Details about SPDR Gold Shares Defichain cryptocurrency
€340
10.242
Unknown
https://defichain.com/
@defichain
SPDR Gold Shares Defichain price charts
DGLD exchanges
SPDR Gold Shares Defichain, the crypto
SPDR Gold Shares Defichain (DGLD) is a cryptocurrency token that is pegged to the value of physical gold. Each token represents ownership of 1/10th of an ounce of gold stored in a secure vault. It is built on the DeFiChain blockchain, which allows for faster transaction times and lower fees compared to traditional gold investments.
The point
The main point of SPDR Gold Shares Defichain (DGLD) is to provide a digital representation of physical gold ownership that is backed by the trusted SPDR Gold Shares brand. It allows for easier and quicker buying and selling of gold, while also providing increased security and transparency for investors.
The problem
SPDR Gold Shares Defichain (DGLD) attempts to solve the issue of high fees and slow transaction times associated with traditional gold investments. It also provides a solution for investors who want to own physical gold, but may not have access to a secure storage facility or want to avoid the hassle of managing physical assets.
Compare DGLD and BTC performance
| Timeframe | DGLD | BTC |
|---|---|---|
| 1h change | 0.874029 % | -0.113414 % |
| 24h change | -0.25 % | 0.280879 % |
| 7 day change | -2.22 % | -1.26201 % |
| 14 day change | -76.25 % | -9.72239 % |
| 30 day change | -9.51 % | -7.76318 % |
| 200 day change | 298.57 % | 126.331 % |
| Year change | 18.88 % | 132.257 % |