Golden Inu Lists ERC-20 GOLDEN Token on Uniswap
Golden Inu, a meme coin platform, has successfully listed its ERC-20 GOLDEN token on Uniswap. The launch on Uniswap comes after a successful crowdfunding campaign that raised nearly $338,000 for development. Within 24 hours of the token’s launch, it gained approximately 19% and reached an all-time high. Over 80 traders bought coins on launch day, indicating investor interest in holding the token long-term. Currently, over 833 wallet addresses hold GOLDEN.
The Golden Inu Ecosystem
Golden Inu aims to bring “seriousness” to the meme coin market with its dual-token ecosystem. The ERC-20 token of the platform fulfills the goals of the ecosystem. The listing on Uniswap is just the beginning, as the team plans to develop a play-to-earn game and other utility-driven projects in the future.
The Golden Inuverse
Golden Inverse is a game that utilizes the Golden Inu token. Players start on one planet, and a new planet is added every 12 months. To participate, users need to have at least 1,000 GOLDEN in their wallet connected to the ERC-20 or BEP-20 network. While the game is free, users are required to hold GOLDEN. The first 111 users can enter for free, and subsequent users must pay an increasing fee in USD to join. Users can earn additional GOLDEN by inviting other players.
The Golden Exchange
Golden Inu plans to develop the Golden Exchange, a decentralized exchange for low gas rate token swaps between blockchains. This exchange aims to enhance the functionality of GOLDEN and other cryptocurrencies. It specifically targets Latin Americans who need access to decentralized exchanges.
The Golden Treasury
Golden Inu offers a unique value proposition with its Golden Treasury Smart Contract. This system maximizes rewards for token holders by gathering half of the profits from all of Golden Inu’s decentralized applications. These funds are then distributed equitably among GOLDEN token holders, creating a profit-sharing ecosystem. The more GOLDEN one holds, the larger their share of the earnings.
The Golden Inu Liquidity Pool
Golden Inu’s liquidity pool combines auto liquidity and burning Cake-LP tokens to create a shield against FUD (fear, uncertainty, doubt). The goal of the liquidity pool is to remain resilient during sell-offs and stabilize prices. It acts as a “shock absorber,” balancing sell orders effectively.
Hot Take
Golden Inu’s listing on Uniswap and its innovative initiatives, such as the Golden Treasury and the Golden Exchange, demonstrate its potential in the crypto market. With a dedicated community and a focus on utility and development, Golden Inu has already seen significant growth in its BEP-20 GOLDEN token. As the project continues to expand its ecosystem and add more value to its tokens, it has the potential to make a mark in the crypto industry.
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