Goldfish Gold

GGBR Price

About Goldfish Gold (GGBR)

Goldfish Gold (GGBR) is an on-chain, gold-backed token designed to provide micro-fractional access to physical gold reserves with 24/7 liquidity.

• Every GGBR token represents 1/1000th of a troy ounce of gold, held in audited reserves by a publicly traded company.
• The project maintains an over-collateralized reserve structure exceeding 100% to ensure the stability of the asset's peg.
• Built on the Ethereum blockchain, GGBR utilizes smart contract infrastructure to enable frictionless ownership and physical redemption of gold.

What Is Goldfish Gold

Goldfish Gold is a digitally programmable store of value that bridges traditional gold investment with blockchain technology. The primary value proposition is providing investors with a liquid, inflation-resistant asset that tracks the spot price of gold without the storage and insurance burdens of physical bars. Value moves through the system via a dual-token model where GGBR acts as the gold-backed stablecoin and GFIN serves as the governance and utility token. GGBR tokens are primarily utilized as a stable harbor for capital during periods of high market volatility or as collateral within decentralized finance protocols. As the ecosystem grows, the project intends to expand its multi-chain presence to optimize transaction costs and increase cross-chain liquidity.

What Makes Goldfish Gold Unique

Goldfish Gold distinguishes itself through its "in-situ gold" strategy, which focuses on keeping gold reserves in their natural state to minimize the environmental impact of traditional mining. Unlike many competitors that require high minimums, GGBR offers micro-fractional ownership, allowing users to acquire exposure for small denominations. The project is backed by I-On Digital Corp, a US publicly traded company, providing a layer of corporate transparency and regulatory oversight. Additionally, the asset is fully redeemable for physical gold through a network of regulated dealers, ensuring the digital token maintains a direct link to the underlying commodity.

What Can You Use Goldfish Gold for?

Goldfish Gold is pegged to Physical Gold, with each token representing a specific fraction of a troy ounce.

1. Value retention: The asset allows users to hold a digital, on-chain representation of Physical Gold, which may reduce exposure to crypto-market volatility by tracking a historically stable commodity.
2. Yield generation: The source does not specify native yield options, though users may potentially utilize the token in decentralized lending or liquidity provisioning platforms.
3. Cross-border settlement / value transfer: Its capability for international remittances and global trade is supported by the frictionless nature of blockchain, allowing for the 24/7 transfer of Physical Gold value across borders.
4. Collateralization: GGBR can be used as backing for borrowing and lending protocols or as margin for derivatives, providing a stable, hard-asset collateral option for participants in the Real World Assets sector.

How Does Goldfish Gold Work?

Goldfish Gold operates using an over-collateralized mint and redeem mechanism secured by audited gold reserves. The system utilizes Oracle price feeds to track the live gold spot price, ensuring the token maintains its intended peg. When GGBR is minted, an equivalent amount of gold is secured in the treasury of I-On Digital Corp. The technical architecture relies on audited smart contracts to manage treasury distribution and real-time wallet synchronization. As an ERC-20 token on the Ethereum network, transactions require network fees paid in the native asset of the host blockchain.

Team Info and Investors

Goldfish Gold is developed by GBBR Inc. and is closely associated with I-On Digital Corp (OTCQB: IONI), a US publicly traded company that manages the underlying gold-backed securities. The project is structured under the legal frameworks of Wyoming and the British Virgin Islands. Security and transparency are maintained through independent third-party audits conducted by firms such as CertiK and Cyfrin, alongside public reserve dashboards that provide real-time metrics on collateralization.

Where can you buy Goldfish Gold?

GGBR tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Goldfish Gold is MEXC, where the most active trading pair GGBR/USDT has a trading volume of $64,672.80 in the last 24 hours. Other popular options include Uniswap V3 (Ethereum) and XT.COM.

What is the daily trading volume of Goldfish Gold (GGBR)?

The trading volume of Goldfish Gold (GGBR) is $104,739.23 in the last 24 hours, representing a -3.80% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Goldfish Gold (GGBR)?

Goldfish Gold (GGBR) reached an all-time high of $5.39 and an all-time low of $1.85. It’s now trading -20.60% below that peak and 131.90% above its lowest price.

What is the market cap of Goldfish Gold (GGBR)?

Market capitalization of Goldfish Gold (GGBR) is $86,725,485 and is ranked #321 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of GGBR tokens (20 Million tokens are tradable on the market today).

What is the fully diluted valuation of Goldfish Gold (GGBR)?

The fully diluted valuation (FDV) of Goldfish Gold (GGBR) is $107,041,164. This is a statistical representation of the maximum market cap, assuming total number of 25 Million ETH tokens are in circulation today.

How does the price performance of Goldfish Gold compare against its peers?

With a price decline of -1.70% in the last 7 days, Goldfish Gold (GGBR) is underperforming the global cryptocurrency market which is up 4.10%, while underperforming when compared to similar Real World Assets (RWA) cryptocurrencies which are up 5.70%.

How to add Goldfish Gold (GGBR) to MetaMask?

Adding Goldfish Gold (GGBR) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import GGBR as a token. You can copy GGBR’s contract address (0x7e2ac793f3e692f388e66c7dc28f739d13b0b71a) and import it manually, or if you've installed MetaMask's chrome extension, add GGBR to MetaMask with one click on CoinGecko.

Add GGBR to MetaMask.