Recently, the up-and-coming meme coin Golden Inu is further cementing its place in the cryptocurrency space.
The asset just surged in value by an astounding amount, putting nearly all of the top cryptocurrencies in the dust.
$GOLDEN went up by 35%, going from $0.000000000002134 to $0.000000000003394 in the span of 10 hours. Binance Smart Chain’s new favorite meme coin also grew its market cap by 50% in that same time period.
Meanwhile, bitcoin and Ethereum are both down by about 5%, while the top meme coin, Dogecoin, is on a nearly 11% decrease.
The recent performance of $GOLDEN sheds light that, while investing in new cryptocurrencies can be seen as riskier, the chance for seeing investment returns are a lot bigger.
In fact, since being listed on the PancakeSwap platform on February 27th, $GOLDEN has gained popularity since the asset and the team can be seen as more deserving of investments.
What Makes $GOLDEN Special?
The meme coin was created by a group of former Shiba Inu investors, who eventually grew tired of the mishandling of the constantly-postponed “Shibarium” launch.
The team then decided to put matters in their own hands, aiming to create a new meme coin that would look to build a community of investors, dubbed the “Golden Horde”.
The Horde offers its members the opportunity to not only invest in $GOLDEN but also be financially compensated for offering their services and skills in the development and advertisement of the cryptocurrency.
The “Golden Horde” plays a pivotal role in development. The project places a strong emphasis on prioritizing the interests of both investors and the wider community, which is reflected in its use of a Decentralized Autonomous Organization (DAO).
The DAO model has the potential of creating a more equitable and democratic system, which drastically makes Golden Inu stand out against its competitors in the cryptocurrency market.
Golden Inu also offers the chance to complete “quests”, in order to be financially compensated in $GOLDEN.
