Takeaway

• Summary: Finding out is tokenized gold another sort of "safe heaven"
• Assets covered: PAXG, DGX, XAUT
• Metrics used: Top holders percent of total supply, Number of holders by number of owned coins, MVRV

Yesterday's great Dino's insight revealed investors and traders moves towards "cash" - stablecoins.

Today I'd like to overview what's going on with gold tokenized on blockchain.

Gold is a well known treasury to save holdings when markets crash.

Not to multiply but just to save maximum possible.

Most active projects in this area are: PAX Gold, Digix Gold Token and Tether Gold.

1. Top 50 wallets percent of total supply trend:

It doesn't look like confident gold position increasing. Quite opposite, top holders sold and keep selling