These Are the Crypto Economy's 5 Most Expensive Assets per Unit in August 2022
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Loading... - Basem Touati
- 10 Aug 2022
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On July 18, 2021, Bitcoin.com News researched the top five most expensive crypto assets and at that time there were two digital currencies worth five digits in value, two tokens worth four digits in value, and one valued at three digits. Today, a lot has changed but currently, bitcoin and the token yearn finance are still the only two tokens with five-digit price values, and there’s a total of five crypto assets below them trading for four-digit prices.
The Top Crypto Assets by Price per Unit in August 2022
Just over a year ago, the crypto economy was worth roughly a trillion on July 18, 2021, and bitcoin (BTC) was trading per unit. At that time, one other crypto asset was worth five digits in value, as yearn finance (YFI) was exchanging hands per unit.
Today, both of those tokens are still the most expensive crypto assets per coin in terms of value. However, both bitcoin and yearn finance are trading for much lower values than they were 386 days ago.
At that time, Bitcoin.com News reported that the top five most expensive crypto assets, minus tokenized gold cryptocurrencies, included BTC, YFI, MKR, ETH, and BCH. While Bitcoin is currently trading, it is still worth five digits in USD value and yearn finance (YFI) is changing hands per coin.
Following YFI is pax gold (PAXG), perth mint gold (PMGT), ethereum (ETH), tether gold (XAUT), and maker (MKR). PAXG and PMGT are pegged to the value of one ounce of fine gold and both coins have a small premium.
XAUT is also pegged to one ounce of gold, but at the time of writing, it is currently trading at a discount from the spot price of gold. Taking away the three gold tokens from the equation, during the second week of August 2022, the top five most expensive crypto assets without including gold tokens are BTC, YFI, ETH, MKR, and BNB. Read More...
