About
The Feed Every Gorilla Token is a token for deflationary governance in the FEG ecosystem. It includes passive income incentives and decentralized exchange.

FEG token is intended to transform the functioning model of decentralized transactions networks.

In early 2021, the token was made available online and Binance Smart Chain networks were activated.

Current Status
This project aims at providing a decentralized transaction system that operates on Ethereum and Binance Smart Chain (BSC).

A deflationary token that has a maximum supply of 100 quadrillions (100,00000 trillion). Each transaction burns tokens.

Holding is incentivised by the payment of a 1% transaction charge among holders.

FEGex provides decision-making authority for the decentralized exchange FEGex.

Can be used for swapping, staking, creating wrapped tokens, or locking FEGs in the liquidity pools (Uniswap/PackeSwap/FEGex).

Website & Whitepaper:
Offers service description and whitepaper. Also tokenomics and rewards documentation. Audit review. Contacts.

Whitepaper is a brief description of the services offered, but it does not include any information regarding their underlying technology, methods or solutions.

Stage of development:
Beta version FEGex is a cross-chain bridge that allows for swaps between two blockchains.

There are several options for internal liquidity locking, including direct swapping, staking and wrapping.

SmartDeFi technology is implemented. DeFi becomes rug-proof and reduces fuel costs.

Roadmap:
FEGex cross chain bridge plans continue development.

Not specified are the timelines for implementation.

Declaration of an expansion to the, FTM or Polygon blockchains.

Fundraising:
100 % of liquidity is generated by public listing (UniSwap PancakeSwap or FEGex).

Contradiction in FEG presale information

The Team
There are 19 administrators and nearly 30 social media moderators.

It is not clear what the roles of administrators are.

All members of the team conceal their identities.

You can reach them all via the social media accounts created within a short time after FEG token launches. You can find the complete team list here.

FEG is an official partner in the Pan African Sanctuary Alliance, (PASA), a group of 13 African wildlife protection centres.

Token doesn’t have any venture capital investors

Community
There are huge followings for Twitter (NYSE:), Instagram (141K), and Telegram (1131K), but Reddit, Discord and Telegram have smaller numbers (over 13K each).

There is no official LinkedIn account.

Communicate with others, post on your achievements and listings.

“To the moon” type communities.

The lack of constructive discussions in outside communities and their refusal to allow for criticism are two complaints that users make.

Important Metrics
Maximum supply 100 Quadrillion Tokens

Supply circulation: 41 quadrillion

Market:$358,000,000

Trading volume:It is usually below $10M/24h. More than $200M for price ATH.

Listings on exchanges:
UniSwap PankaceSwap or other DEXes available on both blockchains. You can see the complete list.

BitMart CEX is soon to list. Research has shown that an exchange could be a fraud, freezing funds without providing support.

Token allocation:
FEG supply of 57% on Ethereum network. BSC 54%

90K Ethereum wallets. Nearly 74% are wallets that hold more than $3M in FEG.

BSC hosts over 800K wallets. Nearly 30 wallets have more than $1M of FEGs.

You can access it via Trust Wallet and MetaMask wallets.

Price changes
FEG reached ATH three months after its launch. In the 10 days that followed, FEG has lost over half of its value. The token’s value is now 80% lower than the record high.

As of the 15/11/21

You can see the All Time Price Movements here

Verdict
This idea to provide a link for ERC-20 and BEP-20 coin swaps isn’t new. This is a common goal of many projects within the crypto industry.

This project is opaque in many ways. The future development plan is vague and does not include specific timeframes for when upgrades will take place. An anonymous team is behind this project, and it has more developers and engineers than engineers.

While Whitepaper contains sufficient information regarding services, it does not provide any details about the development and technology behind them. This whitepaper looks more like marketing material than it does a true whitepaper. The project has large and active communities in the interim.

Listing on a central exchange is one of the best options. It might not be a reputable exchange and could have been involved in scams.

This is why we are not recommending Feed Every Gorilla Tokens (FEG) be considered a long-term investment.

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