Stellar (XLM) and Keeta (KTA) Lead RWA Crypto Gains Amid Market Recovery, Future Trends Uncertain
Main Idea
The crypto market cap rebounded to $3.8 trillion, with Real World Asset (RWA) tokens like Stellar (XLM) and Keeta (KTA) leading gains, signaling renewed investor interest in this sector.
Key Points
1. The total crypto market cap surged past $3.8 trillion on August 4, marking a 2.3% increase in 24 hours.
2. RWA tokens outperformed with an average gain of 6.9%, led by Stellar (XLM), Injective (INJ), and Keeta (KTA).
3. Keeta (KTA) closed at $1.07, showing strength above the middle Bollinger Band, while Stellar (XLM) traded at $0.4083.
4. Ondo Finance (ONDO) posted modest gains of 2.56% but retained solid fundamentals as an institutional player.
5. Market volatility in RWA tokens like Stellar and Keeta suggests potential pauses, but investors may see this as an accumulation phase for future growth.
Description
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