KoinX

Cryptocurrencies PAX Gold

PAX GoldPAXG

Rank #41

$4504.19

₹423441

2.00%

(24h)

Overview

Fundamentals

News Insights

Sentiments

Team

Technical

Tokenomics

Performance

Today's Low

4,502.06

4,504.19

Today's High

4,527.37

52W Low

2,991.69

4,504.19

52W High

5,619.09

Fundamentals

PAX Gold Price$4,504.19

24h Low / 24h High$4,502.06 / $4,527.37

7d Low / 7d High$4,505.756 / $5,024.89

Trading Volume$124,558,646

Market Cap Rank#41

Market Cap$2,264,559,971

Market Cap Dominance-0.27%

Volume / Market Cap0.055

All-Time High

$5619.09-19.82%

Jan 29, 2026 (about 1 month)

All-Time Low

$1399.64221.90%

Nov 18, 2019 (about 6 years)

Sentiment

Key Events

Bitcoin Conference 2024: A Recap

The Bitcoin Conference 2024 was a groundbreaking event that brought together experts, enthusiasts, and investors from around the world.

Bitcoin Conference 2024: A Recap

The Bitcoin Conference 2024 was a groundbreaking event that brought together experts, enthusiasts, and investors from around the world.

Analyst Estimates

76%

Scales to be shown

About PAX Gold

What is PAX Gold?

PAX Gold (PAXG) is an asset-backed token where one token should represent one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold. PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset. Customers are able to have fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. PAXG is also available for trading on Paxos’ itBit exchange. PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem. At any time, PAXG holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address on the PAXG lookup tool on Paxos.com/paxgold.

How Does Crypto Work?

Cryptocurrency operates on decentralized networks, leveraging blockchain technology to record transactions securely without the need for a central authority. Users initiate transactions by sending cryptocurrency to others, which are then verified and added to the blockchain by a network of computers using cryptographic techniques. Transactions rely on public and private keys for security, with miners validating transactions through complex puzzles in a process called mining. Consensus mechanisms like Proof of Work (PoW) ensure agreement among network nodes on transaction validity. Wallets enable users to store, send, and receive cryptocurrency securely, while decentralized applications (DApps) utilize cryptocurrencies for various functions across industries. In summary, cryptocurrencies facilitate decentralized, peer-to-peer transactions, supported by blockchain technology and cryptographic principles.

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Whether you're just diving into the world of cryptocurrencies or already have a stake, keeping abreast of the latest advancements and trends is crucial. Cryptocurrency, with its disruptive capabilities and expanding acceptance, remains at the forefront of reshaping both financial and technological landscapes. From Bitcoin's pioneering role to the ever-evolving ecosystem of alternative coins and blockchain projects, staying informed allows individuals to navigate this dynamic space and harness its potential for innovation and investment.

Tokenomics

Initial Distribution

Tokenomics refers to the economics of a cryptocurrency token. It encompasses various factors such as the token's distribution, supply, utility, and governance mechanisms. Understanding tokenomics is crucial for investors and stakeholders to assess the long-term viability and potential of a cryptocurrency project. In tokenomics analysis, factors like token allocation, vesting schedules, inflation rates, and token utility are carefully evaluated to gauge the token's value proposition and sustainability.

Team

Our team comprises skilled professionals dedicated to excellence. With a focus on collaboration and innovation, we strive to deliver exceptional results for our clients. Each member brings unique talents and expertise to the table, ensuring comprehensive solutions tailored to meet your needs.

John Smith

Senior Designer

As a senior designer, I am passionate about creating captivating visual experiences that resonate with audiences. With a keen eye for detail and a commitment to creativity, I aim to bring your vision to life through thoughtful design solutions.

Elina Williams

Marketing Specialist

As a marketing specialist, I specialize in developing strategic campaigns that drive engagement and yield measurable results. By leveraging data-driven insights and creative thinking, I help businesses connect with their target audience and achieve their marketing objectives.

Chandler Bing

Senior Designer

With a focus on user-centric design principles, I collaborate with cross-functional teams to develop intuitive and visually appealing products. From concept to execution, I am dedicated to delivering impactful design solutions that enhance user experiences and drive business growth.