The cryptocurrency market almost dipped below the $200 billion mark today, as major panic selling is occurring due to Google (NASDAQ:GOOGL) banning cryptocurrency ads. Since its record high back in early January of this year the total market cap has lost over $500 billion USD. Most coins are making somewhat of a comeback, from yesterday’s shocking news. Ethereum (available on Coinbase) (ETH) has yet to dip under the $600 mark and Bitcoin (available on Coinbase) (BTC) remains sTron (available on Binance)g above $8,000. Presently, there are only 11 coins within the top 100 that are in the green.

DigixDAO

Source: CoinMarketCap

While the market takes a major blow, DigixDAO backed by gold has remained solid. Each DGD token represents a single gram of gold. It is the only cryptocurrency one the market that is backed by somETHing of store value. The DigixDAO team believes that in doing this, it provides some stability to the highly volatile market. It’s proving itself today.

At press time, DGD is trading for $373.11 a coin, up 25%, in 24 hours. For the month, the coin is up 54.4% and in 90 days, up over 166%.