Tether Gold Self Reported Market Cap Tops $220.09 Million (XAUT)

by · The Markets Daily

Tether Gold (XAUT) traded up 0.7% against the dollar during the 24 hour period ending at 7:00 AM E.T. on December 27th. One Tether Gold token can now be bought for about $4,542.68 or 0.05196093 BTC on exchanges. During the last seven days, Tether Gold has traded up 4.6% against the dollar. Tether Gold has a market cap of $220.09 million and $139.93 million worth of Tether Gold was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • SolvBTC (SOLVBTC) traded down 1.4% against the dollar and now trades at $87,433.28 or 1.00009644 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 0.2% lower against the dollar and now trades at $87,253.30 or 0.99680859 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Tether Gold

Tether Gold launched on January 23rd, 2020. Tether Gold’s total supply is 520,089 tokens and its circulating supply is 48,450 tokens. Tether Gold’s official Twitter account is @tethergold and its Facebook page is accessible here. The official website for Tether Gold is gold.tether.to.

According to CryptoCompare, “Tether Gold (Gold) is a digital asset offered by TG Commodities Limited. One full XAUt token represents one troy fine ounce of gold on a London Good Delivery bar.The XAUT token can be transferred to any on-chain address from the purchasers' Tether wallet where it is issued after purchase. Specific gold bar(s) will be associated with each on-chain address where Tether Gold is held.”

Buying and Selling Tether Gold

It is usually not possible to buy alternative cryptocurrencies such as Tether Gold directly using US dollars. Investors seeking to trade Tether Gold should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tether Gold using one of the exchanges listed above.

XAUT/USD price chart by TradingView