2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months

2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months


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 its market capitalization grow 407% since February 26, 2021, and Tether’s XAUT market valuation swelled by 248% since that day. Presently, PAXG’s and XAUT’s market capitalizations combined equate to just over $1 billion in value.

Pax Gold

Today, there’s just over $1 billion in tokenized gold coins between the top two gold token blockchain projects. The first project, with the largest market capitalization, is pax gold (PAXG) with its $620

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