Former Binance V.P. On TwitterFi — Golden Inu Prepared For Massive Burn
Xin Jiang, who used to be Vice President of Binance, recently talked about how quickly things are likely to change in the future of cryptocurrencies. Jiang talked about the game-changing possibilities of projects like TwitterFi and Golden Inu in a blog post. Each of these projects represents a different part of how the crypto world is changing.
TwitterFi: Making The Future Of Finance And Social Media New
It is easy to sense Xin Jiang's excitement for TwitterFi. He considers this endeavor to be at the forefront of a brand-new age in the world of cryptocurrencies, and more specifically in the field of decentralized finance (DeFi).
The new era of decentralized finance symbolizes the seamless integration of social media and finance, with the 'X' social media platform, formerly Twitter, ready to emerge as a financial behemoth. This new era of decentralized finance also represents the seamless merger of social media and finance.
It is not a coincidence that 'X' has just recently put in an application to run a payment system similar to PayPal in the same vein as that company. Because it indicates the possibility that 'X' would support cryptocurrency payments, including those made with memecoins, this recent development has stoked the anticipation of aficionados of cryptocurrencies.
Elon Musk's recent announcement that 'X' will not explore into creating its own cryptocurrency adds an exciting new element to this scenario. This comment clears the way for established cryptocurrencies like $GOLDEN to thrive within this prominent social media ecosystem, which is a positive development.
Making A Way With The Golden Treasury In Golden Inu
The Golden Inu community is buzzing with enthusiasm over its impending "Golden Inuverse" game, which comes at a time when there is a lot of excitement surrounding TwitterFi and the potential it holds for memecoins. In conjunction with the launch, Golden Inu is getting set to implement its innovative new deflationary mechanism, which will be known as the "Golden Treasury."
The Golden Treasury is prepared to change the memecoin landscape by intelligently allocating fifty percent of the entire revenue earned by the game and other decentralized applications within the Golden Inu ecosystem. This will allow the Golden Inu ecosystem to become a leader in the memecoin industry.
This money will be put to use to repurchase $GOLDEN tokens from the market, and then put them through a procedure that will permanently remove them from circulation by burning them in a methodical manner. The ultimate objective is to bring about an effect of scarcity by dramatically limiting the amount of $GOLDEN that is readily available.
Despite the fact that there is a 7% slippage rate when buying or selling the token, the 'Shiba Inu Killers' project has provided investors with one of the highest returns on investments of any project in the memecoin universe thus far in 2023.
A Confluence Between Creative Thinking And Forward Thinking
A compelling story emerges at the point where Xin Jiang's futuristic vision, as embodied by TwitterFi, and Golden Inu's cutting-edge deflationary strategy, as embodied by the Golden Treasury, converge.
TwitterFi is Xin Jiang's realization of his dream of a future in which social media and finance will be inextricably intertwined. The entry of the 'X' platform into the realm of payment systems prepares the door for the revolutionary use of bitcoin, establishing TwitterFi as a driving force in the industry.
In the meantime, the token-burning process of the Golden Treasury signifies a fundamental shift in the functioning of memecoins. Because the supply is decreasing, there is a possibility that $GOLDEN will appreciate, and at the same time, 'X' is helping memecoins to achieve values that have never been seen before, which means that now is the greatest moment to invest in assets such as Golden Inu.
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