Commodity
Commodity tokens: digital assets backed by real-world resources like gold and oil.
$USOR has led the category 7 days running this week
$H₂O climbed 3 places this week
Weakest this week: $H₂O bottomed out at a 7 gem score
Up 91% this week, $XPT is gaining ground
$gold is up 90.1% this week
13 tokens rose and 5 fell this week
Up 96% this month, $SILV is gaining ground
$PAXG is up 69% this month
Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Entropy ▲▼ | Mc/Rev ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
H₂O coinH₂O | $0.05254 | – | – | 12.6% | $6,188 | $0 | 16.99 | 24 | 0.0227 | – | |
SolanacornCORN | $0.05193 | – | – | – | $21,040 | $0 | 7.232 | 27 | 0.0527 | – | |
PlatinumXPT | $0.05266 | 0.0% | 0.6% | 20.1% | $3,209 | $0 | 19.76 | 29 | 0.1484 | – | |
digital goldgold | $0.05257 | 0.0% | -6.0% | 6.5% | $2,603 | $0 | 20.6 | Gold+1 | 81 | 0.079 | – |
tungstentungsten | $0.05224 | – | 1.4% | – | $7,795 | $0 | 10.87 | Metal+1 | 105 | 0.075 | – |
Digital CommoditiesCOMMODITIES | $0.052 | – | 1.2% | – | $1,961 | $0.00009812 | 11.35 | Meme+1 | 133 | 0.0412 | – |
digital goldgold | $0.05391 | -1.4% | -17.3% | -29.0% | $4,127 | $0 | 24.12 | Gold+1 | 176 | 0.2544 | – |
GoldFinger TokenGF | $0.00872 | -0.9% | 21.2% | 7.0% | $154.33M | $161.43 | 32.29 | Gold+1 | 365 | 0.4119 | – |
GOLDGOLD | $0.06466 | – | 1.5% | 26.2% | $46,392 | $0 | 24.79 | Gold+1 | 579 | 0.0531 | – |
PAX GoldPAXG | $4,374 | 1.0% | -1.6% | -0.8% | $11.13M | $1.70M | 38.59 | Gold+1 | 604 | 0.1871 | – |
CornCORN | $0.02543 | -0.0% | 0.3% | -0.2% | $13.16M | $0.8771 | 46.14 | 1,063 | 0.1555 | – | |
Tether GoldXAUt | $4,365 | 1.0% | -1.6% | 0.5% | $121.34M | $38,299 | 63.12 | 2,186 | 0.3941 | – | |
Brent CrudeBRENT | $0.0005558 | 193.2% | 181.4% | 234.1% | $557,895 | $15,737 | 68.12 | 5,008 | 0.5142 | – | |
Dominion SilverSILV | $19.18 | -69.7% | -70.7% | -70.1% | $1.79M | $8.08M | 49.92 | 7,421 | 0.4849 | – | |
GOLDGOLD | $4,337 | -0.2% | -1.9% | 0.1% | $2.64M | $379,779 | 67.24 | Gold+1 | 10,528 | 0.311 | – |
Tether GoldXAUt | $4,365 | 1.0% | -1.6% | 0.5% | $120.11M | $7.56M | 51.8 | 25,308 | 0.1579 | – | |
Digital Oil Chain TechnologyDOCT | $0.0005204 | 6.2% | 5.9% | – | $0 | $0.1509 | 25.67 | 44,949 | 0.0546 | 0 | |
U.S OilUSOR | $0.000536 | 11.7% | -9.9% | 57.8% | $557,739 | $2,529 | 73.26 | 94,169 | 0.7401 | – |
Frequently asked questions
How has Commodity performed recently?
The Commodity category shows mixed signals over the last 7 and 30 days. U.S Oil (USOR) is a strong performer, leading with a 7-day and 12-day streak and also holding the highest score over both periods. Over the past week, Platinum (XPT) and GOLD showed significant climbs, with GOLD also appearing as a faller over the 30-day window. Dominion Silver (SILV) and PAX Gold (PAXG) were notable climbers over the 30-day period. Conversely, tungsten and H₂O coin saw notable declines over the longer 30-day window, with H₂O coin also registering the lowest score overall. The category experienced more tokens going up than down across both 7-day and 30-day periods.
What are commodity tokens?
Commodity tokens are a type of cryptocurrency that represents a claim on a specific quantity of a physical commodity, such as gold, silver, oil, or real estate. They aim to bridge traditional commodity markets with blockchain technology.
How do commodity tokens work?
These tokens typically work by having a verifiable reserve of the underlying physical commodity held by a custodian. Each token issued is backed by a corresponding unit of that commodity, allowing investors to gain exposure to commodity price movements on a blockchain.
What are the benefits of investing in commodity tokens?
Benefits can include increased liquidity compared to physical commodities, fractional ownership, lower transaction costs in some cases, and the ability to trade 24/7 on cryptocurrency exchanges. They can also offer a more accessible way to invest in commodities without direct physical custody.
Are commodity tokens regulated?
The regulatory status of commodity tokens varies significantly depending on the jurisdiction and the specific design of the token. Some may be subject to securities regulations, while others might be treated differently. It is important for investors to research the regulatory landscape for any specific token and their location.
What risks are associated with commodity tokens?
Risks include price volatility of the underlying commodity, counterparty risk associated with the token issuer and custodian, potential for regulatory changes, smart contract vulnerabilities, and liquidity risks. As with any investment, due diligence is crucial.