Been seeing a lot of people ask what crypto should i buy with some spare cash, and honestly? Gold-backed tokens like Pax Gold are looking way more interesting than Bitcoin right now. BTC is down like 20% over the year while PAXG is up 36%, tracking gold's rally pretty closely. The token trades around $4.54K and each one represents an actual ounce of physical gold sitting in a vault, which is kind of wild.

What makes this different from just grabbing a gold ETF is that you're holding the real thing on a blockchain - no annual fees eating into your returns, and you can trade it 24/7. Plus, if you ever want the physical gold, you can actually get it. Compare that to Bitcoin, which has honestly been a letdown lately compared to gold's momentum.

The downside? This is only working because gold is having such a moment. If precious metals cool off, PAXG cools off with it. But if you're trying to figure out what crypto should i buy and you want something that's actually backed by something tangible rather than just market sentiment, this is worth looking at. Tether Gold is another option but Pax Gold is more widely available on US exchanges.