PAXG Among Only Six Binance Gainers — Gold-Pegged Token Posts 24-Hour Price Increase (Oct 17)

COINOTAG News on October 17, referencing Binance market data, reports a concentrated intraday advance with only six tickers — ZKC, DEGO, PAXG, ARPA, A2Z and KMNO — registering 24‑hour gains. PAXG, which ranked third by price increase, is an asset‑backed, gold‑pegged token designed to track physical gold value. The wider exchange ecosystem showed broad weakness as the majority of listed currencies recorded 24‑hour declines, indicating narrowed market breadth and limited upside dispersion. Market participants evaluating intraday crypto market dynamics will find that positive performance remains isolated to a small set of tickers rather than reflecting broad-based momentum.

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