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On-chain gold absorbs black swan events during traditional market closures, highlighting the advantages of blockchain
On February 28, due to the full escalation of the US-Iran conflict, on-chain gold prices represented by PAXG and XAUT surged dramatically. Among them, PAXG reached a high of $5,600 today, with a single-day trading volume exceeding $1 billion, fully demonstrating investors' trading demand for gold during black swan events.
In contrast, the gold market under the traditional financial system remains closed.#Gate广场发帖领五万美金红包