- A Crypto whale alert for the Golden Inu token ecosystem was made yesterday.
- A new investor spiked by the binance-chain based tokens’ value.
The trader made a purchase via PancakeSwap exchange much larger than the previous 30 days of day-to-day buyers of the new coin. Totalling over 6 $BNB coins in value, the $Golden buy-in increased the liquidity pool by 2% [cash fiat]and pushed up token value by 12%.
Why The Sudden Whale Activity with Golden Inu Token?
The reason for this purchase is likely the coming technology. Three applications are slated to be added to the DAO-structured Golden Ecosystem later this year:
- $Golden Inuverse — Play-2-Earn Crypto Game
- $Golden Inu Exchange — Decentralized Crypto Exchange
- $Golden Bazaar — Crypto commerce platform. Mentioned but no roadmap or extensive detail yet released.
These 3 applications together, once running, will create a behemoth of activity for the Golden Inu token. And they will even bring together the Binance-Chain and Ethereum Blockchain communities, once complete. It’s even possible the $Golden token will help lower the gas fees of erc20 tokens — a plan for the DEX, though this is not confirmed.
Trust has been given because Golden Inu launched 2 applications for novice traders & opportunists previously this year:
- $Golden Dashboard — Data simplification tool. Aids novice & expert traders to build better trading habits and consciousness.
- $Golden Quest – collaborative project with Quest. Get paid to work on the Golden Inu ecosystem.
Add onto these facts that the Golden Inu creator has been vocal the entire time, even hosting Telegram chat Q&As, and maintaining a healthy liquidity pool — hence, no rug pulls, no scamming.The sudden whale activity could be signs for the start of a new bull cycle with the $Golden cryptocurrency.
With the new P2E game on the horizon, perhaps this one crypto trader has privy information on how the game will affect the $Golden crypto’s value or just trusts analytics that exist on what a play-to-earn cryptocurrency game can do for early investments.
New Play-2-Earn Game Will Change A Lot For This Coin
The “$Golden Inuverse,” the brand’s first play-2-earn game, will begin its debuting process next week. According to the P2E Game’s roadmap, the official landing page launches next week.
Once profile registration is opened, its expected ‘111’ users will be allowed completely free entry (rumors) onto the crypto-earning game. And there will be in-game purchasing options that range from special characters and weapons to cross-planetary travels.
Every user that registers will have to connect their wallet to the platform. Users will also have to show they are a part of the Golden Inu community by having a minimal amount of the $Golden tokens in their wallet.
Free registration is expected to be a ‘sell out’ within days. Various Play-To-Earn crypto gaming communities, which have over 100,000 users collectively, have already been discussing $Golden Inuverse’s release.
The new activity should increase the daily trading volume of the $Golden token tremendously. The trickle down effect of this activity will boost the $Golden token’s branding value and visibility across various coin indexes. This includes the top cryptocurrency indexes CoinMarketCap, CoinGecko, Coinbase, and Binance. The ‘boom’ in activities should also have a positive effect on the Golden Inu token price.
For now, the Crypto Whale of the “$Golden liquidity pool” has claimed nearly 2% of the brand’s value and seems to have a ‘hunch’ on where this “Shiba Inu killer” cryptocurrency is going. And the sizable trade has become the symbol of confidence in a brand that proved many ‘Fudders’ [doubters]of the crypto community wrong.
A crypto whale is considered any trader that can purchase enough tokens to influence the value of a token or crypto market significantly. The new $Golden bag holder has enough coins to influence Golden Inu token value by double digits until the market capitalization passes US$500,000.
The sibling token of the bep20, which is currently live on PancakeSwap, will release on the Ethereum blockchain later this year. It will allow ‘swapping’ cross-chains in time. For now, the token is available via the official website [token presale here]. The erc20 token will not be used for the $Golden Inuverse game. It will only be used in conjunction with the $Golden Inu Exchange and $Golden Bazaar platforms.
The buy of over the 6 Binance [$BNB] coins by the new $Golden crypto whale, which came via PancakeSwap, actually values significantly more than the sum of the tokens themselves. Every ‘buy’ or ‘sell’ contributes to the Golden Inu ecosystem. Traders must increase slippage (transaction fees) to 7% to buy the token. Every $1,000 (USD) transaction in Golden Inu, actually values US$1,070.
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CryptoNews media outlet just co-signed the Golden Inu token on CoinMarketCap. Traders can purchase the bep20 token on the popular decentralized exchange, PancakeSwap. A video on how to purchase Golden Inu Token can be seen below.
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