by Adam Pereira
Golden Inu Token [$GOLDEN] has just surpassed the milestone of US$135,000 total market cap according to DexScreener, a cryptocurrency exchange data index. This is 400% growth from the $GOLDEN token’s phase 1, pre-ICO funding round base.
The impressive totals come less than one week after its first public offering; it was listed on PancakeSwap, a decentralized currency exchange, last Thursday.
US$27000 Daily Invested Into Golden Inu
Wednesday’s analysis of market capitalization value indicated that Binance cryptocurrency holders are investing $27000 daily on average into the new bep20 token.
The injection into the $GOLDEN token has sent its value up to over 300% since its public listing; creating an all-time high of US$0.000000000003802. This is a huge feat in itself if compared to rival token Shiba Inu.
Shiba Inu Growth Only 10%
$SHIB token’s value saw less than 10% growth in its initial week. The company’s marketing strategy caught on much later.
And even in the current week, Shiba Inu is nowhere near close to the new bep20 token’’s growth in value. The opposite in fact. The ERC 20’s value has dwindled slowly by 0.42% or nearly half-a-percent. The Doge Killer’s price fell from US$0.00001360 to US$0.00001205.
The actual token price of Golden Inu has only increased. Even in the bearish market, the new bep20 has trended in the green over the last 5 days. Its value increased from the initial listing price of US$0.00000000000127 to US$0.000000000002307.
Even consumers that missed the profit pulling opportunity at 300% and simply held, are still in a massive gain; there’s no ceiling in view currently.
The speculated reason for Golden Inu’s continued growth is ‘discovery’ and ‘actual technology.’ The team of developers behind the $GOLDEN token delivered the ‘Golden Quest’ platform before its launch on a public cryptocurrency exchange. No rival has done this.
And though it’s only the beta version, it still exists. According to the Golden Inu Facebook, the new crypto team partnered with the developers at DeWork.xyz to present the dashboard, which will be integrated to their native decentralized application aka DAPP.
All The Dog Meme Tokens Dropping Because…
Other dog-faced meme tokens like Dogecoin [$DOGE], Shiba Inu [$SHIB], Dogetti [$DETI], Floki Inu [$FLOKI], Baby Doge Coin [$BABYDOGE], and Baby Shiba Inu [$BABYSHIBAINU] have no utility. All have their potential and promised roadmap, but only Golden Inu has actually delivered.
As a result of failure to present utility, other tokens’ prices have been decreasing just as Shiba Inu. Dogecoin has suffered a 1.30% loss over the last 7 days. Floki Inu spiraled downwards at least 19.41% since last Thursday. Baby Doge Coin suffered a titanic sinkage, 20.99%. And Baby Shiba Inu sank 4.6% over the week, which is recoverable.
Dogetti has yet to launch, claiming to have raised $353,434 in their pre-sale on their official website. It’s unclear what the future holds for it.
Golden Inu Token Holders Want $1-Million Market Cap
Users on the official subreddit @GoldenInuToken have started campaigning to push the total market capitalization of the $GOLDEN token to US$1-Million-dollars. The group pushing for this milestone are part of the “Golden Horde” of supporters, who rival ShibArmy. If token value were to follow such a market cap as they target, the new cryptocurrency could see an increase in value of up to 9x today’s price.
Also, if the first job gets promoted on the “Golden Quest” ecosystem, it could create a rush of investment from career professionals looking to get paid from the Golden Inu Treasury.
Regardless, as of its first week, Golden Inu is truly the Shiba Inu Killer. And that goes from their social media activity over to the bep20 token price hike.
