One of the most promising memecoins in the market today, Golden Inu continues to work towards establishing itself as one of the most “useful” tokens in the market.
And recent results showcase how the token is growing. On June 12, $GOLDEN surged by 178% in the span of 48 hours, practically tripling the holder’s investment overnight.
Since then, the currency stabilized around the $0.00000000000039 margin. However, previous price action indicates that this zone can prove a significant “breakout” zone.
The last time this area served as a ceiling, around the first week of March — the asset would soon after skyrocket in value. At the time, the currency broke through that resistance line and surged to trading above $0.0000000000013.
This incredible increase in value turned every dollar invested in Golden Inu into nearly $5.
Conditions Are Similar To The Previous Golden Inu Token Rally
Like what happened before according to chart analytics, Golden Inu is now going through a similar scenario.
At the time of the similiar pattern on the crypto price chart, the $Golden [bep-20 version] was a recently-debuted token on the Binance-Chain. The breakthrough happened as the currency started gaining popularity as the new “Shiba Inu Killer”.
Since then, the developers have been tirelessly working on implementing several features and applications in order to provide utility to the token.
And today, Golden Inu is ready to launch the $GOLDEN also on the Ethereum blockchain.
Going Cross-Chain: Catalyst for Growth
At first glance, the concept of the same token existing on multiple blockchains may seem counterintuitive.
However, Golden Inu’s developers firmly believe that going cross-chain will serve as the catalyst for implementing groundbreaking features that can propel Golden Inu to become one of the most “useful” memecoins available.
According to their whitepaper, both the ERC20 and the BNB versions of the token will help the developers implement projects like a new P2E game that will provide payments in $GOLDEN for its players.
In addition, the multi-chain token will also help the team to launch a new decentralized exchange that will allow users to swap tokens between multiple blockchains.
The post Analytics Suggest Golden Inu Token Ready for Another Price Surge appeared first on CryptoMode.
