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Golden Inu's new ERC-20 token presale [see here] is almost complete. It has less than 4 days left on its countdown. Crypto whales could also consume the remaining 17ETH of discounted $Golden tokens, closing the ICO presale's second round early. After completion, the ethereum-blockchain version of the Golden Inu token will launch on ERC-20 friendly crypto exchange, Uniswap. On the exchange, new tokens grow +208% in value on average [report], but the $Golden is expected to go even higher. This 'Shiba Inu Killer' is poised to dethrone $SHIB in terms of return on investment, and investors now have clarity on why.
Keep in mind, Golden Inu tokens were created by a former $SHIB holder who sold all of his tokens in late 2022. Known as "Golden Takeishi," the technology savvy investor got frustrated with the now-rival's failed promises and decided to create a crypto ecosystem that fixes every flaw that's been exposed by Shiba Inu since 2021.
Shiba Inu [$SHIB] token has incredibly low fiat reserves in comparison to the value of the tokens distributed to consumers. Just as FTX crashed when there was a bank run against SBF and his disgraced exchange, the numbers indicate the same could happen to $SHIB.
According to Livecoin watch, Shiba Inu has a liquidity pool reserve of $36.347-million dollars. This massive amount seems impressive until one realizes there are nearly 589-Trillion $SHIB tokens in circulating supply — an even more incredible number.
The total value of these trillion of $SHIB tokens is listed as $4.308-Billion dollars, the Market capitalization. The value of tokens divided by the actual cash reserves means Shiba Inu could only liquify [or pay traders] $1 per $11 of what they would be owed in a full-out, 100% bank run.
The saving grace for Shiba Inu however is that top crypto exchanges like Crypto.com and Binance have major stakes in the brand. In the event either of these two have an issue where they need to cash out their $SHIB tokens, the world of Shiba Inu would likely go into a firesale.
On the other hand, Golden Inu token was created with a requirement of 7% slippage by traders. This is essentially the gas fees to buy or sell the $Golden token. Though it may seem high to some, this is why the "Shiba Inu Killer" has a better liquidity ratio.
Known as its 'auto-liquidity' system, half of the slippage fees from traders is auto-deposited into a 10-year-locked fiat reserves account for each of the $Golden tokens. The tokens that are used to pay the slippage are burned forever, lowering the overall Golden Inu supply.
This auto-liquidity deposit will eventually give the Golden Inu token more than enough cash reserves than the value of active circulating supply of tokens aka market cap.
Of the two $Golden tokens, only the BEP-20 has a live representation of this liquidity system. The ERC-20, now in presale stages, will follow the same model however. Liquidity pool data of the Binance-chain version of the $GOLDEN token can be verified via PancakeSwap or Dex Screener.
According to Dex Screener, the Golden Inu [BEP-20] token has a liquidity pool of US$83,000 . The circulating supply of tokens has a value of US$209,000. When dividing the Shiba Inu killer's market cap by the cash reserves, it's far safer for investors than it's rival.
Golden Inu has sufficient cash reserves to cover $1 per $2.51 in tokens circulating on the market. And the gap is closing further by each week. It was reported $1-to-$4 just four months ago in March 2023, a documented growth.
With Binance currently in hot water with the US SEC, traders may want to consider these liquidity issues. The world's #1 exchange will not go down without a fight but it also will not keep holding onto the Shiba Inu token when it has no true utility, in the case they have to liquify assets to survive or become legally bound to only support crypto tokens that only have use.
The Golden Inu token has utility on the other hand. Users are already taking advantage of the QuestN job platform, which pays out in $Golden tokens. Professionals can work to help build the crypto ecosystem that revolves around the $Golden token and earn $Golden while doing so.
Though the project was a collaboration, people are using it. Thousands of dollars have been earned by professionals to date, as verified by QuestN. This job platform started the 'user habit' of accepting and trading $Golden tokens. There is no actual 'need' for Shiba Inu by any platform on the other hand.
And Golden Inu is continuing to develop additional crypto products for the ecosystem. The first collaborative project was just a start of applications dependent on the $GOLDEN token.
The next crypto product to release from the Shiba Inu killer is "$Golden Inuverse." The official website was launched in its complete form yesterday, June 5th.
This new play-to-earn crypto game has thousands of users interested. It will compete with the likes of Sandbox, Axie Infinity, CryptoKitties, Alien Worlds, Farm Worlds, Splinterlands, and other multi-million dollar valued crypto-entertainment brands.
Again, this is a product focused on allowing its crypto-ecosystem's users to earn money while adding to the token brand's value. $Golden Inuverse will hyper-energize token trading volumes, heightening the overall ranking of Golden Inu on all cryptocurrency indexes — CoinmarketCap, Binance, Coinbase, Crypto.com, CoinGecko, LivecoinWatch and others. Increasing the crypto's ranking on these powerful sites will give better brand visibility to millions of crypto traders around the world, which exponentially increase a token's value.
When looking at Shiba Inu and the $SHIB token, what actual product has the brand produced that will generate user demand daily?
The Metaverse is promised. The brand is selling land plots. This could turn into something phenomenal but based on the brand's track record, how long will it take?
The overly-complex rhetoric of the brand and stoic quotes all paint a 'golden' picture but nothing innovative or motivating of user habits has been debuted to date.
And when speaking of dates, Shiba Inu is far older than Golden Inu. The $SHIB cryptocurrency was created in August of 2020. In late 2021, the ERC-20 token's value hit an astronomical high, yielding an incredibly massive +15,000,000% to investors.
Sadly, those days are gone. Prices have retracted and normalized. There are far more cryptocurrencies on the market now. And there's not many people who can 'discover' Shiba Inu that are familiar with crypto.
There's still a great chance of high yields from today's token price if the "Dogecoin Killer" releases an innovative crypto product and gets major commercial acceptance. Wishful thinking but not even billionaire innovationalist Elon Musk has been able to make that happen.
![Golden Inu [ERC-20] Token Will Launch on Uniswap in 4 Days](http://media.assettype.com/analyticsinsight%2Fimport%2Fwp-content%2Fuploads%2F2023%2F07%2FPicture4-6.png?w=640&auto=format%2Ccompress)
Golden Inu's tokens, both of them, are just starting. The Marketcap of the BEP-20 token is under $250,000 still. If it continues growing and reaches the $100MM market cap which many memecoins do, there's an incredible amount of space for profits to be had from today's ICO presale prices.
Not only that, as the $Golden Inuverse and other crypto products released by the official 'Shiba Inu Killer' become more popular it's more than probable that token prices will be affected positively
Bottom line, if Golden Inu continues producing, the ceiling of potential looks far higher from today's token value.
Shiba Inu has seen its heyday, but it would take far more to move its token value in a positive direction than a fledgling $GOLDEN token, either BEP-20 or the ERC-20 in its infant ICO presale stage today.
Vitalik is the verified founder of Ethereum. Charles Hoskinson is verified as having founded Cardano. Anatoly Yakovenko is the verified co-founder of Solana, though his partner is less visible.
These brands were once verified by services like AssuredDefi and Cryptowolf. Both of these verification services also verified Golen Inu's founder.
Shiba Inu on the other hand is supposedly founded by the mysterious "Ryoshi," whom no one can verify. Several have tried, but the true identity of the founder has not been verified by any 3rd party source.
While Shiba Inu is not 'wrong' for keeping a founder's identity private in a decentralized finance world, it does indicate there's a higher risk in trusting their crypto brand.
In Crypto however, again, it's not uncommon for a token to have a private founder and/or owner. However, most would agree that trusting your money with a brand that's had no measure of assurance that the owner could be held accountable for a rug pull or scam, it's very strange.
Overall, the Shiba Inu brand has more history and a much bigger funding pool to pull from. The brand has a more established identity and may be trusted more for this.
However, when looked at from a factual perspective, the $SHIB future does not have as high of a ceiling as Golden Inu's tokens. It's already reached a pinnacle of value and retracted, which is unlikely to be a moment re-lived for traders. And last, there's been too many broken promises, which has lost the confidence of the crypto world's version of smart money investors.
Golden Inu's presale is a better alternative. Both the BEP-20 and ERC-20 tokens have bright futures. The ethereum-blockchain version of the token is fresh and in presale, making today the absolute best chance for investors seeking top-dollar yields.
Many Shiba Inu holders are already migrating over according to the presale wallet of Golden Inu's new ERC-20 token. Crypto plankton, shrimp, sharks, and whales appear to be dollar cost averaging into the project daily.
It's up to every crypto trader to do their own research before investing, but the writing on the wall is clear to see.
In just 4 days, the Golden Inu [ERC-20] token ICO presale will end. Shortly after the Uniswap listing of the $GOLDEN token will happen. Yields will still increase from there, but the 'entry price' will be higher and post-DEX listing investors will only wish they had bought in during the Initial Coin Offering.
