GULF [GulfCoin], a project that revolves around the groundbreaking BEP-20 coin developed to honor GULF countries for their contributions towards crypto adoption, is approved from Dubai and five other countries. GulfCoin runs on the Binance Smart Chain [BSC], and was developed by a multinational team comprising some of the most talented people in the world.
GULF has successfully entered the realm of cryptocurrency in this period, which sees a growth in technological innovation almost minute-to-minutely. The team is committed to achieving the goal of having it ranked among the most prominent tokens in the industry, and the firm is carrying on with its journey continuously.
GULF’s vision is to make decentralized financial services widely known and accessible globally. GULF focuses on the community on Twitter, Telegram, and other social media platforms. GULF wants everyone to be a part of the digital ecosystem by actively participating in the imminent Web3 revolution. They strive to achieve excellence by adding real value within a project based-utility.
What are GULF’s Projects?
GULF is developing many products to make the lives of the virtual generation’s folks easier. Such projects include;
An NFT Marketplace; where users can buy, sell, collect and mint NFTs,
Gulf Cash; GulfCoin serves as a fiat currency in shops, e-commerce websites, etc.,
Gulf Exchange Platform, which will allow people to sell, buy and trade cryptocurrencies under a platform and an application.
Gulf Gaming—an on-chain play-to-earn game.
The ICO Progress of GULFCOIN
The initial coin offering (ICO) began on March 15th, 2022, and lasted through June 14th, 2022. On GulfCoin’s official website, The price for the ICO was $0.0279.
One billion coins were available for purchase during the ICO, and there was a surge in the GULF of 373.638.237 Coins. So, the SOFT CAP for the GulfCoin ICO was surpassed in less than a month. Stacking packages were also available for the ICO—Black, White, and Brown Horse—which gave up to 10% of the GULFCOIN amount as a reward.
During the ICO, GulfCoin ranked between 3900 and 4000 on CoinMarketCap. However, after numerous exchange listings, GULF rose to 2876 in less than 30 days.
Despite the bearish position of the market, the GulfCoin community continues to hold onto the coin even though it is in a precarious situation.
Between June 15th, 2022, and August 1st, 2022, GulfCoin was listed on LBank, BitMart, WhiteBIT, DigiFinex, P2PB2B and PancakeSwap.
Also, soon, It will be listed on xt.com and CoinTiger.
Recent Volume and Price of GULFCOIN
In the last 24 hours, the volume of the GULF COIN in total was nearly $2.6M, split across various exchanges;
$1.04M in LBank.
$889k in DigiFinez.
$305k in WhiteBIT.
$185k in BitMart.
$100k in PancakeSwap.
$139k in P2PB2B.
GULFCOIN has hit its ATH (all-time high), which was $0.1017 in the first month after the ICO. The coin’s price at the start was $0.025, and the ATH had a disruptive growth of 240%.
Recently, staking for GULF COIN started in July, and;
WhiteBIT offers an APR of 12% for 180 days,
DigiFinex provides an APR of 1.5% for 30 days / 5% for 90 days,
LBank gives the annual percentage rate (APR) on staking as 16.8%for 15 days.
When the GULF Exchange Platform is operational soon, staking will have the potential to generate an annual percentage yield (APY) of 36%.
The lowest possible price, also known as the floor price, for acquiring a coin will be $0.04. This will be the price potential holders can see for the token as the lowest possible value. GULFCOIN will ensure sustainability by providing a backup plan “cash reserve” as a guarantee.
What are the near future plans of GULF?
Another piece of information to share with the community and the new members who joined GULF lately is that six countries—Germany, Dubai, Serbia, Thailand, Mexico, and Hong Kong have accepted GulfCoin as a form of payment. Users will have the same ease of use with GulfCoin as with their credit/debit cards in any of those nations.
Individuals may use GulfCoin to pay for drinks or appetizers at the vending machine. Only in Dubai , there will be more than 500 locations where token holders can spend GulfCoin. Plans are underway to have GulfCoin available in other countries.
Gulfcoin has proven itself since its release. It has enormous potential, seen even before the ongoing and forthcoming projects. With the upcoming projects, GULF is undoubtedly a perfect coin.
For now, the price is around $0.07, but there is enough room for an unprecedented rise in value in the coming months.
The GulfCoin is a BEP-20 coin. The white paper was released in January 2022. The company behind GULF, GULF software and technology, is investing heavily in the expansion of its ecosystem. Its primary goal has always been to enable marginalized communities to embrace the digital revolution and improve their understanding of the digital realm. GULF seeks to increase the digital awareness of non-digital communities, empower them to transition from traditional to digital markets, and ensure the financial inclusion of marginalized communities. With more projects underway, GULFCOIN aims to be a comprehensive platform for users in the crypto space.
For more information, please contact:
Company Name: GULFCOIN
Company Contact Person:
Contact Person Title: PR officer
Company Website: https://gulfofficial.com/
Company Email: email@example.com
Smart Contracts; https://bscscan.com/token/
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