Gold prices surge to $3900, with a direct push to $4000 in capital, as the city is adorned in golden armor.
👉 This year, gold has risen over 40%, surpassing the 20% increase of $BTC.
Gold continues to hit new highs, largely due to the current high levels in the risk asset market and the looming crisis of U.S. government shutdowns.
Below is a detailed introduction to the top three gold tokens and related staking methods 👇
#GOLD #RWA
👉 Common ways to hold gold in the past:
1. Purchase physical gold
2. Buy with a gold savings account
With the wave of RWA, many products are gradually going on-chain, and gold can also be purchased on-chain,
which has low transaction fees, low investment thresholds, no time restrictions, and immediate settlement.
The most important point is that gold itself is a non-yielding asset, but on-chain it can be combined with other applications for mining, allowing gold to not only preserve value but also generate returns.
👉 Top three on-chain gold tokens by market cap:
1. $XAUt @tethergold
2. $PAXG @Paxos
3. $KAU @KinesisMonetary
👉 According to data from @coingecko:
Market cap of gold tokens: $2.907 billion
Compared to the current global gold market cap of about $26 trillion, this is only 0.01%.
With significant global regulatory openness, it is expected to grow substantially in the next decade.
📘 Further Reading:
Gold hits a new high! This year's increase surpasses Bitcoin, on-chain investment in gold, gold token ranking
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