「Gold Token」 Market Cap Surpasses $2.72 Billion, with 24-hour Trading Volume Exceeding $280 Million
BlockBeats News, September 9th. According to market data, accompanied by the recent surge in the price of gold, coupled with the weakening of the US dollar and increased safe-haven sentiment ahead of the interest rate meeting, the market capitalization of "Gold Tokens" has surpassed $27.2 billion, with a 1.7% increase in the past 24 hours. In detail:
PAXG's 24-hour trading volume is reported at $1.2 billion, with a total market capitalization of $10.5 billion;
XAUT's 24-hour trading volume is reported at $1.4 billion, with a total market capitalization of $13 billion.
PAX Gold (PAXG) is a gold-backed digital currency issued by Paxos, and XAUT (Tether Gold) is a gold-backed digital currency issued by Tether. Each token of PAXG and XAUT is pegged to 1 ounce of gold.
You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The little deer live by the water and grass

The world belongs to Chinese people who speak English

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

$1.3 Billion Debt: BitDeer Faces Tough Battle

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Ethereum Unveils Scaling Roadmap, What's Different This Time?

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
