$PAXG Breaking Records: Why the Pump? 📈
$PAXG has just smashed through the $5,100 mark! If you're wondering why "Digital Gold" is decoupling from the rest of the market, here are the 3 core drivers:
1. Global Gold Rally 🌕
Physical gold has entered a massive bull run, hitting all-time highs above $5,100/oz. Since PAXG is 1:1 backed by physical gold, it is tracking this surge perfectly.
2. Institutional "Safe Haven" Play 🛡️
With global market volatility rising in 2026, big players and whales are rotating capital into Real World Assets (RWA). PAXG is the top choice for institutions looking for blockchain-speed safety.
3. Supply Shock 🐳
Massive accumulation by whales on-chain is creating a supply crunch. As demand for tokenized gold increases, the price is being pushed to new discovery levels.
📊 Technical Snapshot:
Current Price: $5,105 (+5.56%)
Key Support: $4,930
Next Target: $5,400+
Sentiment: Ultra-Bullish 🚀
Bottom Line: Gold isn't just a store of value anymore; it’s a momentum play. Keep a close eye on the $5,120 resistance!
