Golden Inu Ahead of All Meme Coins

Following the Federal Reserve’s confirmation of an interest halt this week, cryptocurrencies saw a favorable price action. However, affected by the immense pressure of SEC’s lawsuits against Binance, mainstream tokens hardly had any impactful price changes over the week.

In the meantime, meme coins enjoyed a favorable couple of days. While Dogecoin only saw a 1.21% increase, Shiba Inu grew by 8.3% while PEPE went up by 3.%.

In fact, nearly all of the relevant memecoin tokens have seen an increase over the past seven days. This market movement solidifies the claims that investors are looking for more volatile tokens in order to make their money’s worth while regular cryptos are caught in a regulatory battle.

Golden Inu Leading The Memecoin Race

While it’s true that memecoins are currently trading in a favorable manner, one specific token is outperforming all its competition on the weekly charts.

The Golden Inu Token, a currency that debuted in February on the Binance Chain, is currently boasting an incredible 178% increase over the past seven days.

The asset gained momentum as the devs announced the new funding round for the project. 

On January 12,  $GOLDEN [bep20] surged by nearly 500% in one day as it regained the $0.000000000005 margin. After that, the currency retracted to $0.000000000004 — but investors who held the token throughout the week are still boasting of near 200% gains.

Furthermore, the official Twitter account for the currency announced that the second round of funding is already live. If this round is as successful as the first one was, $GOLDEN holders will be very happy investors by the end of the month.

Furthermore, this attempt at gathering funds is aimed at reinvesting the money into new projects that will provide more utility to the token. As of today, the team behind the digital currency is working on creating a new P2E game based on Golden Inu.

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