About PAX Gold (PAXG) and Future Price Prediction.
All time high pric of $PAXG was $3487.684 at 2020-04-22.
PAX Gold (PAXG) is a cryptocurrency introduced in September 2019 by Paxos Trust Company. Each PAXG token is backed by one fine troy ounce of a London Good Delivery gold bar, securely stored in Brink's vaults. Operating as an ERC-20 token on the Ethereum blockchain, PAXG offers investors a digital means to own and trade physical gold without the challenges associated with storing and transporting the metal.
Looking ahead to 2030, various forecasts suggest potential growth for PAXG, though estimates vary:
Changelly anticipates that PAXG could trade between $26,567 and $30,989 in 2030, with an average price around $27,290.
CoinCodex offers a more conservative estimate, projecting PAXG's price to range from approximately $3,003.76 to $3,736.38 by March 2030.
Binance's forecast suggests a potential increase of about 5%, estimating PAXG's value to reach approximately $3,510.77 by 2030.
It's important to note that these predictions are speculative and depend on various factors, including market demand, gold prices, and broader economic conditions. As with any investment, especially in the volatile cryptocurrency market, it's crucial to conduct thorough research and consider your financial situation before making investment decisions.