Top 10 RWA Cryptocurrencies by Development Activity: Details
TL;DR
- The leading token in the real-world asset (RWA) category shows higher development activity compared to its competitors.
- Despite the recent decline in its value, analysts are optimistic that this asset will experience a significant price increase in the near future.
Real-world assets (RWA) represent specific physical entities such as objects, properties, and others and operate on the blockchain through smart contracts. They have become very popular recently, with a market value reaching billions of dollars.
According to market intelligence platform Sentiment, the token with the most development activity recorded in the last 30 days was Chainlink (LINK).
Centrifuge (CFG), Dusk (DUSK) and Orai Chain (ORAI) round out the top 5 list.
LINK Price Predictions
Despite a 10% decline on a two-week scale, many analysts remain optimistic that LINK’s value will experience a bull run in the near future.
popular X user Ali Martinez claimed that the TD (Tom DeMark) Sequential was “blinking a buy signal on the Chainlink 12-hour chart.” Hey default LINK’s valuation could rise to $15.50 if it stays above the critical resistance level of $13.87.
Michael van de Poppe was also bullish, describing the token as one of the top 5 altcoins capable of generating a 3x increase in BTC with “the lowest risk.”
Later CryptoWolf placed While LINK is on the “mooners” list for the next bull cycle, SlumDOGE Millionaire argues that it is one of the best “blue chip” cryptocurrencies right now.
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