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Digix Gold token (DGX) moved down -2.55% in less than 24 hours – CryptoCoinsTribune


Digix Gold token (DGX) had a bad 24 hours as the crypto declined $-1.07242 or -2.55% trading at $41.05124. According to Global Crypto Analysts, Digix Gold token (DGX) eyes $45.156364 target on the road to $121.493300788494. DGX last traded at Bitfinex exchange. It had high of $42.12366 and low of $39.62966 for May 19-20. The open was $42.12366. About 44 DGX worth $1,857 traded hands.

Digix Gold token (DGX) is up 1.29% in the last 30 days from $40.53 per coin. Its down -8.90% in the last 100 days since when traded at $45.06 and the annual trend is down. 200 days ago DGX traded at $46.48. DGX has 111,000 coins mined giving it $4.56 million market cap. Digix Gold token maximum coins available are 62,200. DGX uses algorithm and proof type. It was started on 29/03/2018.

Digix is an asset tokenization platform that puts gold asset ownership on the blockchain, making digital gold transferrable. Digix’ ecosystem is powered by two native tokens: DGX and DGD. DGX is an ERC20 security token which democratizes access to gold. DGX represents physical gold where 1 DGX represents 1 gram of gold. The DGD token gives users the right to profits in the trading of DGX tokens which own the right to gold stored in a vault in Singapore. So if people trade 20 gold bars per day – the DGD token holders will have the profits of the commission from those trades distributed equally amongst themselves.

 

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