Trader Says Real-World Asset (RWA) Tokens Looking Better Than Most of the Crypto Market – Here Are His Top Picks
A crypto strategist known for accurately calling the 2021 digital asset cycle top says the real-world asset (RWA) sector is showing a lot of market strength. The analyst pseudonymously known as Pentoshi tells his 854,800 followers on the social media platform X that Chintai (CHEX), Ondo Finance (ONDO) and Clearpool (CPOOL) are three RWA altcoins poised for rallies. RWA crypto projects aim to tokenize traditional assets so that they can be traded on blockchains, enabling efficiency and accessibility, fractional ownership and other benefits. Says Pentoshi, “CHEX, ONDO, CPOOL: RWA play updates. CHEX actually made new highs after the big sell-off two weeks ago, and RWAs had the strongest recoveries of any sector. All structurally look better than most of the market currently with retests of nice high time frame levels.” Source: Pentoshi/X CHEX is trading for $0.44 at time of writing, flat on the day. Source: Pentoshi/X ONDO is trading for $1.32 at tim...