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Cryptocurrency News Articles

Cryptocurrencies Backed by Gold, Such as Paxos Gold ($PAXG) and Tether Gold ($XAUT), Have Not Only Matched the Growth of Gold Price but Also Outperformed the Wider Crypto Market.

Apr 14, 2025 at 09:26 pm

Bitcoin has fallen around 12% year-to-date, whereas the wider crypto market capitalization plunged by almost 30%.

Cryptocurrencies Backed by Gold, Such as Paxos Gold ($PAXG) and Tether Gold ($XAUT), Have Not Only Matched the Growth of Gold Price but Also Outperformed the Wider Crypto Market.

Cryptocurrencies backed by gold, such as Paxos Gold ($PAXG) and Tether Gold ($XAUT), have not only matched the growth of gold price but also outperformed the wider crypto market.

The gold spot price has surged around 24% since the beginning of this year. In comparison, $PAXG has increased around 23% during the same period, while $XAUT also surged by 24%.

Read on to know what this gold-driven bull run means for your crypto portfolio and how investing in the best crypto presales right now could be one of the smartest financial moves you can make.

Gold: The Safe Haven

Bitcoin has fallen around 12% year-to-date, whereas the wider crypto market capitalization plunged by almost 30%.

The first quarter of the year also saw the highest inflows in gold ETFs since 2022, totaling around 226.5 tonnes.

The global economy is still recovering from the US-China tariff war, which brings along a lot of uncertainty. Precious metals such as gold emerge as safe investments in turbulent times like this.

Gold futures price chart by TradingView

Gold futures prices rose on Tuesday, rebounding from a more than 5% decline in the wake of the U.S. imposing tariffs on goods from China.

After the announcements of tariffs on April 4, gold fell by more than 5%, making a low of less than $3K. However, since then, it has made a remarkable recovery, soaring around 8.5% and hitting a new all-time high.

Gold: A Haven in Turbulent Times

Dr. Jan Wüstenfeld, an economist and Bitcoin researcher, took to LinkedIn to explain that the U.S. government spending may not reduce and, in fact, may keep increasing.

He explained that federal debt may balloon to 169% of GDP by 2055 from the current level of 123% of GDP.

This translates to higher interest payments, which is why it will become essential for the government to keep interest rates low. That will then lead to monetary expansion and ultimately inflation.

While this might not be good news for traditional markets, hard assets like $BTC and gold will become more attractive.

Gold is a proven safe investment, and increasing interest payment pressure will only make it more alluring.

As uncertainty increases, investing in cryptos that are currently in presale can help you diversify your portfolio without taking on much risk.

That’s because these assets aren’t yet listed on exchanges, which is why they’re immune to the market’s volatility.

To help you get started on the right foot, we’ve handpicked three top altcoins you should consider buying.

1. Solaxy ($SOLX) – Best Crypto Presale with over $30M in Funding

When it comes to cryptos that offer relatively safe investments, Solaxy ($SOLX) stands out as the top choice.

This new meme coin on presale is one of the very few to offer real-world application and utility, which is why our Solaxy price prediction suggests it could reach $0.2 by 2030.

That would be a nearly 11,800% gain in less than five years. But to realize such gains, you’d need to buy Solaxy while it’s still in presale.

One token is currently available for just $0.1694, but hurry because the price increases in just a few hours. It’s also worth noting that the project has in total raised a staggering $30M.

Get 150% extra $SOLX tokens with limited-time offer.

As the first-ever Layer 2 solution on Solana, Solaxy aims to restore the popular blockchain’s glory, which has been blunted due to an overload of investors on the network.

Solaxy will help Solana’s mainnet by processing some of its transactions on a sidechain.

Because it’s a multi-chain token, $SOLX will make use of both Ethereum’s liquidity and Solana’s speed to crank up Solana’s efficiency and reduce congestion and scalability issues.

Moreover, Solaxy’s whitepaper has laid out that it will process multiple transactions at once, i.e., in batches. This will improve Solana’s affordability.

2. Best Wallet Token ($BEST) – Top New Altcoin Powering the Fastest-Growing Wallet Ecosystem

Best Wallet Token ($BEST) is another utility-based altcoin that could be the perfect solution if you’re looking for a safe but potentially extremely profitable crypto investment opportunity.

As the native token of the Best Wallet app, $BEST powers the entire Best Wallet ecosystem. $BEST token holders will get exclusive perks as a reward for their loyalty. These include lower transaction fees,

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Apr 16, 2025