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CoinGecko’s New Coin Index Now Features ERC-20 Token, Golden Inu ($GOLDEN)

August 28, 2023
in Crypto News
Reading Time: 4 mins read
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CoinGecko’s New Coin Index Now Features ERC-20 Token, Golden Inu ($GOLDEN)
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In a significant move, CoinGecko, the renowned cryptocurrency platform, has now unveiled the latest addition to its listings – the new ERC-20 Token, Golden Inu (GOLDEN), arriving to the list on Thursday at or around 6 AM Eastern. This listing instantaneously triggered a surge in trading activity for the ‘Dogecoin Killer,’ boasting an impressive uptick of +52% in trades.

At present, the value of the $GOLDEN [ERC-20] token rests at an incredibly modest $0.000000000023308 [USD]. Since its inclusion on Coingecko, this price has witnessed a marginal increase of 0.01%. This upward movement shows the potential impending price surge for the $SHIB token’s fiercest rival.

Golden Inu’s Momentum Persists: Unveiling the Beta Version of a Novel Play-To-Earn Game

This development closely follows Golden Inu’s highly anticipated revelation of the beta iteration of their revolutionary play-to-earn game, $Golden Inuverse. Engaging with gamers through the Crypto Coin Opps community forum, the masterminds behind this innovative gaming concept are addressing gamers’ queries and sharing captivating visual updates.

Significantly, the introduction of this new P2E game is crucial in reducing the available supply of $GOLDEN tokens. Initially, the BEP-20 tokens will undergo the burning process. The game’s impact will extend to the ERC-20 supply as time progresses. This will be primarily driven by selling $Golden Inuverse NFTs designed with in-game utility. Only a video of the Beta version has been released on CCO, but the official release is set to happen on the 21st of September. 

Anticipating a CoinMarketCap Listing

Coingecko’s recent addition of the Ethereum-blockchain version of $GOLDEN further solidifies the concerted efforts of the ‘Dogecoin Killer‘ brand to secure its position as the premier memecoin in 2023. As the vast community of crypto enthusiasts who diligently monitor CoinGecko takes note of this fresh entrant, the token’s value is poised to experience a significant surge over the ensuing 48 to 72 hours.

The earlier announcement by the Founder of Golden Inu regarding the imminent listings on CoinGecko and CoinMarketCap faced skepticism due to recent policy shifts within Coin Indexes. Nevertheless, Coingecko’s recent listing validates that promise and hints at a forthcoming listing on CoinMarketCap.

Unveiling Token Price Projections Post Coingecko Listing

Although analysts have refrained from providing an exact percentage for the potential surge in Golden Inu’s ERC-20 token value, historical trends suggest that new cryptocurrency listings supported by robust marketing campaigns tend to have value surges ranging from 10% up to an amazing  9000% during the inaugural week.  

The Golden Inu ecosystem’s sibling BEP-20 token saw a +750% after it was listed on both CoinGecko and CoinMarketCap.  Popular crypto traders believe the ERC-20 token will reach much higher numbers.

A subsequent market correction often follows the surge triggered by CoinGecko’s inclusion of a memecoin. Despite this, tokens frequently maintain higher values post-listing than their pre-listing rates, which presents a positive outlook for investors.

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Investment Insights: Procuring Golden Inu

Securing the Golden Inu token is a seamless process through the world’s leading decentralized cryptocurrency exchange, Uniswap. The prices reflected on CoinGecko closely mirror those available on this popular decentralized exchange.

In the forthcoming months, expect other cryptocurrency exchanges to join the fold and incorporate Golden Inu tokens, encompassing the new ERC-20 token and the BEP-20 coin. Given the cryptocurrency’s strategic focus on Latin America for upcoming ventures, it’s highly probable that Golden Inu will secure a coveted spot on MEXC, a prominent Latin American exchange.

MEXC boasts an impressive user base exceeding 10 million. A potential listing on MEXC could lead to a surge in daily transaction volumes and an influx of holders, potentially propelling the token’s price to new heights.

Emerging as a Fierce Competitor to Shiba Inu and Dogecoin

In the present landscape, Coingecko has included the ERC-20 version of the $GOLDEN ecosystem within its coin index listings (check it out here). It can be considered a resounding endorsement as CoinGecko is one of the biggest platforms in the crypto space. The coin’s double verification and the impending audit by Cryptoscope will further lay the foundation for the Dogecoin Killer to establish itself as a formidable rival against both $DOGE and $SHIB memecoins.

Watch the video below from a Generation Z crypto trader that seems to have caught the Golden Inu fever. An entertaining watch, he extends his ‘olive branch’ to all Dogecoin and Shiba Inu cryptocurrency holders to join the ‘Golden Horde’ crew.  

 

Crypto News Flash Disclaimer: This publication is sponsored. Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should conduct their own research before taking any actions related to the company. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.


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