However, 38th ranked PAX Gold (PAXG) and 34th ranked Tether Gold (XAUt), the top ranked cryptocurrencies in the tokenized gold category mirrored the massive gains in gold prices. Both the cryptocurrencies recorded overnight gains of more than 5 percent, weekly addition of more than 14 percent and year-to-date rally of close to 28 percent. At the same time, only 4 of the top 100 cryptocurrencies are trading with overnight gains of more than a percent. In addition to Gold (market capitalization: $38.5 trillion) and Silver (market capitalization: $6.6 trillion), 4 corporates viz NVIDIA (market capitalization: $4.66 trillion); Alphabet (market capitalization: $4.1 trillion); Apple (market capitalization: $3.8 trillion) and Microsoft (market capitalization: $3.6 trillion) command a market capitalization that exceeds the overall crypto market capitalization of $2.97 trillion. 19th ranked Zcash (ZEC), 66th ranked Render (RENDER), 59th ranked Pump.fun (PUMP) and 80th ranked Pudgy Penguins (PENGU), all recorded overnight losses of more than 8 percent.