The new up-and-coming cryptocurrency Golden Inu continues to impress with its performance over the past couple of weeks.
Initially reported by CCO on February 22 about its listing on PancakeSwap, since then, its value has soared, surpassing the combined value gains of Bitcoin, Dogecoin, and Shiba Inu over that same time period.
$GOLDEN gained over 150% in value, going from $0.000000000002126 to $0.000000000005327 in ten days. This ultimately means that early buyers have already tripled their initial investment in less than two weeks.
Furthermore, the “Shiba Inu Killer” gained 26% in value in the previous 24 hours and is displaying no signs of exhaustion so far. Its market capitalization also grew threefold in the previous week, going from $100k to nearly $300k in that period.
Binance Investing in Crypto Liquidity
Recently, the CEO of the world’s largest crypto exchange, Changpeng Zhao, announced that his company is investing $1 billion in an attempt to “rescue” the cryptocurrency market from the impending crisis it has found itself in since the FTX collapse.
This decision is also great news for up-and-coming assets under the BNB smart chain, such as Golden Inu.
On Twitter, the official account of the team behind the project celebrated the news by stating that “increasing liquidity in crypto,” I a huge win for Binance, because it is bound to help grow smaller projects like Golden Inu.
What To Expect For The Future Of Golden Inu
Differently from 99% of the meme coins in the market today, the project intends on growing and creating a democratic DeFi platform in order to grow and expand its offerings.
In Phase 2 of development, the project plans to explore and implement NFTs, creating unique and valuable digital assets that can be used for various purposes with their Dapp.
Additionally, the project plans to launch a foundation or charity program that donates a portion of the Golden Treasury profits to a social cause or environmental initiative.
Golden Inu also intends to partner with social media influencers or content creators to promote the project to their followers and expand the reach and impact of the project’s message.
The project aims to get listed on different wallet and exchange platforms to make the token more accessible and visually appealing. Lastly, Golden Inu plans to launch a merchandise store that sells branded products to raise brand awareness and generate additional revenue.
As the project continues to develop and expand, investors hope to see exciting new developments and even more opportunities for growth.