The current real-time price of CGO is $170.4482. In the past 24 hours, CGO has traded between $165.2072 and $178.2748, showing strong market activity. The all-time high of CGO is $178.71, and the all-time low is $51.61.
From a short-term perspective, the price change of CGO over the past 1 hour is , over the past 24 hours is -0.89%, and over the past 7 days is +0.63%. These figures provide a quick overview of the latest price trends and market dynamics of CGO on LBank.+8.24%
The live price of CGO today is $170.4482, with a current market cap of $18.408M. The 24-hour trading volume is 1M. The price of CGO to USD is updated in real time.
Before deciding whether to buy or sell CGO, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s CGO technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for CGO.
How much will CGO be worth tomorrow, next week, or next month in ? What about your CGO assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! CGO Price Prediction
To learn more about CGO, consider exploring other resources such as the whitepaper, official website, and other published information:
Comtech Gold (CGO) is a cryptocurrency token representing real, physical gold. Each CGO token is equivalent to one gram of pure gold, securely stored with a vaulting partner in the UAE. Holders have ownership rights to this gold, held under XDC Trust Company's custody. CGO's value is directly pegged to the real-time market value of gold, combining gold's stability with digital asset liquidity.
Comtech Gold addresses the challenges associated with owning and trading physical gold, including storage, transport, and high minimum investment sizes. It digitizes gold into fractional, tradable tokens, merging gold's inherent stability with the liquidity, divisibility, and accessibility offered by blockchain technology. This approach makes gold investment more flexible and broadly available.
Yes, every CGO token is 100% backed by an equivalent amount of physical gold. The gold, in standardized 1 kg bars of 999.9 purity from recognized refineries, is stored in secure, allocated vaults in the UAE. A nationally ranking auditor regularly verifies a matching supply of CGO tokens and underlying gold. These monthly audit reports are publicly accessible on the Comtech Gold website, ensuring transparency and accountability.
Owning CGO offers stability, as its value is directly tied to physical gold, providing a hedge against inflation and market volatility. It provides high liquidity and accessibility, being easier to trade, transfer, and store digitally 24/7. CGO is highly divisible, allowing small investments down to 0.01 CGO. Tokens are redeemable for fiat currency, with institutional clients also able to redeem physical gold bars. Furthermore, Comtech Gold is 100% Shariah-compliant.
Sending CGO tokens on the XDC blockchain incurs two types of fees: a standard 'gas' fee paid in XDC, and an additional 0.02% on-chain transaction fee based on the amount sent. For the creation or burning of CGO tokens, a separate small fee of approximately 0.2% of the amount applies. These fees cover network operations and token management, ensuring the smooth functioning of the Comtech Gold ecosystem.
CGO can be purchased directly from the official Comtech Gold website. Additionally, it is listed on various cryptocurrency exchanges, where it can be traded against other digital assets. This widespread availability ensures convenient access for investors looking to acquire or exchange CGO tokens through established platforms, providing flexibility for market participants.
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