Golden Inu emerged as the top-earning memecoin on Friday (June 23rd) , surpassing well-known counterpart Pepe. While the $PEPE token relies primarily on name value, Golden Inu sets itself apart by emphasizing its utility and potential for growth. With a remarkable surge of 9%, Golden Inu showcases its resilience and ability to generate returns in a highly volatile market.
Golden Inu’s Focus on Utility and Growth
Unlike memecoins that rely solely on their popularity, Golden Inu distinguishes itself by emphasizing utility and long-term value.
The token has seen steady gains, accumulating over 8% in the previous 24 hours, bringing it closer to breaking the $0.000000000004 mark.
Apart from the BEP-20 token, Golden Inu in its second quest for dual-blockchain supremacy. It’s almost ready to launch its Ethereum Blockchain token on Uniswap. The new ERC-20 token is set to launch in less than 2 weeks. Currently in the Initial Coin Offering stage [presale here], experts predict the token will do between +1000% and +10,000% yields on early investments.
The strategy to be on two blockchain systems is a brilliant move according to many experts. No other memecoin has done it before. The reason for the BEP-20 and ERC-20 tokens is Golden Inu’s fast moving crypto ecosystem. Multiple crypto products, which will have cross-chain capabilities in time, are being produced by the ‘Shiba Inu Killer.’
Investing in Utility: Golden Inu’s Strategy
Golden Inu’s success can be attributed to its strategic focus on utility-driven initiatives. The upcoming launch of a new decentralized finance (DeFi) play-to-earn (P2E) game demonstrates the token’s commitment to providing practical applications and value for its holders.
By creating tangible use cases for the currency, Golden Inu distinguishes itself as a memecoin with real-world functionality, attracting investors who recognize the potential for long-term growth.
Pepe Banking on Name Value Alone
While Pepe may be a recognizable memecoin, its investment value primarily relies on its name recognition rather than inherent utility.
Unlike Golden Inu, Pepe’s growth potential may be limited without significant developments to expand its utility or use cases.
In the long run, investors seeking sustained growth and practical applications may find Golden Inu a more appealing investment option due to its commitment to long-term value and the introduction of new initiatives.
Golden Inu’s status as the top-earning memecoin on Friday highlights its distinct approach compared to its competitors.
By prioritizing utility and growth opportunities, the currency aims to set itself apart from most memecoins that rely primarily on name value. With impressive gains of 9% and ongoing efforts to expand its utility through initiatives like the upcoming DeFi P2E game, Golden Inu demonstrates its potential to generate returns and attract long-term investors.
The post Golden Inu Shocks Memecoin World — Beat Pepe Token as Top-Earning Crypto Friday appeared first on CryptoMode.