Will Blockchain Kill Physical Gold? Tether Gold Surges as Trump Announces New Tariffs
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Gold has long been considered the ultimate store of value, but as digital innovation transforms traditional assets, investors question if tokenized gold will be the future of investing.
Gold prices have reached historic highs, nearly touching $3,100 per ounce at press time. Taking advantage of the trend, digital representations of precious metals such as Tether Gold (XAUt) and Paxos Gold (PAXG) are capturing investor interest.
This follows US President Donald Trump’s introduction of the “reciprocal tariff” policy at the White House.
As per CNBC, the plan is to impose 34% on China, 20% on the EU, 46% on Vietnam along with 26% “discounted” tariffs on Taiwan.
Don Tapscott, co-founder of the Blockchain Research Institute, argues that tokenized gold could revolutionize the $13 trillion gold market.
According to him, blockchain technology offers transparency, liquidity, and innovative financial models that could replace centuries-old storage methods.
Tokenized Gold Market Booms amid Rising Prices
As gold prices soar, the total market capitalization of tokenized gold assets has surpassed $1.3 billion, as per the data provided by rwa.xyz.
On the other hand, the total market cap of gold-associated digital assets like (XAUt) soared to $1.6 billion with the total trading volume reaching $160 million, CoinMarketCap data shows.
It is important to note that the gold cryptocurrency sector is currently led by Tether Gold (XAUt), which is trading at $3,117.40 after an impressive 37% price surge over the past year.
Source: TradingView
In the last 24 hours alone, XAUT climbed from a low of $3,115.17 to a high of $3,181.18, setting a new all-time high two days ago at $3,192.93.
The altcoin trades well above its 20-day EMA of $3,027, while both the Relative Strength Index (RSI) and Bollinger Bands (BB) suggest an overbought market.
From a technical perspective, the RSI above 79 indicates that XAUt may face short-term corrections before establishing new highs.
Similarly, the price hovering near the upper Bollinger Band could signal a potential pullback, if the token doesn’t break above the psychological resistance at the $3,200 price tag.
The prominent support levels are present around $2,300 and another one north of $2,600. A retest of these levels could be seen if prices don’t hold above $3,000.
A continued bullish momentum may push the token higher in the near future after a slight cool off period.
This Project Just Raised $7.8M amid Gold Tokenization Surge
While sentiment around tokenized gold is on the rise, broader economic uncertainty continues to weigh on the crypto market, leaving many digital assets struggling to gain momentum.
Yet a few standout projects are defying the trend – chief among them is MIND of Pepe (MIND).
By merging two of the hottest narratives in the space – AI and meme coins – MIND of Pepe is quickly positioning itself as a breakout player in crypto intelligence.
Source: MIND of Pepe
Its AI agent actively interacts across social platforms, surfacing insights and uncovering trends to give token holders a unique edge.
Holders also benefit from a vibrant Telegram community, designed to keep them ahead of the curve with early access to promising tokens.
So far, MIND of Pepe has raised an impressive $7.8 million through its ongoing presale – evidence of growing demand and investor interest.
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Former Binance chief Changpeng Zhao, better known as “CZ”, has made it clear: he’s not a fan of AI agents that prioritize token launches over actual utility.
