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If there is a sector of disconcerting growth in 2024, it is real-world asset (RWA) tokens. Investors receive enormous returns from these assets, even in greater proportion than the returns from memecoins. The rise of this sector has to do with the tokenization of heavyweight sectors such as real estate.
So far in 2024, the sector’s tokens have an overall growth of +1,760%, which places them in first place in performance. Very far away, in second place, are the memecoins with their resounding +285%. Then, in third place, store of value tokens mark +216%, according to data from Artemis.
Meanwhile, the market capitalization of the sector amounts to $64.68 billion. This is one of the benchmarks to measure the progress of this submarket. On November 4, the capitalization amount was $25.79 million, as reflected on the CoinMarketCap portal.
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The latter means that within a month, the market cap of the sector grew no less than 150.5%. Investor interest in the sector remains at an interesting point, making it one of the most promising areas for the future within the Cryptocurrency market.
The capitalization of the RWA token sector grew by +150% over the last month. Source: CoinMarketCap
What will happen to RWA tokens in the short term?
The fate of RWA tokens is closely related to the fate of Bitcoin and the rest of the Altcoin market. That means these assets could see a much bigger rise in the coming months. Either way, the sector seems ready to grow and not just based on speculative terms.
Some projects in this sector are remarkably consistent and can be expected to experience strong organic growth. This suggests that RWA coins present themselves as one of the most interesting investments in the long term. The concept of tokenization is one that covers the largest areas and hence its long-term potential.
There are three fundamental factors behind the performance of the sector during 2024. Among these, the growing institutional interest in covering other markets stands out. The most classic example at this point is real estate, a market aimed at wealthy investors. Tokenization allows companies in the sector to open up to the retail market.
The second fundamental element is technological advances that allow expanding the usefulness of RWA. As a third factor, the politician is counted. Trump’s victory could usher in regulation that clears the way for the full integration of RWA tokens with traditional finance.
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