The cryptocurrency market today is not what it was a few years ago. Now, it is a place controlled by a small number of people such as resource controllers, capital, and groups, who harvest the gains. Many people still pin their hopes on human nature when trading cryptocurrencies, which is truly sad. Without a mechanism that ensures the long-term development of the entire project, all the construction is merely a slogan aimed at slowly draining the retail investors' funds. This is why retail investors continue to buy as prices fall. For the current tokens, what will happen when those resource controllers, capital, and groups profit and exit? Besides endless declines, it will also cause panic within the entire community. Why did a token rise so high before? Because the controllers, capital, and groups in the past had some ethical baseline; they were also looking for good projects like retail investors. So when there was a good project, more and more funds would flow in, pushing the token's market value higher. But now it is different; the controllers, capital, and groups in the crypto space have already set up a trap, waiting for retail investors to come in. I haven't laid the groundwork in advance; no matter how well your token develops, I won't invest. Even with great news, I will just come, take a little, and leave. This is why all tokens entering Binance now are experiencing endless declines; all the funds from retail investors are in vain. How can we break this deadlock?
To break the deadlock, retail investors in the market must unite, insist on trading old tokens instead of new ones, and give up dreams of hundredfold or thousandfold returns. Let those resource controllers, capital, and groups continuously issue tokens to play with; resist the temptation to earn money from others. How much they earn, how much others earn, to hell with it, let them earn as they please.
Secondly, choose tokens that have a mechanism to ensure the entire project's sustainability. I believe that in the current cryptocurrency market, there is no better mechanism than the base price in the Smartdefi protocol. This protocol has a built-in base price function, meaning that for tokens issued based on this protocol, a certain percentage of buy and sell transactions will flow into the base price pool, providing a minimum guaranteed price for each token. Don't reject tokens with taxes; even a country needs taxes. Moreover, a project that wants to develop sustainably must have taxes for its development. This tax becomes the most powerful existence of a token. The funds in the base price can be withdrawn in two ways. The first way is to borrow against the tokens you hold, and the corresponding share of funds can be lent out without interest within a month.
The second way is to destroy your tokens through the base price pool and then withdraw the funds corresponding to the tokens you hold (this operation is only recommended when the market price is lower than the asset-supported price).
With the existence of a base price pool, all constructions are like water accumulating in a reservoir, and this water will increase, nourishing all the investors in the community. This way, one does not have to fear that speculators will use good news to undermine the liquidity of the entire project. Because when speculators come in and out, it will increase the trading volume of this token, and the more trading volume there is, the more funds will flow into the base price pool. This way, speculators can also contribute a little to the project. Therefore, for tokens with a base price, as long as the trading volume is strong, no one can stop their progress. The resource controllers, capital, and groups in the cryptocurrency market certainly do not want this system to thrive because once this system becomes popular, false trading will be exposed, and this system will make old tokens increasingly sought after, which is not conducive to their continuous issuance of new tokens to exploit retail investors.
This Smartdefi protocol was created by the popular Animal City FEG Gorilla 🦍 in 21 years. After four years of transformation, FEG has evolved from the original animal coin into the current Smartdefi protocol token with a base price, and it is also the governance token of this Smartdefi protocol, featuring base price, lending, staking, and adjustable token economics. It has a complete SD protocol system, including token issuance, presale, trading, community drainage, rankings, and real-time token viewing software, etc. One can say that FEG has achieved a qualitative leap in technology and ecology over the past few years, making it a high-quality investment project severely overlooked by the market.
I believe that the Smartdefi protocol of FEG can definitely change the current situation in the cryptocurrency market, allowing real communities and builders to win.
