It appears crypto traders are sensing a ‘storm’ on the way. As the SEC has sued both Binance and Coinbase this week, most crypto traders appear to be putting their money into $USDT stable-coin, while others are looking for opportunities in the panic, investing in the Golden Inu presale.   

Golden Inu token, which is a lesser known brand than Tether, has still managed to see a steady increase weekly in their initial coin offering (presale).  The SEC case against Binance & Coinbase seems to have traders looking for new investment ‘gems,’ especially ICO sales.

Golden Inu token   Set to go live on UniSwap in 30 days, contingent upon the soft cap of ~US$40,000 being reached.  The opening day price will be 25% higher than its initial coin offering price of today, giving a fast return on investment to traders.

The $Golden token will be Golden Inu’s first cryptocurrency on the Ethereum blockchain.   It will be used to help lower ERC-20 token gas fees via allowing cross-chain swaps.  That swapping will be done on an upcoming application from the Golden Inu token developers.

Also, there’s a chance the Golden Inu Ecosystem’s native token will be used for the upcoming play-to-earn game, $Golden Inuverse.

Nearly $33-Billion in transaction volume was done over the last 24 hours, making Tether the #1 traded cryptocurrency today.  CoinMarketCap crypto index reports the exact total of Tether ($USDT) transactions done reached US$32,848,530,562.

The other two cryptocurrencies on the charts for ‘top 3’ by transaction volume are Bitcoin and Ethereum.  The $BTC crypto-coin reached US$23,841,679,021 or nearly $24-Billion dollars in transactions. 

The $ETH coin, which some speculate has the highest ceiling in crypto, was not close to Bitcoin nor Tether. It reached only ~40% of Bitcoin’s volume, totaling  $9,339,354,660 in trades over the last 24 hours.

Though Binance & Coinbase being sued by the SEC may have much to do with the sudden shift of funds to $BTC and $USDT, crypto traders are rallying against the storm. The Binance stablecoin, Binance US ($BUSD), is still riding high as it ranks #6 on the charts of top cryptos by volume.  And Binance’s native token, $BNB, is sitting firmly at #9 of the top 10 on the list, seeing over US$20,000,000 more in transactions than the tenth seed, Litecoin ($LTC).

Bottom line however, crypto traders are standing tall in the war being waged by the US government’s Securities Exchange Commission [SEC].    There’s even some speculation this will be the US government’s way to ‘shake down’ crypto prices so smart money, the institutional investors, can officially open trading to their clients and corporations.   If this turns out to be true, this could be the last time coins like Bitcoin [$BTC], Ethereum [$ETH], or even Golden Inu [$Golden] will be able to yield astronomical returns on investments.

None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.