A Crypto Space Breakdown (ISSUE 3)
This Issue Is Sponsored By BabyFEG Token
This Issue Is Sponsored By BabyFEG Token
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Sponsored Post Starts Here:
Two developers from the resourceful FEG community have launched their own token, BABYFEG. Their vision is to give investors a two-fold investment opportunity and to do good in the world.
Taking advantage of the yield-generating contracts token hype, these two developers have applied this concept to the FEG token. Their goal is to both introduce FEG to the meme coin community, and to also provide a unique market that itself can grow and generate wealth. It’s an ambitious bet that they hope will appeal to a mix of new and experienced investors alike.
BABYFEG is attempting to be a win-win project for both the FEG and BABY FEG communities. BABYFEG provides value to the FEG community through its yield-generating contract. The development team encourages it’s community to stake their FEG rewards and to take full advantage of the passive income that is earned in the FEG ecosystem. Additionally every $BBFEG transaction purchases FEG tokens of which 1% of the amount is burned, and 1% is redistributed to all the FEG holders, according to the FEG contract. BABYFEG is attempting to help FEG become a sustainable and decentralized way to achieving financial freedom.
BABYFEG will be listed on the FegEx exchange when the FegEx auto-deployer is completed. Their contract is solid, rug-proof and renounced, and they take great pride in providing a SAFU market for their investors. Additionally the liquidity is locked and untouchable. They’ve also been successfully audited by both TechAudit and Dessert Finance and to further build the trust of the crypto universe, the WHOLE team has doxxed themselves to Dessert Finance.
A charity wallet with 2% of the BABYFEG supply has been created for donations to real and active charity organizations who can make a difference in our world. Discussions are ongoing with various organizations who support the causes that are important to the BABYFEG community. BABYFEG desires to support those charities that are fighting bravely to save animals from extinction! Specifically they are planning to not only give money to this cause, but also to give all the exposure they can to these organizations. Stay tuned and you might see BABYFEG making a real difference here on our planet.
Lastly, BABYFEG is not just a token! They are a community of people who are attempting to maximize the usefulness of crypto space. BABYFEG’s desire is to see real people create passive income and also to see real animals rescued from extinction. As a result they will be a force to be reckoned with, in the meme coin world, for a long, long time.
*Sponsored Post Ends Here. View disclaimer at the end of this issue
Crypto World News
NFT Market Boom: The market for NFT (non fungible tokens) is recently getting better, and has seen improvement in some areas. For example, OpenSea, an NFT marketplace, had surpassed $428 million dollars in trading volume for the past seven days. This is a great improvement and increase in trading volume for the marketplace, OpenSea, but it is not the only one that was brought up with the spark in the NFT market. Other exchanges like Axie Infinity joined OpenSea in generating a quite large trading volume.
Binance US Resigning: On 8/6/2021, a Friday of August, Brian Brooks is no longer the CEO of Binance.US, which is the US based version of Binance that complies to US laws. We are not sure why Mr. Brooks decided to quit the role.
Poloniex:
A digital asset exchange called Poloniex is paying $10.4 million dollars that includes disgorgement, prejudgement interest, and civil penalty. This was because Poloniex had allegedly been accused of failing to properly register as an exchange.
The Daily Observer
What’s Going On With BTC?: At the time of writing this issue, it’s Monday, and a quick check of the Bitcoin price will reveal that it has gone to a price of just around 46k dollars per coin. This shows Bitcoin surging the past week. Bringing lots of other alt coins with it, a rise in Bitcoin has also seen a rise in Ethereum, Doge, and Binance. A rise means that some of the smaller coins are doing well too.
Nervousness About The Legislation: As a crypto investor, I certainly have butterflies in my stomach about the legislation the US is passing on crypto that might impact much of the areas of this field. There is no telling what the impact could be (at least on our end), but a quick skim of all the news sites and you can see some negative connotations placed on this legislation. Obviously, nothing is concrete, and nothing is guaranteed, so there’s no telling what could happen or if it will happen at all; but as always, make sure to keep track of the crypto news and market to stay updated.
Disclaimer: Tokenspace is not responsible for any misunderstandings. Do your own research; cryptocurrency investing or stock trading is high risk. The content in this newsletter or website is purely for informational purposes and is not to be interpreted as financial advice. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information herein or other Content on the Site before making any investment decisions. Tokenspace was compensated for the Sponsored Post section in this newsletter about BabyFEG token. Additionally, the sponsored article was written by the team at BabyFEG and briefly edited by the Tokenspace team. Tokenspace is not responsible for anything that happens to the coin or it’s holders.