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Altcoins

This Altcoin Is First Again!

NBTCBy NBTC03/07/2024No Comments2 Mins Read

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RWA altcoins, which have been one of the most talked about topics in the market recently, have also become very popular among investors and developers.

At this point, cryptocurrency analysis platform Santiment listed the altcoins that developers focused on the most in the last 30 days.

Accordingly, Chainlik (LINK) ranked first on the list, followed by Synethetix (SNX) and Centrifuge (CFG).

According to the list shared by Santiment, the RWA altcoins with the highest developer activity in the last 30 days are listed as follows:

“Here are the top RWA tokens according to crypto evolution.

While Chainlink (LINK) still remains at the top of the throne as the most advanced cryptocurrency in this industry, Maker, Oraichain and Polymesh are experiencing remarkable rises.

1 -Chainlink – LINK 2 – Synthetix – SNX 3 – Centrifuge – CFG 4 – Oraichain – ORAI 5 – Dusk Foundation – DUSK 6 – Maker DAO – MKR 7 – Polymesh Network – POLYX 8 – Ixswap – IXS 9 – Defactor – FACTR 10 – Reserve Protocol – RSR”

Real World Assets (RWA) refer to a class of cryptocurrencies that represent tangible assets that exist outside of the digital environment. These can range from bonds to real estate, commodities and machinery. RWAs enable these assets to find a place in the Decentralized Finance (DeFi) ecosystem, increasing the availability of these often inaccessible financial instruments.

🧑‍💻 Here are crypto’s top #RealWorldAssets by development. This list is compiled by counting any non-redundant github activity, and averaging this daily activity over the past 30 days. Chainlink still sits atop the throne as the most developed coin in this sector, with Maker,… pic.twitter.com/17ARcHD2p0

— Santiment (@santimentfeed) June 4, 2024

*This is not investment advice.


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NBTC

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