1. Cryptocurrency popularity (both good and bad)
As a popular animal coin in 2021, FEG once had more than 1 million dual-chain holding addresses. Since March 2023, the new coin has been upgraded to a SmartDeFi protocol with a base price and interest-free lending. So far, the upgraded FEG dual-chain holding addresses are 72,579. Compared with the old FEG, a large number of users are waiting to be activated. Once activated, it is bound to reproduce the peak of 2021.
2Project Party
It is easy to give up a project and start over in the cryptocurrency world, but it is not easy to persist in the face of difficulties. Feg can be said to have come all the way through hardships. No matter what difficulties it encountered, it did not choose to give up, but tried every means to get out of the predicament. In the cryptocurrency world, such a project is hard to come by and is worthy of investors' trust.
3. Technology
The SmartDeFI protocol is completely decentralized and independently created by rox, the founder of feg. It is unique to the currency circle. The protocol has passed the audit of Paidun. At present, in order to ensure the interests of investors, the protocol is not open source. The original upgradeable and unlimited reward pledge protocol has passed the audit of Paidun and can be released with one click. The sd deployer of the SmartDeFi protocol has passed the audit of Paidun and will be released after the public beta. The first token-free pre-sale platform without token pre-sale has passed the audit of Paidun and will be released after the public beta. To be delivered: aggregator, FTW (on-chain point-to-point transaction) The core code has been built and is waiting to be improved, tested, audited, and released
2fa wallet, the project team demonstrated the technology at the 22nd Dubai Blockchain Conference, announced the wallet mnemonics, and launched a cracking challenge. The wallet assets are safe so far.
4 Ecology
SmartDeFi protocol allows FEG to have a guaranteed amount of BNB and ETH as asset support, which will only increase and not decrease. The pledge agreement allows FEG pledgers to obtain FEG currency, and they can also obtain unlimited SD tokens issued and pledged based on the SD protocol. The income generated by the aggregator and FTW will be distributed to pledgers in BNB or ETH.
All SD tokens using tokenless presale will be forced to pair with FEG for at least 30% of liquidity (e.g., if an SD project presells 100 BNBs through tokenless presale, and 10% of them are used for base price and 90% for liquidity generation, then at least 27 BNBs are needed to buy FEG and then pair it with the SD token)
5. Community
FEG was recently hit by a data crash of an exchange and the Ethereum chain, which hit 6 billion. The Ethereum chain was once hit to 0.00009u. After the community's confrontation, community members bought a lot of bottoms in the exchange and launched a coin withdrawal campaign. So far, the currency exchange has been forced to buy FEG on the chain at a high price to deliver the realization. The current FEG Ethereum chain price is 0.00038, which has increased four times from the bottom. The community is still constantly making coin withdrawals. The FEG community has erupted with strong cohesion and execution in this man-made ordeal. Such a community can achieve great things.
5. Mismatch between Value and Technology
feg token with base price, interest-free loans, unlimited staking rewards
Binance Chain: 22 million market value
Ethereum Chain: Market value of 18.8 million
6 Probability of Success
When the technology is recognized, the price of technology coins will take off. FEG's technology: SD protocol, no token pre-sale, FTW, 2fa wallet, no matter which one is recognized, FEG will take off.
Remember, as long as one SD token takes off, the SD protocol will also go viral. I don’t need to tell you what will happen to FEG by then.
A large number of exchanges are waiting
To sum up, this kind of feg has the gene to grow a thousand times, so this is why I say you must not miss the reason for feg