Categories: MarketsMenafn

New Bep 20 token, $Golden, Likely To Break Through Major Resistance Line

One of the most promising new meme coins of 2023 recently became one of the most active currencies of the week.

As of right now, $GOLDEN appears to be bouncing back from its near 3-week downward trend starting in late March.

The reason for that retraction is likely due to the market as a whole being in shambles after major developments happened a couple of weeks ago.

Affected by one of the most important regulatory moves in history, major currencies like Ethereum, Polygon, and Solana are on the verge of becoming classified as “securities” by the U.S. Securities and Exchange Commission.

However, while the renowned currencies are struggling, new projects stand to make a name for themselves in the market.

Golden Inu recently retouched a major resistance zone in its price charts for the first time in over 50 days, indicating that the currency is ready to regain its momentum.

On June 13, the token entered the $0.000000000005 margin. This is significant since this zone served as a key resistance for $GOLDEN multiple times throughout its history.

[source=https://dexscreener.com/bsc/0xe4bcb1e96c175eacb505eaf7affe68b5f899798d]

This recent surge amounted to a nearly 200% profit for Golden Inu holders in less than 48 hours. What is more exciting for investors is the fact that this surge in price coincided with the end of the first round of the token’s pre-sale on the ERC20 chain.

In addition, the pre-sale is currently live for round 2, which can also represent an interesting opportunity for investors looking to make some gains while the major currencies are in a scuffle with the U.S. Government.

Funding Round Updates

As Golden Inu gains attention in the cryptocurrency market, investors are eager to participate in the private presale of this promising token. 

Those interested in participating in the funding must establish a digital wallet that supports Ethereum. 

Wallet options such as Zerion, TrustWallet, and Wallet Connect offer user-friendly interfaces and secure features, ensuring a seamless experience for users.

Once the wallet is set up and private keys are safely stored, the next step involves acquiring Ethereum from reputable cryptocurrency exchanges like MoonPay.

With Ethereum in hand, investors can access the Golden Inu private pre-sale by visiting the official presale page. This platform provides verified information about the presale, and users can find additional assistance through the provided live chat. 

By integrating their chosen wallet with the Golden Inu presale page, participants can proceed to purchase Golden Inu tokens using their Ethereum. 

Following a few simple steps and prompts, investors can acquire these tokens, which will be visible on their presale page.

According to the team, the launch of the ERC20 will pave the way for multiple projects that will allow holders to operate cross-blockchains, as well as introduce a new P2E game that will further provide utility to the token.

The post New Bep 20 token, $Golden, Likely To Break Through Major Resistance Line appeared first on CryptoMode.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

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