- TRAC which surged by 5.32% to $0.87 is trading 24.49% below recent highs owing to bearish pressure.
- Chainlink (LINK) remains stable at $22.11, indicating consolidation with moderate bearish signals over a four hour period.
- Mantra (OM) gained 5.12% in 7 days, indicating resilience and scalability with 10,000 TPS, ideal for institutional use.
In a YouTube video, Altcoin Buzz, highlighted three real-world asset (RWA) altcoins, namely, Origin Trail (TRAC), Chainlink (LINK), and Mantra (OM), indicating their distinctive functionalities and recent market activity. Each token has unique abilities in the blockchain sector, offering investors a deeper understanding of its potential role in the market.
Origin Trail
Origin Trail (TRAC) operates on the Ethereum blockchain and focuses on building a trusted knowledge field for decentralized AI. The platform addresses misinformation by ensuring the origin and discoverability of critical information.
At press time, TRAC was trading at $0.87, up by 5.32% in the past 24 hours. However, over a four hour timeframe, despite the surge, it remains 24.49% below earlier levels, showing ongoing bearish pressure.
The RSI is at 51.12, indicating neither overbought nor oversold conditions. The MACD line suggests potential bullish momentum with green histogram bars emerging. Trading volume at 5.26K shows limited market activity, which could delay substantial short term price surges.
Chainlink
Chainlink (LINK) is a blockchain abstraction layer, enabling smart contracts to securely interact with off chain data. This functionality supports the performance of complex smart contracts across various sectors.
At the time of writing, LINK was trading at $22.11, a 0.13% uptick over the past 24 hours. On a four hour basis, LINK witnessed stable price performance, suggesting moderate bearish pressure and its price movements point toward possible consolidation.
Mantra
Mantra (OM) is a security first blockchain designed for real world asset tokenization. Built using the Cosmos SDK, Mantra supports CosmWasm smart contracts and is compatible with inter blockchain communication (IBC), facilitating high scalability and permissioned applications.
The protocol achieves up to 10,000 transactions per second, enhancing its appeal to institutions. At the time of publication, Mantra’s price was $3.81, a 5.12% increase over the last seven days and portrays better resilience compared to TRAC and LINK.
This stability suggests investor confidence, even in fluctuating market conditions. According to Altcoin Buzz, these assets show varying degrees of recovery, stability, and resilience, presenting different opportunities to the crypto market.
