RWA Market and Tokenized Assets Beat Meme Coins With a 50% Rally

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The real-world asset market cap reached $71.02 billion on Monday, a gain of 48.7% in 24 hours, according to CoinGecko. Meme coins fell 2.2% over the same day. The sector added $23.26 billion, with nearly all of it coming from a single token: Figure Heloc, which represents 32% of the sector at $22.81 billion. This token, a pool of home equity credit lines, saw its price rise 4.5% over the week but traded only $14.9 million in 24 hours, about 0.065% of its value. Without Figure Heloc, the sector’s gain would have been just 0.96%, illustrating the gap between reported value and actual liquidity in tokenized assets.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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