Welcome to Bulliscoming, in this article we will be discussing what is FEG token and current price.
What is FEG token?
FEG Token is a hyper-deflationary DeFi token built to succeed. FEG Token is redesigning the way decentralized finance (DeFi) is structured. FEG Token is focused on reshaping and evolving how DeFi works completely while delivering the most robust ecosystem ever designed for DeFi’s much-needed advancements.
The main idea behind FEG Token is to provide a decentralized transaction network, which operates on the Ethereum blockchain (ERC-20) and the Binance Smart Chain (BEP-20). The path forward for FEG Token is determined by market fluctuations, but the model it runs on begs FEG Token to succeed.
FEG Token is a hyper-deflationary token with a maximum circulating supply of 100Q (quadrillion) on both the Ethereum blockchain and the Binance Smart Chain that involves an inaccessible burn wallet. Depending on each holder’s percentage of ownership, a 2% transaction tax is distributed among all holders—this includes the burn wallet, which is essentially a holder that collects more tokens over time as transactions occur.
As the circulating supply decreases, the scarcity of the token increases. This inversely proportional relationship constitutes a supply and demand model. There is no limit as to how many tokens can be burnt. Without a burning limit, holders get to enjoy a never-ending cycle of passive income with positive price pressure.
FEG Token Coin Price
FEG Token price at the time of this writing is $0.000000002758 with a 24-hour trading volume of $203,246. FEG price is up 6.6% in the last 24 hours. It has a circulating supply of 41 Quadrillion FEG coins and a total supply of 100 Quadrillion. If you are looking to buy or sell FEG Token, Uniswap (v2) is currently the most active exchange
FEG Ecosystem
- DECENTRALIZATION
FEG Token is fully decentralized. There is no one main owner of the token. All decisions are made in the community’s favor.
- BURN RATE
Each transaction triggers a burn rate of 1%, which decreases the circulating supply of FEG over time.
- REWARDS
FEG Token rewards its holders with a 1% tax on each transaction to punish weak hands.
- FURTHER DEVELOPMENT
FEG Token’s vision is to advance further into the cryptocurrency and DeFi spaces by releasing innovative products, which will ensure the sustainability of the token.
Things To Know About FEG Token
FEG Token is not a registered broker, analyst, or investment advisor. Everything that is provided in this material is purely for guidance, informational and educational purposes. All information contained in FEG ecosystem should be independently verified and confirmed.
FEG Token does not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services. Please be aware of the risks involved with any trading done in any financial market. Do not trade with money that you cannot afford to lose. When in doubt, you should consult a qualified financial advisor before making any investment decisions.
The FEG Token team does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your due diligence and consult your financial advisor before making any investment decisions.
By purchasing FEG, you agree that you are not purchasing a security or investment, and you agree to hold the team harmless and not liable for any losses or taxes you may incur.
Although FEG is a community-driven decentralized finance (DeFi) token for social networking and not a registered digital currency, the team strongly recommends that citizens in areas with government bans on cryptocurrencies do not purchase it because the team cannot ensure compliance with established regulations within certain territories. Always make sure that you comply with your local laws and regulations before you make any purchase.
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