As Bitcoin and cryptocurrencies recover from the recent fall, two altcoin groups are leading the increases.
BlackRock recently included a fund it created with Securitize in a new document filed with the US Securities and Exchange Commission (SEC). This move towards tokenizing products and real-world assets (RWA) on the Ethereum blockchain has had a significant impact on the crypto market.
Among RWA tokens, Polymesh (POLYX) experienced an 86% increase, Centrifuge (CFG) rose by 46.5%, Ondo Finance (ONDO) also showed strong growth. The token of popular meme coin FLOKI (FLOKI) focused on tokenization projects, TOKEN, rose by 60%.
Furthermore, the market value of meme coins increased by an average of 16% in the last 24 hours. Nearly all of the most valuable meme coins, except for Shiba Inu (SHIB), saw gains.
FLOKI also showed a 38% rise in parallel with TOKEN.