Real-world assets (RWA) are slowly becoming the flavour of the crypto market, largely unknown to common people couple of years, this segment has grown very popular.
In this article, we will look at 3 attractive Best RWA Crypto coins to buy this summer, that are available at a good valuation.
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Table of Contents
What is BYDFI exchange?
BYDFI is one of the most popular trading platform for crypto derivatives, providing its users with seamless access to the global crypto market through a range of options including spot trading, copy trading, and CFDs.
The exchange, operational since 2014, offers an array of features and products as outlined in the article below. With a sizable user base exceeding , Bydfi has the lowest trading fee and has a welcome bonus of $200 on signing up.
Synthetix (SNX Crypto Price Target)
Synthetix is a decentralized finance protocol providing on-chain exposure to a wide range of assets through synthetic tokens.
- Latest Price: SNX is trading at $2.55.
- Market Cap: The market cap for Synthetix is $833.24 million.
- 24h Trading Volume: The 24-hour trading volume for SNX is $24.14 million.
- Circulating Supply: There is a circulating supply of 327.77 million SNX tokens.
- Total Supply: The total supply of SNX is 328.19 million tokens.
- Price Performance: SNX has seen a slight decline of -0.33% in the last 24 hours.
The price is approaching the support trendline of the ascending triangle pattern, indicating a potential buying opportunity for $SNX. Purchasing at this support level may be advantageous, as it typically represents a strong foundation for the price.
Should the price break out above the upper resistance line of the triangle, it would signal further bullish momentum for $SNX, potentially leading to significant upward movement.
LTO Network (LTO Crypto Price Target)
LTO Network is a hybrid blockchain platform designed for business-to-business operations, integrating RWA through decentralized workflows.
- Latest Price: LTO’s current price is $0.1717.
- Market Cap: The market cap for LTO Network is $73.45 million.
- 24h Trading Volume: The 24-hour trading volume for LTO is $3.31 million.
- Circulating Supply: LTO Network has a circulating supply of 430 million LTO coins.
- Total Supply: The total supply of LTO is 500 million coins.
- Price Performance: LTO has experienced a -0.43% price decline in the last 24 hours, but its focus on RWA integration could lead to future growth.
The price is facing rejection at the support trendline of the descending triangle and is currently fluctuating within the pattern. This indicates a consolidation phase where the price is moving sideways.
We recommend waiting to buy $LTO until it breaks out above the descending triangle’s upper resistance line. Such a breakout would signal a potential bullish reversal. Once this occurs, we anticipate that $LTO could reach the $1 mark in the near future.
Maker (MKR Crypto Price Target)
- Latest Price: MKR is priced at $2,848.
- Market Cap: Maker has a market cap of $2.64 billion, which makes it a top DeFi protocol.
- 24h Trading Volume: The trading volume for MKR over the last 24 hours is $37.01 million.
- Circulating Supply: There is a circulating supply of 925.43K MKR tokens.
- Total Supply: The total supply of MKR is 977.63K tokens.
The price is consolidating within the symmetrical triangle pattern. At present, it is being rejected at the resistance trendline of the triangle. It is crucial to wait for a decisive breakout from this pattern. A successful breakout above the resistance trendline would serve as a bullish confirmation for $MKR.
As it could signal a significant upward movement in the price of $MKR.
Conclusion
The 3 RWA coins are among the best bets in this increasingly growing popular crypto space. These RWA coins can be added to your portfolio for long term as well as short term.
Please do your own research before making any significant financial decision.
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