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32322 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months
https://www.digit.info/2-tokenized-gold-crypto-projects-saw-massive-growth-over-the-last-15-months/
Mon, 06 Jun 2022 18:00:51 +0000https://www.digit.info/2022/06/06/2-tokenized-gold-crypto-projects-saw-massive-growth-over-the-last-15-months/Read more]]>15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the top two tokenized gold coins have grown significantly since then. Pax gold (PAXG), for instance, has seen […]
]]>Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums
https://www.digit.info/tokenized-gold-market-caps-grew-significantly-last-month-as-fresh-demand-drives-premiums/
Wed, 23 Mar 2022 15:30:11 +0000https://www.digit.info/2022/03/23/tokenized-gold-market-caps-grew-significantly-last-month-as-fresh-demand-drives-premiums/Read more]]>While gold tapped an all-time high (ATH) this year surpassing $2K per ounce, the top tokenized gold crypto assets by market valuation continue to see significant demand, premiums, and market capitalization growth. For instance, Paxos Trust Company’s PAXG market cap jumped more than 43% in 31 days from $424 million to today’s $611 million. PAXG […]
]]>Demand for Gold-Backed Tokens Brings Premiums as Precious Metal’s Value Jumps Higher
https://www.digit.info/demand-for-gold-backed-tokens-brings-premiums-as-precious-metals-value-jumps-higher/
Sat, 19 Feb 2022 16:30:14 +0000https://www.digit.info/2022/02/19/demand-for-gold-backed-tokens-brings-premiums-as-precious-metals-value-jumps-higher/Read more]]>While stocks and cryptocurrency markets have floundered during the last week, the price of the precious metal gold has increased in value by 3.85% during the last seven days. An ounce of fine gold jumped from $1,826.92 on February 10, to $1,897.36 per ounce on February 19. Additionally, the top gold-backed crypto coins today have […]
]]>2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months
https://www.digit.info/2-gold-backed-crypto-asset-market-caps-near-1-billion-xaut-jumps-19000-in-23-months/
Tue, 25 Jan 2022 19:00:29 +0000https://www.digit.info/2022/01/25/2-gold-backed-crypto-asset-market-caps-near-1-billion-xaut-jumps-19000-in-23-months/Read more]]>While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion dollars in value with $742 million today. Tether Gold’s Market […]