingView

On the other hand, bullish cues from the rest of the market could trigger MKR’s recovery. This would propel it through the resistance of $2,693 to $3,159. A breach of this resistance would invalidate the bearish thesis.

Source

Leave A Reply

Your email address will not be published.