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Goldex Token is created using a variety of asset funds algorithms to prevent manipulative movements in the base price formation. The main factor in pricing is the mechanism of these funds, which are created at certain rates and work with instant transaction prices in the world stock markets. It serves as a safeguard against significant fluctuations in price. The base price of each GLDX starts at 1.1 USD, which is determined by dividing the commodity averages currently evaluated by mutual funds. The algorithm starts with a price of 1.1 USD and continues to increase the value until the funds reach a 1:1 equality by dividing the initial division (88 ~ 1) with a volume of 200K (buy + sell) in order. In simpler terms, with a reciprocal transaction volume of approximately 9M, a Goldex Token can reach 96.8 USD, experiencing an increase of approximately 88 times in a very short time.
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- Can you explain the process of how GLDX ETF determines the allocation of its holdings in the cryptocurrency market? How does it decide which cryptocurrencies to include in its portfolio and in what proportion?2021-11-25
- How does the performance of GLDX stock affect the cryptocurrency market? What are the potential implications and consequences of GLDX stock on the digital currency industry? Are there any specific factors or events related to GLDX stock that can significantly influence the prices and trends of cryptocurrencies?2021-11-25
- Can you provide a detailed comparison of the performance of GLDX stock with other digital assets? How does it fare in terms of price volatility, market capitalization, and trading volume? Is it considered a stable investment option compared to other digital assets?2021-11-25
- Can you provide a list of the cryptocurrencies that are included in the holdings of GLDX ETF? I am interested in knowing which digital assets are part of their portfolio.2021-11-25
- Can you provide a detailed comparison between the cryptocurrency holdings of GLDX ETF and other similar funds? I'm interested in knowing how GLDX ETF's holdings differ from other funds in terms of the types of cryptocurrencies held, the allocation percentages, and any unique strategies employed by GLDX ETF in managing its cryptocurrency portfolio.2021-11-25
- What are the main factors that affect the price of GLDX stock in the cryptocurrency industry? How do these factors contribute to the volatility and fluctuations in the price of GLDX stock?2021-11-25