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.
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