Benzinga

Launching Of NewGold Token With Innovative Idea On Scarcity Strategy

The launch of NewGold token is near. It is different from all other cryptocurrencies because they created only 10,000 tokens as the total supply and it will never be minted forever, while other cryptocurrency founders created their coins or tokens in large quantities; in millions, billions and trillions. They are using economic strategy of limited supply and high demand, and the principle of rarity. These strategies will make NewGold tokens to be very scarce and valuable. Gold and Diamonds are valuable because they are limited in supply. The launching will take place on 1st January 2024, and the price of 1 NewGold is fixed to start at $1000 USD because they are limited in supply.

London, United Kingdom, 30th Nov 2023 – It is exciting to announce the launch of NewGold token. NewGold have an innovative idea to make it scarce and valuable. It is different from all other cryptocurrencies because they created only 10,000 tokens as the total supply and it will never be minted forever, while other cryptocurrency founders created their coins or tokens in large quantities; in millions, billions and trillions. They are using simple economic strategy of limited supply and high demand, and the principle of rarity. These strategies will make NewGold tokens to be very scarce and valuable. Gold and Diamonds are expensive because they are limited in supply. The launching will take place on 1st January 2024. It will be nice to learn more about such token that will be few in supply. Since the launch is starting in few weeks time, NewGold tokens are available now. On the launch day of these limited tokens, the starting price has been fixed to start at 1 NewGold for $1000 USD. The rate will start from this point because they are limited. NewGold team also want to announce that the the private presale is ongoing. The public presale will start in few days time at Vindax Exchange. The price has been fixed to run in 4 phases;  starting from $1, $8, $42 and $92 USD. Before and after the launch of NewGold token, they will embark on massive marketing to have large user base, this will create massive demand on these limited tokens. The high demand will put pressure on the limited tokens to become very scarce and will eventually become very valuable. NewGold token is built on bep20 smart chain network, decimal 18, and it’s total fixed supply of 10,000 tokens cannot be minted again. As we wait for the launching of NewGold tokens to take place in few week’s time at the exchange, to those who might need to have NewGold, there are available 30% (3,000 newg) of the total coin supply. You can have them if you want. In many businesses, early starters seem to benefit alot. NewGold token is a goldmine that people might need to study, verify and consider before it’s launch date on 1st January 2024, before it will become scarce and expensive. You may need to study further about how the launching and the presale works because this is not a trade or investment advice. For further information about NewGold token, please visit the website below, contact NewGold team by email or via telegram.

Media Contact

Organization: NewGold International

Contact Person: Royal Daniel

Website: https://newgold.app

Email: Send Email

City: London

State: London

Country: United Kingdom

Release Id: 3011238032