Tokenized Commodities Swell Past $6B as Gold Shines and New Contender $MAXI B...
What to Know: The market for tokenized commodities has blown past $6B, mostly thanks to demand for gold-backed tokens in an uncertain economy. This trend shows a split market: money is flowing to both safe havens and high-risk, high-reward speculative plays. Maxi Doge ($MAXI) is tapping into a unique, high-energy trading culture to build its community with gamified competitions. Whale wallets are accumulating and the presale has pulled in over $4.5M, signaling strong early interest in the project. With Bitcoin trading sideways, a different kind of digital asset is quietly booming. The....
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Quick Facts: 1️⃣ Elon Musk reignited the DOGE ‘energy’ narrative through a response on X to a Bitcoin post. 2️⃣ Gold and silver surged to new highs as investors rotated into ‘hard’ assets amid rising U.S.-China tensions. 3️⃣ Bitcoin’s run to new ATHs is imminent, and Maxi Doge looks like the next contender ready to […]
Dogecoin ($DOGE), the original meme coin, shows signs of once again repeating its historic market cycle – the same pattern that triggered monster rallies in 2017 and 2021. While long-time $DOGE holders watch closely for a breakout, there’s a new dog in the pack. Maxi Doge ($MAXI) is aggressively marketing itself as the next contender […]
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
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Quick Facts: ➡️ Gemini is exiting markets like Canada and France to focus resources on dominating the U.S. institutional landscape. ➡️ This strategic consolidation creates a vacuum for retail traders seeking high-volatility opportunities outside of regulated exchanges. ➡️ Maxi Doge is capitalizing on this shift with a ‘leverage culture’ brand and has already raised over […]
On Tuesday, the price of gold soared to new heights as an ounce of the precious metal surpassed $2K per ounce during the early morning trading sessions (EST). Hours later, gold tapped a high of $2,064.27 per ounce as the Russia-Ukraine war and global commodities surge has fueled demand.
Gold’s Value Surges Higher Amid Commodities Boom
Gold is exchanging hands for prices not seen since August 2020, as the Russia-Ukraine war has caused a significant demand for barrels of oil, commodities, energy stocks, and precious metals. During the last 24 hours, an ounce of .999 fine....