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XRP, Meme Coins, and RWA Sector Witness Price Surge in 2024
The cryptocurrency market has been marked by significant price movements in recent times. In the first half of 2024, Cardano (ADA) emerged as a top performer, gaining over 100% in value. This rally was followed by an unexpected surge in meme coins like Pepe (PEPE) and dogwifhat (WIF), which rose by over 1,200%. Meanwhile, the RWA sector has also witnessed a massive rally, driven by the growing demand for tokenization of natural resources and other traditional investment routes.
The integration of DeFi and TradFi has significantly contributed to this surge. In the past few months, several tokens in the RWA sector have seen astronomical price gains, with Mantra (OM) leading the charge, rising by an astonishing 8984.65%.
Source: coinedition.com
