What is Goldex Token

Article Summary, Automatically Generated By AI

Summary of Goldex Token

  • Goldex Token is formed by asset funds algorithm to prevent manipulative price movements.
  • The algorithm works with instant transaction prices in world stock markets to prevent big fluctuations.
  • The base price of each GLDX starts at 1.1 USD, divided from commodity averages.
  • The algorithm increases the value until funds reach 1:1 equality.
  • With a reciprocal transaction volume of approximately 9M, a Goldex token can reach 96.8 USD, an increase of approximately 88 times.
  • Key numbers: 1.1 USD, 88, 200K, 9M, 96.8 USD.

Introducing Goldex Token: A New Era in Cryptocurrency

Goldex Token is established through a sophisticated algorithm that amalgamates various asset funds, thereby preventing manipulative price movements. This mechanism, which operates at predetermined rates, interacts with instantaneous transaction prices in global stock markets, serving as the primary driver of pricing. By doing so, it acts as a bulwark against drastic price fluctuations. The base price of each GLDX is derived from the division of commodity averages, which are currently used to evaluate mutual funds, with an initial starting price of 1.1 USD. The algorithm, commencing at 1.1 USD, continues to appreciate in value until the funds achieve 1:1 parity, dividing the initial allocation (88:1) with a volume of 200K (buy + sell) in sequence. In simpler terms, with a reciprocal transaction volume of approximately 9M, it is possible for a Goldex token to reach 96.8 USD, representing an increase of approximately 88 times in a remarkably short period.

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