Precious metals will have a significant role to play. Even if we are wrong on that point, they will still likely soar as inflation hedges. However, we may have government-mandated silver-backed crypto once faith in fiat currencies is wholly lost and a reset is required. That new currency will have both intrinsic value and the conveniences of crypto.
Several cryptos are backed by precious metals or in the development stages. One of the most significant advantages of this approach to owning precious metals is that it allows ownership of small amounts without dealing with storage issues while offering security and the ability to easily and quickly transfer value to someone else.
Why is it most in-demand for investors?
As an investment, silver supplies an important hard asset that has held value for millennia. It’s been estimated that humans have been storing part of their wealth in silver for over 4000 years. In recent years, the demand for industrial silver has grown significantly, adding to the value that investors attach to it.
Buying physical silver is limited to precious metal markets. Cryptos are still new and highly volatile. In contrast, silver backed digital assets help usher in the modern era of investments and are available on public ledgers every day of the week.
Investing in silver backed crypto enables investors to enter crypto markets with less risk.
Best silver backed crypto projects in 2022
Through silver backed crypto, investors can take advantage of the market’s volatility by investing in them that, if widespread, might generate significant returns on investment when they rise above the spot price.
We have selected the top five best silver backed crypto coins you can invest in.
Silver Stonks (SSTX)
It currently stands at $0.00000046 with a market capitalization of $344,497, ranking 2077 in the most valuable coins list.
The native token, SSTX, powers the Silver Stonks ecosystem, making it simple for traders to diversify between digital and physical assets. Token holders may use SSTX to purchase actual silver. Earn interest on the actual silver purchases in the Silver Shop, and earn up to 12% APY on the SSTX token by staking and additional perks through Silverback City Metaverse and NFT collection.
SSTX features
Its ecosystem allows holders to buy physical silver on online stores, gain memberships to access exclusive educational investment content on the platform and benefit from services that allow traditional businesses to adopt a token economy. This crypto has several major headlines coming. In 2023, it has token adoption talks with bullion dealers and will apply its services to Metaverse.
SSTX price prediction 2025
For the year 2025, the price of this crypto could be $0.00000196. Its average price forecast at the end of 2025 can be around $0.00000203. A huge price turnover is expected within the range defined by the crypto market.
Silver Coin (SC)
It currently stands at $0.008 with a market capitalization of $0, making it rank 4999 in the most valuable coins list.
Its fractionalized nature, security measures, and inclusive nature make silver backed crypto a leading option for investors. With one of the highest trade volumes among silver-backed cryptos, it is one of the most popular. The crypto may be exchanged at a 1:1 ratio of 100 SCs for one ounce of silver.
SC features
The first fractionalized silver-backed asset is available to purchase with other virtual currencies or fiat. No identification is required to buy SC, as all investors need an ETH wallet address to receive the crypto. Thus, investors can redeem 99.9% silver bullion at any time. Its team provides a live stream for investors to view stored physical silver bullion backing the coins in real-time and publishes audit reports on the website for easy access. SC’s security measures also include two-factor authentication upon login to reduce the risk of a hack.
SC price prediction 2025
Crypto consumers are still concerned about crypto bans and new restrictions. Its price may cross $0.029 if the market sees a good bull run in 2024. Given that it is expected to be held by long-term investors, its average price for 2024 will be around $0.025.
Silverway (SLV)
It currently stands at $0.0000501 with a market cap of $0 USD. This crypto was founded in 2018 and has been around for quite some time. It is part of the Slavi project, which aims to build a digital infrastructure for cryptos.
SLV features
Slavi intends to support as many blockchain protocols as feasible to give consumers a full solution. The Slavi DApp, built on the Web 3.0 project, enables direct connections between wallets and protocols, eliminating third-party involvement and giving customers control over their cash. According to the Slavi project’s monetization strategy, the token is the primary value and payment source carrier for the platform’s operations and capabilities.
SLV price prediction 2025
As dAPPs and stablecoins develop, the network offers competitive programmable payment, logistics, and storage options. A minimum value of $0.000158 is predicted for the token’s price in 2025.
AurusSilver (AWS)
It currently stands at $0.86 with a market capitalization of $0, making it rank 3822 in the most valuable coins list. This is a silver-backed ETH token produced by a group of experienced traders from the existing precious metals industry. Each token is backed by 1 gram of 99.9% LBMA-accredited silver, stored in insufficiently insured and regulated vaults, and then redeemed.
AWS features
It is a silver-backed stablecoin on the ETH blockchain minted by a network of esteemed traders from the traditional precious metals market. Each token is 1:1 collateralized by and redeemable for 1 gram of 99.99% LBMA-accredited silver, stored in fully audited and insured vaults.
AWS price prediction 2025
Looking ahead, this crypto has a strong potential to grow because of the company’s fundamental aspects. The year 2025 can end with an average price of $3.79 with a minimum price of $3.66 and the maximum price of $4.28.
Lyfe Silver (LSILVER)
It currently stands at $0.98 with a market capitalization of $0, making it rank 4440 in the most valuable coins list. It provides the convenience and speed of digital asset trading, where traders can buy and sell from exchanges while providing the means to redeem tokens for physical silver bullion. Each token will have an underlying asset of physical silver in our partner Custodian.
LSILVER features
The token is part of the Lyfe program to create an asset-based stable token, backed-up by physical assets or commodities to complete the market-based Lyfe Token ecosystem. It will introduce a new possibility and alternative to commodity trading using blockchain, where real assets can be transferred in a decentralized distribution network.
LSILVER price prediction 2025
According to analysts, it was anticipated to touch a maximum price level of $4.82 by 2025. On the other hand, it is highly optimistic that its future will ultimately grow. Therefore, the predicted average price of this crypto will be around $3.98 to $4.13 is expected in 2025, depending on the market.
Final thoughts
Cryptos backed by physical assets grow in popularity and show no signs of slowing down. Silver backed crypto is set to grow as the stablecoin market expands.
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