The FEG Token team is buzzing about the imminent launch of the Smart DeFi 2.0 upgrade, while the official account released a new project roadmap.
Release of FTW Slides to Q2
The FEG Token team has been putting out glimpses of and chatter about their work on their Smart DeFi 2.0 product, in anticipation of the impending launch which is still set for the first quarter of the year.
Team member Cos tweeted that the upgraded FEG token protocol “is ready to use by the #FEG family.”
Dev team member Bal Gu said testing on the migration tool is nearly done.
And team member PrinceZF said a marketing push is coming soon.
The official FEG account issued an updated roadmap, showing that the debut of Smart DeFi 2.0 is still on for the first quarter of 2023, but that other initiatives, such as the launch of its From-the-Wallet (FTW) limit-order trading platform, have slid back into the second quarter of the year.
What is FEG Token:
FEG explains the main idea behind its token is to provide a decentralized transaction network that operates on the Ethereum blockchain and the BNB Chain. A hyper-deflationary token, FEG has a maximum circulating supply of 100 quadrillion on both the aforementioned chains, including an inaccessible burn wallet. A 2% transaction tax is distributed among all holders based on the percentage of ownership, including the burn wallet, which acts as a holder that collects tokens over a period in which transactions occur. The team is keen to stress that there is no burn limit, and with this being the case, users will get to enjoy a “never-ending cycle of passive income with positive price pressure.”
Where to find FEG:
Website | Twitter | Medium | Whitepaper | Instagram | Telegram | Reddit | Discord | Youtube |
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Author
Related News
Algotech Raises $2,000,000 in Just 2 Weeks of Public Presale, Analysts Think It Might Outshine Shiba Inu (SHIB)
Algotech's innovative technology in algorithmic trading for both blockchain and traditional finance sets it apart as a top ICO prospect for 2024.
After a successful private pre-seed funding round, Algotech has exploded onto the cryptocurrency markets, making many investors believe that it might shine meme coins such as Shiba Inu (SHIB) and Pepe (PEPE).
Best Meme Coins of 2024 Under Scrutiny
With the crypto bull run back in full swing, meme coins have experienced a resurgence like no other. Some of the older coins such as Dogecoin (DOGE) have risen by as much as 250% in the last year, while we have also seen new coins come to the forefront such as Bonk (BONK) and, quite literally, Memecoin (MEME).
Despite the surge in price, it is widely believed by analysts that memecoins are just a fad. The literal reason why they experience a rise in the first place. While this is a great way of gambling money and potentially experiencing high returns (or losing everything), meme coin investing in 2024 should be considered closer to a crypto casino than a long-term asset.
Most experts consider meme coins will eventually die out as better cryptocurrencies that provide long-term value will take their place. This includes Vitalik Buterin, the founder of Ethereum and one of the most respected individuals in the cryptocurrency space. And while there are many advocates of meme coins including Elon Musk, it is widely believed that they are pushed as a joke rather than based on a coherent investment thesis.
5 Reasons to Avoid Meme Coins
Here is why there is no point for investors in pursuing meme coins:
- Since there is no inherent value in the underlying blockchain, it is possible that meme coins will all eventually go to zero even when other cryptocurrencies rise in value.
- Top cryptocurrencies are far safer in nature and will lead to more consistent returns.
- Those considering memecoins as a store of value will be much better off if they just stick with Bitcoin (BTC).
- Newer cryptocurrencies that are backed with much better backend technology have a great chance of outperforming the best meme coins in 2024 and beyond.
- With the crypto gold rush in full swing, there are numerous ICOs that present much more attractive investment opportunities.
So, if meme coins are considered by industry experts to be a bad idea, what do they recommend instead? Well, many believe that the true exponential investments in the crypto space are to be found in ICOs.
Why Algotech Could be the Top ICO of 2024
From all the ICOs currently taking place, analysts believe Algotech (ALGT) to be the top ICO of 2024. There are many reasons for this, ranging from Algotech’s proprietary technology that is set to revolutionize algorithmic trading on both the blockchain and in traditional finance (TradFi).
Secondly, Algotech (ALGT) has garnered a lot of support from both institutional and private sectors. The initial private seed round managed to raise $1.1 million in capital. Currently, the stage 2 seed funding stage is moving from strength to strength, having raised over $2 million in less than two weeks.
Considering the fact that roughly 80% of the tokens are still remaining in stage 2 at the time of writing, analysts believe that Algotech (ALGT) could be a great opportunity for investors that want meme coin-like returns but also want to invest in a credible crypto project with a viable roadmap for the future.
Currently, Algotech is not listed on any exchange. Considering that tokens that have proper backing tend to explode in price once listed, Algotech could turn out to be one of the best cryptocurrency investments of the year. What’s more, investors looking to move out of meme coins can use Shiba Inu to purchase Algotech tokens.
For more details about this project:
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $350. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Follow us on Twitter and Instagram!
If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.
Looking for a job in crypto? Check out the CryptoJobsNow listings!
Try Now!
Sign up Now
Coming Soon
WIN BIG
Coming Soon
Start Earning Today!
Earn Now
Coming Soon
Sign Up Now
Play & Mine!
Coming Soon
Editors Choice
Other Currencies
- nameLTBuyLitecoin
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0% - nameLTBuyEOS
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0% - nameLTBuyMonero
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0% - nameLTBuyBitcoin Cash
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0%