#ZGD (Zambesi Gold, Gold-backed.) 2-Day: The ZGD price target could deliver 8500% long term. With the price of gold on the rise, this gold-backed cryptocurrency is a Utility DeFi project. This cryptocurrency is already producing gold to back its value. A Head & Shoulders pattern shows a reversal at the bottom, which is expected to break to the upside, leading to potential gains of up to 578% during this specific shorter cycle. We anticipate that for every 1% increase in the price of physical gold, #ZGD will significantly outperform gold with almost ten times the gains. Most traders would ladder positions by taking $100 to $200 trades and up to $1000. We will later provide further analysis as the market improves. Since we are referring to gold (or a fiat monetary asset), this analysis must not be regarded as providing financial advice. Please see T&C in this report.
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Gold has been used as security or collateral for time immemorial. Today, the crypto market is gradually getting introduced to a new type of crypto token backed by gold.
Read MoreZambesi Gold is a mining company that aims to revolutionize the gold industry by combining real gold, real people, and real mining operations with blockchain technology. Zambesi Gold tokens are backed by physical gold , ensuring that the value of the tokens is always increasing. Zambesi Gold is not just a gold backed Token, but a new gold standard for the future.
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