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- The Golden Inu [$GOLDEN] token burned a 0 from the right of the decimal this weekend.
- The cryptocurrency’s market cap soared as high as $600k before finding correction.
The reason for the crypto moon shot, Golden Inu was added to CoinMarketCap and CoinGecko in a 24 hour span. Currently, the market cap appears to be stabilizing around US$520,000. This token’s value is US$0.00000000001022.
The new price is over a +50% increase from where the token’s value was on Friday, March 24th. This parallels the current market cap increase, which is also over a +50% increase.
Cryptocurrency Reserves & Liquidity
The liquidity pool of the token has increased to US$114,000. It has edged up 5% close to the market capitalization [value of tokens being traded]. This means the $Golden token is getting closer to having a $1-to-$1 backing on every token traded.
Currently able to liquidate 20% of the market cap, Golden Inu Token can survive bankruns that other popular cryptos cannot. This includes Bitcoin, Shiba Inu, Dogecoin, Floki Inu, LiteCoin, Ethereum, and more.
Golden Inu Token Aims To Get Listed On Binance Exchange
The inspiration of having such a large proof of reserve is Binance CEO CZ’s motto — “you must have 1-for-1.”
On twitter today, the crypto brand tweeted this about having such a 10-year-locked liquidity pool that grows with each buy or sell token transaction:
“Since the Golden Inu token is on the BNB-Chain with hopes to be listed on the @binance Exchange soon, our liquidity pool and PoR were a priority in planning. We respect that @cz_binance [Changpeng Zhao] has a vision for premium service & security for consumers on everything related to #Binance. The $Golden token & its ecosystem will follow his lead and example on reaching prosperity and decentralization of finance.”
Being listed on Coin Market Cap and Coingecko will also aid in the path to Golden Inu Token being added to Binance’s crypto exchange. The daily token transaction volume topped US$20,000 for the first time this weekend, gaining priority passage onto the top cryptocurrency indexes.
Golden Inu’s Upcoming Crypto Tech
Over the week, various websites that utilize CMC’s index listings app will also begin to populate information on the Golden Inu token.
The $Golden Dashboard, which is the second web3 application released for token holders is also coming shortly. It’s slated to release before April 15th.
Data from the Dashboard will be used to launch the $Golden Bazaar, a crypto marketplace platform. Here token holders will be able to buy & sell services to other members of the community. However, there’s no release date yet for the $Golden Bazaar.
The loyalists of the BNB-chain based token have congregated on both discord and reddit to discuss the latest mentions and occurrences from the brand.
