PAXG: The Digital Gold Standard! š
PAXG is a cryptocurrency token backed by physical gold stored in vaults. Each token represents 1 fine troy ounce (t oz) of gold. š„
Why is PAXG so expensive? š¤
- Backed by physical gold: PAXG's value is tied to the spot price of gold, making it a stable store of value.
- Limited supply: The token supply is capped, which can drive up demand and prices.
- *Growing adoption*: PAXG's use in DeFi and other applications increases its value.
Invest in digital gold! šø