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
ARK Invest doubles down on SpaceX: each Starship launch could add $700M a year
U.S. Treasury yields remain high! Elevated borrowing costs continue to impact the U.S. economy, AI investment boom intensifies the divergence from the real economy
As the yield on 10-year U.S. Treasury bonds remains above 5%, investors are turning their attention to a potentially more important issue than short-term market fluctuations: what impact will persistently high U.S. borrowing costs have on the economy and financial markets?
Overnight US Stocks | Cooling September Nonfarm Payrolls Support Fed's Rate Hike Pause; All Three Major Indexes Close Higher; SpaceX (SPCX.US) Up 7.35%
At the close, the Dow Jones Index rose by 250.88 points, or 0.49%, to 51,177.44 points; the S&P 500 Index gained 56.32 points, or 0.73%, to 7,722.77 points; and the Nasdaq Composite Index increased by 319.27 points, or 1.19%, to 27,190.86 points.
Waller downplays forward guidance on interest rates; speeches by two Federal Reserve officials still sway the market; expectations for a rate hike in October cool significantly
Although Federal Reserve Chairman Waller has clearly stated that he does not wish to send explicit signals to the market about the path of interest rates through forward guidance, the speeches by two senior Federal Reserve officials this week have still significantly influenced investor expectations.
Crypto prices
More
