Details about DGLD cryptocurrency
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https://dgld.ch/
DGLD price charts
DGLD exchanges
DGLD, the crypto
DGLD (DGLD) is a digital token that represents allocated physical gold, offering the same ease of ownership as ownership of a digital asset. It is built on top of the Bitcoin blockchain, and it uses the Bitcoin network for its verifications and security.
The point
The main point of DGLD (DGLD) is to create a digital transferable representation for the physical gold market, allowing its ownership to be easily transferred via the blockchain. It offers the benefits of gold ownership without the downsides of physical storage, high maintenance costs, and lack of portability for the physical commodity.
The problem
DGLD (DGLD) tries to solve the problem of fractional reserve in the gold market. With physical gold, it is difficult to transfer ownership, leading to a lack of transparency and multiple ownership claims. DGLD (DGLD) solves this problem by allowing for easy ownership transfer via the blockchain, with each token representing allocated physical gold.
Compare DGLD and BTC performance
| Timeframe | DGLD | BTC |
|---|---|---|
| 1h change | 0 % | -0.753837 % |
| 24h change | 0 % | -4.58836 % |
| 7 day change | 0 % | 2.49257 % |
| 14 day change | 0 % | -10.0034 % |
| 30 day change | 0 % | -9.64041 % |
| 200 day change | -1.72 % | 124.834 % |
| Year change | 7.23 % | 139.061 % |