Anton Gamin

What Is Golden Doge (GDOGE)?

Golden Doge is a community-driven Binance Smart Chain (BSC) meme token that has built a “Golden Vault'' to earn holders a passive income. Following the patented formula of many meme coins before it, Golden Doge levies a 10% fee on every buy and sell transaction, which gets redistributed to existing coin holders.

The smart contract pays out rewards in BNB, which can be claimed every 24 hours. Holders can claim as many percent of the vault as they hold of the Golden Doge supply. For example, holding 5% of the total supply of GDOGE entitles you to a 5% share of BNB in the vault. Holders are incentivized to claim as quickly as possible since a lower absolute value of the vault results in a lower share claimable.

Who Are the Founders of Golden Doge?

Unlike many other meme coins, Golden Doge prides itself on having a “fully doxxed” team. In a video on its website, a team member named Mira introduces herself as the marketing manager of Golden Doge. She reveals that Golden Doge consists of 15 members in total, five full-stack developers with over ten years of experience and ten members in the marketing team.

What Makes Golden Doge Unique?

Golden Doge stores 10% of all buy transactions in its Golden Vault that holders can claim BNB from. Another 7% of every sell transaction is set aside for marketing and development expenses, so Golden Doge uses a comprehensive 10% tax on all its transactions. Transactions between wallets are also taxed at 10%, which gets added to the vault as well.

Holders can claim 24 hours after purchasing the tokens by connecting their wallet to the Golden Vault DApp. The Golden Vault gets filled with 5% of all GDOGE transactions every 24 hours.

Furthermore, Golden Doge offers a GDOGE swap, a decentralized exchange platform backed by Pancakeswap (V2 to swap any BEP-20 token for GDOGE. It also plans to introduce a GDOGE shop with t-shirts, mugs, and an NFT marketplace. Moreover, Golden Doge promises to develop a DEX tool similar to poocoin.app with unique features besides the price chart.

How Many Golden Doge (GDOGE) Coins Are There in Circulation?

Golden Doge has a maximum supply of 100 quadrillion GDOGE. 5% is reserved for airdrops for the community and locked in Dxsale.app. The other 95% are used for liquidity and for the presale. To keep its token deflationary, GDOGE uses a lottery system where participants buy a ticket at an approximate price of $1. Every 24 hours, one wallet is picked as winner, and 50% of the jackpot is paid out to the wallet, with 50% being burned and removed from the supply.

How Is the Golden Doge Network Secured?

Golden Doge is a BEP-20 token on the Binance Smart Chain. Its liquidity is locked by unicrypt.network for a full year.

Golden Doge lives on the Binance Smart Chain (BSC), the home of mny a meme coin because of fast transaction times and low fees. Similar to other meme coins of the Doge family, Golden Doge wants to benefit from the success of its bigger brother Dogecoin.

BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so.

When Will Golden Doge Trading Begin?

Golden Doge trading began on July 19, 2021.

Can Golden Doge Hit $0.01?

With a massive supply of 100 quadrillions, it is highly unlikely Golden Doge will ever reach $0.01. However, how much it can appreciate in value will depend on the community effort and the marketing push by the team. The success of Dogecoin showed that even meme coins could reach unexpectedly high valuations.

Where Can You Buy Golden Doge (GDOGE)?

GDOGE is available on Pancakeswap (V2).

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