$PAXG
PAXG is a gold-backed crypto token where each token represents one troy ounce of physical gold stored by Paxos.
CoinGecko
It’s designed to track the price of gold, offering digital exposure without needing to store bullion yourself.
CoinGecko
Price recently sits around ~$5,000 USD with moderate daily movement, reflecting gold’s relative stability vs other cryptos.
CoinMarketCap
Over the past week and month, PAXG has shown mild gains as gold markets stay strong.
CoinGecko
Institutional demand and regulatory backing have helped credibility, but counterparty and market risks remain.
CoinMarketCap
Because it’s tied to gold, big price swings like regular cryptos are less common — gains or losses mostly mirror gold itself.
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