Crypto gold promoters claim 80% APR amid speculative mania
Crypto promoters are trying to lure precious metal speculators with dubious claims of ultra-high yield farms in tokenized gold.
Crypto promoters are trying to lure precious metal speculators with dubious claims of ultra-high yield farms in tokenized gold.
Amid a historic rally in gold over the last 12 months, BTC investors are losing confidence in it becoming digital gold.
Despite an 11X larger market capitalization, gold has rallied 32% versus BTC’s far more modest 16% so far this year.
Despite Donald Trump’s embrace of “digital gold,” BTC, actual gold has outperformed it so far in his second term.
A year-to-date chart of gold versus BTC shows outperformance of the traditional safe haven asset amid geopolitical uncertainty.