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As crypto takes a nosedive, gold-backed tokens ensure investors won’t crash too

In 2022, crypto investors might turn to the old instrument of market stability — gold. There are various gold-backed cryptocurrencies on the decentralized market.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

As crypto takes a nosedive, gold-backed tokens ensure investors won’t crash too

In 2022, crypto investors might turn to the old instrument of market stability — gold. There are various gold-backed cryptocurrencies on the decentralized market.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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