In the emerging world of cryptocurrency, asset-backed tokens have appeared as a stable and promising investment option. These are digital assets whose value is directly linked to tangible or intangible assets for ex real estate, precious metals, or even company shares. These tokens offer investors the security of a traditional asset combined with the flexibility and accessibility of blockchain technology. Coin Gabbar brings you the top five asset-backed tokens to consider for investment in 2024, offering a blend of innovation and stability in your investment portfolio. The Tokens we will discuss today includes Aave Link, SHOPX, AurusX, TempleDAO, and TemplarDAO.
$ALINK (Aave Link)
Aave is an open-source liquidity protocol designed to create non-custodial liquidity markets. Users can earn interest by supplying their assets or borrow with either variable or stable interest rates. The native token, ALINK, functions as both a governance token and a tool for community decision-making. In this system, lenders supply liquidity to the market, while borrowers use their crypto assets as collateral to secure loans from the liquidity pools.
This Token is currently trading at $15.80 which is around 216.3% a rise from its all-time low of $4.99 (Jun 10, 2023). The Token also reached its all-time high of $52.48 on May 10, 2021. Hence as it shows a good rise it can be a great investment option.
$SHOPX (ShopX)
$SHOPX is the native token of ShopX. It is the groundbreaking RWA ecosystem where you can easily tokenize your products. Provide and gain access to exclusive products, services, or benefits. RWAs enhance the customer experience by creating transparency and ownership. The most popular exchange to buy and trade SHOPX is AscendEX (BitMax), where the most active trading pair is SHOPX/USDT.
This Token has a Market Cap of $7,274,504 and currently trading at $0.01548 which is around 212.0% rise from its all-time low of $0.004983 (Nov 07, 2023). The Token also reached its all-time high of $4.77 on Mar 31, 2021. Hence it can be good investment option.
$TEM (Templar DAO)
It is the native token of Templar DAO. It is a decentralized finance platform operating on both Binance Smart Chain (BSC) and Moonriver (MOVR). It utilizes a distinctive treasury-reserve protocol supported by a variety of assets, including BUSD and LP tokens. The platform is designed to enable users to create, manage, and govern their own DeFi projects, offering them greater control and flexibility in the decentralized finance space.
This Token has a Market Cap of $1,685,500 and currently trading at $2.12 which is around 153.3% rise from its all-time low of $0.8387 (Jul 16, 2022). The most popular exchange to buy and trade Templar DAO is Uniswap V3 (BSC), where the most active trading pair is TEM/WBNB, Hence you can have a look to buy it.
$AX (AurusX)
$AX is the native token of AurusX. It is a decentralized financial ecosystem that connects traditional assets with the digital realm. Developed on the Avalanche blockchain, it allows users to convert physical assets like gold, silver, and other precious metals into digital tokens known as AUR, which are backed by actual physical reserves. These tokens can be traded, transferred, and securely stored. AurusX aims to offer a transparent, efficient, and accessible method for investors to engage in the precious metals market, leveraging the advantages of blockchain technology.
This Token has a Market Cap of $1,458,718 and currently trading at $0.5117 which is around 219.8% rise from its all-time low of $0.16 (Nov 01, 2023). The Token also reached its all-time high of $3.68 on Nov 11, 2022. The most popular exchange to buy and trade AurusX is MEXC, where the most active trading pair is AX/USDT. Hence if you want to in Defi then this token is for you.
$TEMPLE (Temple DAO)
$TEMPLE is the native token of Temple DAO. It is a project driven by the community with the goal of establishing a secure and reliable DeFi environment. It offers products designed to minimize volatility and incentivize long-term investment. With a strong emphasis on community involvement, TempleDAO aims to enhance the overall DeFi journey for investors by providing a sanctuary amidst the uncertainty of volatile assets.
This Token has a Market Cap of $44,470,035 and currently trading at $1.21which is around 550.0% rise from its all-time low of $0.1863 (Mar 19, 2023). The Token also reached its all-time high of $3.35 on Dec 23, 2021. The most popular exchange to buy and trade TempleDAO is Balancer V2, where the most active trading pair is TEMPLE/DAI. Hence with its high rise you can think to buy it.
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