While risky assets have difficulty in the environment of tariff uncertainties, gold performs remarkable to your token. The market value of gold -supported tokens rose to approximately 2 billion dollars in the last 24 hours. This development is in parallel with the traveling course of physical gold.
Golden Tokens
The market value of gold -supported tokens increased by 5 billion dollars by increasing 5.7 percent compared to CONKECKO data. Temporary physical gold prices exceeding $ 3,170 per ounce is seen as one of the factors that support the performance of gold.
Due to the cost advantage of purchase and sale and low transaction, the under -indexed stablecoins are growing rapidly.
Process Volume and Flow
Token Gold, in recent weeks has experienced a major increase in the volume of transaction. In the last reports, the volume of gold transaction to the token reached a level of 1 billion dollars. This is remarkable when compared with the highest volumes in similar periods to the US banking crisis (2023 in the first quarter).
Paxos Gold (PAXG) and Tether Gold (Xaut) such as the weekly process volume of leading tokens, respectively 900 percent and 300 percent, respectively. Paxos Gold, a total of 63 million dollars of continuous entrance was recorded in a certain period. These figures point to the increase in investor interest in the gold market to the token.
Although physical gold has recently experienced two -digit increases, fluctuations have been seen throughout the market due to tariffs implemented by the USA. Following a short 6 percent decrease in prices, gold managed to reach record levels again.
Since Trump took office, Gold has come to the forefront as one of the best performance assets in the crypto industry. According to reports, the gold market value of the token increased by 21 percent; Bitcoin decreased by 19 percent and a 26 percent decline in the general crypto market.
Alexandr Keria: “Token Gold provides a safe approach as a diversification strategy in the crypto ecosystem.”
Alexandr Keria: “The RWA theme with a wide range of covers makes gold investments more accessible.”
The impact of market uncertainties and recipe practices causes investors to re -evaluate risk management strategies. Investors seek a more stable and reliable approach in asset distribution. The figures show that the mobility and interest in the sector are increasing; This contains signs that the demand for the undercin can continue.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
