IAUON surged 83.9% in 24 hours: Bitget listing Ondo tokenized gold ETF drives growth
Bitget Pulse2026/03/18 14:16Volatility Overview
In the past 24 hours, the price of IAUON surged from a low of $50 to a high of $91.93, currently quoted at $91.93, with a price fluctuation amplitude of 83.9%. The 24-hour trading volume is approximately $3.07 million, indicating a significant increase in liquidity.
Brief Analysis of the Cause of the Abnormal Movement
- Exchange Listing Event: On March 17, 2026, Bitget announced the expansion of its spot market, adding Ondo Finance tokenized stocks, ETFs, and precious metals, including the IAUON/USDT trading pair, with trading officially commencing at 10:00 (UTC) on March 18. This directly stimulated a surge in trading volume and a sharp price increase.
- RWA Market Context: Ondo Finance leads the growth of tokenized assets, and IAUON, as the on-chain version of iShares Gold Trust, follows gold price movements. However, the listing is the main timely catalyst, with no significant on-chain whale activity recorded.
Market Views and Outlook
The mainstream market sentiment is positive, viewing the Bitget listing as a signal for the mainstreaming of RWA tokenized assets (such as the Ondo series). CoinMarketCap ranks IAUON at 751, with a market cap of around $16.2 million. Analysts caution that short-term volatility risk is high, and it is important to watch for gold price linkage and subsequent liquidity. Without new catalysts, profit-taking may occur.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, and is for informational reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AMD (AMD.US) Surpasses $1 Trillion Market Cap and Begins Competing for "Computing Power Definition Rights"! Officially Announces $8.2 Billion Acquisition of Fei-Fei Li's World Labs
AMD has agreed to acquire World Labs for $8.2 billion, thereby gaining access to the artificial intelligence startup founded by industry pioneer and researcher Fei-Fei Li. This acquisition is expected to help AMD plan its future hardware launches by bringing in a team of top researchers and their models, as well as deep insights into trends in the field of artificial intelligence.
A Major Reversal Amid the U.S. Bond Selloff! Bond Market Veteran Bianco Turns Bullish for the First Time in Six Years, Calling 5% Yield a "Value Buy Opportunity"
Currently, as benchmark U.S. Treasury yields surge to their highest levels in nearly two decades, bond market veteran Jim Bianco has loosened his bearish stance for the first time and is gradually building long positions as a "value buyer."
New Zealand Dollar steadies near its lows as RBNZ hike bets keep building
Crypto prices
More
