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Gold is going crazy, and PAXG has become the "most stable veteran" in the crypto world.
Others trade MEME tokens like riding a roller coaster, but PAXG is more like riding a high-speed train. It is anchored to gold behind the scenes, so many crypto funds see it as a safe-haven asset.
The biggest advantage is: it can enjoy the logic of gold while freely circulating on the chain. Therefore, when the market panics, PAXG is often easily sought after by funds.
In terms of contract trading strategies, don’t treat it as a shanzhai coin. It is more aligned with gold trends. The US dollar, US bond yields, and geopolitical risks all influence its price.
One sentence: it’s not the most exciting coin, but it might be the easiest to survive. #TradFi交易分享挑战