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Update RBL Project - June 2022
Over the past view weeks, we have been exploring options to (re)launch RBL Token with the general idea to keep the RBL project going while we are waiting for the recovery or refund of liquidity by FEG Team. Once the liquidity is recovered or refunded it could then be used to either boost the new RBL token or merge the two tokens into a third and final RBL Token using the SmartDeFi 2.0 contract.
However, we must realize that the RBL project does not only suffer from the halted RBL Token, but also from a significant crypto asset portfolio which mainly holds halted SD tokens of which some incurred heavy losses due to panic selling across several SD markets at time the exploit was discovered. For the portfolio to continue (at profit), we also rely on the recovery or refund of the liquidity of those SD projects and the direction each of the SD projects will take going forward.
In addition, the general crypto markets took another dive recently with BTC leading the downfall sub $20k. And all though markets showed some recovery, we think the markets have a much higher chance of revisiting the lower levels multiple times (or even lower) before we can start thinking of a bullish reversal which could still be weeks/months away. We anticipate that an accumulation phase at those lower levels is needed to build up bullish momentum herewith also considering macro-economics and global politics that remain extremely bearish.
With the portfolio being halted (use case) and with bearish market conditions (selling pressure), but moreover due to having significant liquidity stuck in both RBL Token and RBL Portfolio, we have decided not to risk additional liquidity on a (hasty) relaunch now, but instead wait for:
1) the progress being made by FEG Team on SD 2.0 and the recovery/refund of liquidity
2) the general crypto markets moving into accumulation phase ahead of a potential bullish reversal
We understand that the current halted situation is very unfavorable for RBL holders because it just does not feel right to have money stuck like this. However, please be aware that for now the halted situation is to be considered a waiting game and not a losing game and that we just have to trust the recovery/refund plans being put in place by FEG Team.
At time of SD and RBL Token being halted, RBL Token traded at 0.000833 BNB per RBL Token with BNB at $300 and RBL Token at $0.25. With BNB having dropped further to $215 today, RBL Token would be valued at $0.18.
Unfortunately, we cannot manage the $ value of BNB, but 0.000833 BNB per RBL Token is something RBL holders should expect when relaunching herewith considering a full recovery or refund of SD liquidity. RBL holders should also expect receiving any new RBL token on a 1:1 basis for which we have taken snapshots of the current RBL holder token balances.
Last, we have been putting together a smaller interim crypto asset portfolio of which trading and investment profits will partially be retained to buy & burn the new RBL Token after relaunch. Meaning, while we wait for the opportunity to relaunch, we will continue to chase investment and trading opportunities to build up additional value for the RBL project.
In the ideal situation: SD liquidity is fully recovered or refunded, and we then relaunch or migrate RBL Token with an improved and audited SD 2.0 contract at 0.000833 BNB per RBL Token and with BNB back up to $300 or higher. After relaunch we can instantly start boosting the new RBL Token (buy & burn mechanism) with trading and investment profits earned from the interim crypto asset portfolio and also continue with the initial portfolio. We would perhaps all look back at this waiting game period as a migration period while having survived the bear market without any significant losses to make up for first.
Should this ideal situation be achieved, we could see RBL Token trading at a price above $0.25 quickly after relaunch with an improved and audited SD 2.0 contract on an improved FEGex platform that will have some interesting and strategical new features. Here is why:
FEGex will be moving away from operating as a decentralized exchange with liquidity pools. This move makes sense after recent exploit events, but we think this move could also be an important strategical one. FEGex will operate as an aggregator and gasless P2P platform which will allow for any validated token to be listed. On the aggregator platform one can easily and quickly find the best prices being offered across multiple decentralized exchanges. On the P2P (peer-to-peer) platform one can offer and trade tokens from wallet to wallet (person to person) while setting buy and sell orders at preferred prices.
In case you are not aware yet, a lot of blockchain projects and exchanges have been working on P2P protocols and it seems P2P could have its rebirth in the upcoming months. Remember Napster and exchanging music files peer-to-peer? Now consider the younger generations exchanging tokens and NFT’s the same way, thereby always looking for the best price and zero gas fees deals fully independent from third party liquidity pool pricing and trading fees. We think that the direction FEG is taking now, may very well position them ahead of the competition (trade platforms), but only time will tell…
With the new SD 2.0 contract and new FEGex trading features, RBL’s vision and mission will change with it. This will result in a change of RBL Token’s tokenomics and base pairing for sure. Therefore, aside from managing the interim portfolio and building additional value for the RBL project, we will be fully redeveloping the RBL project which also includes updating the website, social platforms and perhaps writing a short white paper. We will also redefine our portfolio investment strategies with the goal to diversify opportunities and risks across multiple blockchains platforms. We will be monitor everything FEG daily and will update on developments that significantly impact the RBL project.
The time to learn from events and to improve and rebuild is now during the summer and we feel confident that all pieces – as described in this write up - could all fall into place with a true reversal of crypto markets after the summer period. Just give it some time by stepping away from crypto now to enjoy your summer at the fullest and RBL Token will be back up and running in profit before you know it!
To be continued...
Happy & healthy holidays to you all!
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FEG's new exchange platform: a brilliant move?
For anyone wondering if the move to an Aggregator and From The Wallet platform (or Peer-to-Peer) is a good move by FEG, read this very interesting article. Could very well be a brilliant strategic move to get ahead in the market (combined with SD2.0):
https://www.information-age.com/rise-rebirth-of-p2p-why-it-will-matter-2022-123498345
While we were all having fun in SD, we all didn't really notice the ongoing bear market that much. It basically started mid November 21 and took another serious nose dive again late April mostly due to macro economics. Then SD halted. Luna on top of it. Then Celsius and USDD... It happens.
In general, crypto whales use news and events to push price down further as always. It's a cycle. Be aware of intermediate bull traps (like we may see one currently imho) and continuation of bear pressure after on some new negative news. BTC sub 20K and ETH 1K seems like the liquidation target after which we can slowly start thinking of accumulation phases again by institutions before true reversal and next bull wave. For this, I occasionally zoom out to monthly and weekly charting of BTC that still confirm bearish momentum and continuation for now. NFA
On the positive side, when crypto markets reverse it can go up very fast - unlike any stock. You only have a loss when you sell at a loss
You mean too much talk about a bear market in general or too much talk about it by me in reasoning RBL Token status?
We have been exploring platform options and we have been watching some new tokens launch at the same time on these platforms.
Having watched other projects launch - that are much bigger and had weeks of planning and building of momentum - we conclude buying momentum is just not there in this bear market. And we think the bear market is far from over.
Meanwhile, we are redefining our investment strategies to be more divers. Aside from RBL Token being halted with 155 BNB liquidity, we also have the investment portfolio to deal with that mainly holds halted SD tokens (portfolio valued 150 BNB at the peak, but dropped significantly due to panic selling across SD markets and BNB dropping further ever since). We got double hit and need to be careful and spend dollars wisely now.
However, we have been rebuilding a smaller portfolio (Cryptoblast as an example) and we are trading large caps in order to secure some profits which benefit RBL holders through buys and burns of RBL Token as soon as things are resolved with SD and RBL is relaunched. Best we can do for now while we wait for SD recovery first and reconsider options then.
We are monitoring everything FEG and SD on a daily basis and we do like the plans ahead with SD2.0, new branding and the new FEGex features. Will require some patience for sure, but for now the bear market gives the opportunity to wait and see.
Metaverse, 5 trillion business by 2030?
We have been posting about our recent entry on Cryptoblast, the first trade marked crypto backed energy drink. Well, it is getting more and more interesting...
Yesterday, TCG World (Metaverse creator) sold (digital) land to GGToor, an emerging leader in the eSports market, for a stunning $100 million. GGToor will be building a huge eSports city within the TCG World Metaverse. See press release below.
https://finance.yahoo.com/news/ggtoor-launches-ggtoorcity-tcg-world-130000434.html
Cryptoblast is an invited partner to TCG World's co-hosted Las Vegas Metaverse Expo beginning of July and I am sure all parties will meet and greet and some interesting things could come from it for Cryptoblast. Why?
See Cryptoblast's latest advertisement in Crypto Magazine and spot "The energy drink of the Metaverse". Now connect the dots... energy drinks in a digital world, which could be any Metaverse, but let's start with digital energy drinks for GGToor's eSports players - as in - boosting a players energy (powers).
This would be a potential deal (pure speculation!) that could not only benefit Cryptoblast holders through net profit sharing (or through a CBT token payment model creating buy pressure), but it could truly put Cryptoblast on the map as "The energy drink of the Metaverse" and not only for eSport players, but for all Metaverse participants in any Metaverse that need an energy boost for their avatar - like in real-life.
I am finally starting to see how the Metaverse could become this 5 trillion business by 2030 and Cryptoblast could be very well positioned in a Metaverse niche market which in turn can kick-off or boost the real-life tangible products and merchandise. The combination seems very powerful.
Check out the Cryptoblast store and vending machine below as designed for the TCG World Metaverse.
Taste, hold, earn!
https://www.dextools.io/app/bsc/pair-explorer/0x4396491ba7e7f2fe2813ce03da7cbdd4bea6ea23
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Taste, hold, earn! Cryptoblast to explorer new highs?
When markets are down (BNB $ value!), it is always a good time to zoom out and review a projects progress against its base currency BNB to see the real progress.
See monthly and weekly CBT/BNB, both showing steady progress and upward momentum with higher lows and somewhat higher highs. Very healthy and organic looking chart considering the crypto bear market in general. Like it.
New website and collectable NFT's launching soon, Energy drinks dropping through Amazon soon, strong partnership presence at Las Vegas Metaverse Expo beginning July.
10% in ADA rewards + 30% in net profit share for CBT holders.
Tangible product™ about to go-to-market. Will the younger generation make it go viral?
https://www.dextools.io/app/bsc/pair-explorer/0x4396491ba7e7f2fe2813ce03da7cbdd4bea6ea23
CryptoBlast up 35% in a day since our recent accumulation. Large investors are coming.
https://www.dextools.io/app/bsc/pair-explorer/0x4396491ba7e7f2fe2813ce03da7cbdd4bea6ea23
Well said. We will be supporting any path forward!
Good luck, guys!
Will make sure to post updates on our ihub board too.
I am sure our 2 followers will appreciate that too! Haha.
https://investorshub.advfn.com/SMART-Rebalance-Token-SMARTDeFi%e2%84%a2-RBL-TOKEN-41125/
We are working behind the scene on some project changes to keep the project going while we wait for the fix. May need this whole week to work out details and discuss internally before we can go ahead and announce. Stay tuned!
RBL's position on current situation
Dear RBL holders,
this is just to inform you that RBL will be patiently waiting for official announcements by the FEGTeam on:
- the current halted situation which includes recovery plan of RBL Token liquidity.
- FEG's new strategy on FEG token, ROX token and SD tokens, which may include a new and improved SD contract
- and as a result, the expected timeline to migrate, relaunch and reopen trading for SD tokens.
Meanwhile, RBL will not be rushing to explore options outside of FEG and SmartDeFi ecosystems to continue RBL Token.
RBL will give FEGteam the opportunity and time needed to recover from this and to present their next steps before making any judgements and planning any moves ourselves.
Thank you for your patience! Please feel free to let us know any of your questions or concerns.
Some fair questions indeed.
Please find below our most recent Telegram post:
We are working behind the scene on some project changes to keep the project going while we wait for the fix. May need this whole week to work out details and discuss internally before we can go ahead and announce. Stay tuned!
Updates will be posted through our Telegram channel. Thank you.
https://t.me/RBLtoken
Link to our initial position on the unfavorable situation:
https://t.me/RBLtoken/3341
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RBL takes holder position in CryptoBlast [CBT]
So what do younger generation crypto enthusiast really like?
- Tokens that are rewarding, preferably in (mid)large cap coins
- Cool NFT's that can be collected for free
- The Metaverse! The next booming trillion dollar business?
- Merchandise that looks really awesome
- And last but not least... Energydrinks!
We think CryptoBlast has ALL of this to offer and the team is only weeks away from launching the collectable NFT's, offering their Energydrinks through Amazon and attending the World Metaverse Expo in Las Vegas early July as an invited partner.
Maybe the strongest strategy we see here, is that any crypto project can have their own Energydrink can designed which includes a QR code directing consumers to their project's website. It is not only a consumable product, but a marketing and perhaps even a collectable product (collect cans of all projects) at the same time. Add the collectable NFT's to it and huge advertising all over the Metaverse and the younger generation could get addicted to everything Cryptoblast and instantly take it mainstream through their socials.
Cryptoblast is a crypto project with a trade marked product by a registered company. Considering today's chart and some go-to-market activities kicking off shortly, we think the risk/reward ratio by accumulating now is medium-low to low herewith also having monitored buy/sell behaviour and liquidity movement over the past view weeks. See also chart below.
This is not financial advise to buy CBT, just our opinion. Always do your own research. RBL is an early investor in young and promising crypto projects.
From Cryptoblast website:
CryptoBlast™ is YOUR opportunity to invest in a TANGIBLE product and company via cryptocurrency. Holders accumulate passive income via ADA rewards from each transaction directly to their wallet. On top of that, 30% of net profits from product sales will go back to holders of the token. Community is everything. Legendary cryptocurrencies and upcoming projects will have the chance to advertise and get their projects into the hands of consumers across the world through our products. Valuable NFT art will also be hidden in stocked cans for consumers to collect! The hunt for CryptoBlast™ cans will be on….
Website
Telegram
Dextools chart
Hooray for staying #FEGstrong, guys!
For the devs out here assisting the FEG Team in such difficult and stressful times, we stand with you and we appreciate you!
#FEG4life
#FEGEx #FEGToken #FEGRox #SmartDeFi
Update RBL Token on Risk management after recent events
Although RBL was already looking into risk scenario's before recent events took place, we will now move forward on risk management meaning three things:
1) RBL Portfolio will from now on also be looking to invest in early opportunity's that lay outside the FEG Ecosystem and SmartDeFi ecosystem. This is not because we no longer have faith in the ecosystem, in contrary, we believe FEG and SmartDeFi will recover from this stronger and will be more successful going forward. This is purely to diversify risks across blockchains and the full portfolio will still be generating profits to buy & burn RBL Token, the SmartDeFi token as launched on the Binance Smart Chain.
2) RBL will be looking into building a reserve liquidity pool by adding a fair % of RBL Portfolio profits to this pool as backing for each RBL Token in circulation. This backing will be additional to the asset backing already provided through RBL Tokens smart contract, but will be kept on a different blockchain and we are currently considering building a reserve in USDC combined with ISO20022 digital assets as a hedge.
3) RBL will no longer be looking to launch RBL Token with its own supply and metrics on any other blockchain. This would make the project too complex to manage from a risk point of view. So everything we financially develop now and put in place (portfolio, reserves, use cases) will solely benefit and support the value of RBL Token, the SmartDeFi token as launched on the Binance Smart Chain. However, a bridging concept to other blockchains could still be considered using the current (locked) supply and metrics. We would first have to study the technical requirements and financial consequences when the time comes.
RBL is here to stay and we will keep building and when that next bull market kicks in, RBL will be ready to rise and shine!
Update RBL Token on Risk management after recent events
Although RBL was already looking into risk scenario's before recent events took place, we will now move forward on risk management meaning three things:
1) RBL Portfolio will from now on also be looking to invest in early opportunity's that lay outside the FEG Ecosystem and SmartDeFi ecosystem. This is not because we no longer have faith in the ecosystem, in contrary, we believe FEG and SmartDeFi will recover from this stronger and will be more successful going forward. This is purely to diversify risks across blockchains and the full portfolio will still be generating profits to buy & burn RBL Token, the SmartDeFi token as launched on the Binance Smart Chain.
2) RBL will be looking into building a reserve liquidity pool by adding a fair % of RBL Portfolio profits to this pool as backing for each RBL Token in circulation. This backing will be additional to the asset backing already provided through RBL Tokens smart contract, but will be kept on a different blockchain and we are currently considering building a reserve in USDC combined with ISO20022 digital assets as a hedge.
3) RBL will no longer be looking to launch RBL Token with its own supply and metrics on any other blockchain. This would make the project too complex to manage from a risk point of view. So everything we financially develop now and put in place (portfolio, reserves, use cases) will solely benefit and support the value of RBL Token, the SmartDeFi token as launched on the Binance Smart Chain. However, a bridging concept to other blockchains could still be considered using the current (locked) supply and metrics. We would first have to study the technical requirements and financial consequences when the time comes.
RBL is here to stay and we will keep building and when that next bull market kicks in, RBL will be ready to rise and shine!
In crypto you can simply not call a rally based on volume on a 5 minute chart. Such low timeframes make things look very spectacular in either direction which is tricky. People could have jumped on it due to your post and find themselves in a declining position right after, because it was already trading at the top of the 28-31K channel which I referred to.
I didn't assume or say you only use 5 minutes charts at all. I did say to be careful using it and then just shared opinion and knowledge on timeframes most crypto traders use and where the price action is.
When I joined here on Ihub you called for good conversation and that's what this is really. If you feel spoken to like a toddler or feel insulted - and you seem to speak for everybody here apparently - maybe it is because you are just not used to getting honest feedback and some criticism now and then.
There honestly is nothing toddling or insulting in my post if you read it again.
But I will hold back on replying to your posts going forward. So much for good conversation.
BTC Multi timeframe analysis. Very educational how to read different timeframes.
https://www.tradingview.com/chart/BTCUSDT/eXWm0XAA-BITCOIN-UPDATE/
This guy is brilliant in providing multi timeframe analysis and most of the time he has been spot on with his BTC calls and already warned for latest huge drop since late December, if I recall correctly.
This is somewhat the only trader we at RBL follow now on BTC and general market directions while we focus on growing holder positions in the best SmartDeFi projects, which we see as the next booming crypto space, thou still in heavy development and awaiting its true glorious go-to-market moment.
Note: We follow this trader for opinion only. Not financial advice. DYOR
When looking at 5 minutes charts one can easily be tricked and think big moves and big volumes are happening while in fact nothing is happening. Since BTC dropped to 28K it has since just been hovering in a 28-31K channel, nothing big happening.
In crypto if you are looking to scalp on lower timeframes, most traders use 15 minutes charts. If you are looking for a new long or short entries or larger swing trades, traders use 4 hours chart with daily charts for confirmation on direction and sentiment (reversal, volume, price action).
I am letting you know, because 15 minutes and 4 hours charts is what most traders use, hence these are the timeframes to best monitor price action and volumes, depending on your strategy.
Huge FEG supply is not a problem, instead it matches their use case which is FEGexchange and FEG Token being its governance token, meaning it is the fuel on the network. FEGex is targeting huge numbers of users (mass adoption) and big volume, so as I see it they need that huge supply to achieve that.
Maybe you are not aware yet, but FEG burns tokens in the trillions on a daily basis, because each transaction of all tokens traded on FEGex burns a tiny bit of FEG. So when FEG goes mainstream and more and more tokens are traded, the burns will go insane.
So in essence, holding a few trillion FEG (now at a bargon on Pancakeswap) could in the future become a millionaires bag IF FEGex succeeds and makes it mainstream which of course nobody has any doubts they will eventually.
SD's are different, yes, but different use cases from FEG and ROX also, which is the governance token of SD basically and same principle applies on ROX. The more trading volume in SD's the more ROX burns.
Here is a source to follow the daily burns:
FEG burns
Thanks CB for your efforts on this!
SmartDeFi™ - the next booming crypto space
SMART Rebalance Token - RBL Token - is a frictionless reward token build on SmartDeFi™ technology.
RBL Token makes it easier for SMART money to gain exposure to SmartDeFi™ technology through a diversified crypto assets portfolio. Hold the best projects SmartDeFi™ has to offer by holding RBL Token as a starter and earn 39% in reflections by just holding.
RBL does the project research, talks to project leaders and buys into a top holder position making profits from it that in turn will increase RBL Token's value through a buy & burn RBL Token mechanism.
RBL is currently developing an onboarding workshop for larger investors, which includes an introduction to Blockchain investing, SmartDeFi™ technology and a "How to buy and trade SmartDeFi™ tokens" walkthrough by taking the investor by the hand during a private & secure online session. Received donations for the workshop will in turn buy & burn RBL Token.
RBL will soon open up an email address to apply for an onboarding workshop pilot, but feel free to send us a message here on ihub if you are interested to enroll.
RBL website
RBl onTwitter
RBL on Telegram
SmartDeFi™
SmartDeFi™ - the next booming crypto space
SMART Rebalance Token - RBL Token - is a frictionless reward token build on SmartDeFi™ technology.
RBL Token makes it easier for SMART money to gain exposure to SmartDeFi™ technology through a diversified crypto assets portfolio. Hold the best projects SmartDeFi™ has to offer by holding RBL Token as a starter and earn 39% in reflections by just holding.
RBL does the project research, talks to project leaders and buys into a top holder position making profits from it that in turn will increase RBL Token's value through a buy & burn RBL Token mechanism.
RBL is currently developing an onboarding workshop for larger investors, which includes an introduction to Blockchain investing, SmartDeFi™ technology and a "How to buy and trade SmartDeFi™ tokens" walkthrough by taking the investor by the hand during a private & secure online session. Received donations for the workshop will in turn buy & burn RBL Token.
RBL will soon open up an email address to apply for an onboarding workshop pilot, but feel free to send us a message here on ihub if you are interested to enroll.
RBL website
RBl onTwitter
RBL on Telegram
SmartDeFi™
SmartDeFi™ - the next booming crypto space
SMART Rebalance Token - RBL Token - is a frictionless reward token build on SmartDeFi™ technology.
RBL Token makes it easier for SMART money to gain exposure to SmartDeFi™ technology through a diversified crypto assets portfolio. Hold the best projects SmartDeFi™ has to offer by holding RBL Token as a starter and earn 39% in reflections by just holding.
RBL does the project research, talks to project leaders and buys into a top holder position making profits from it that in turn will increase RBL Token's value through a buy & burn RBL Token mechanism.
RBL is currently developing an onboarding workshop for larger investors, which includes an introduction to Blockchain investing, SmartDeFi™ technology and a "How to buy and trade SmartDeFi™ tokens" walkthrough by taking the investor by the hand during a private & secure online session. Received donations for the workshop will in turn buy & burn RBL Token.
RBL will soon open up an email address to apply for an onboarding workshop pilot, but feel free to send us a message here on ihub if you are interested to enroll.
RBL website
RBl onTwitter
RBL on Telegram
SmartDeFi™
Yes, SD is only a fraction of the FEG/ROX community today so much more volume there. Huge opportunity laying just around the corner, but even bigger opportunities beyond both communities. Time to get in is now in our opinion while sentiment is lowest and some SD projects are at a bottom far down from their ATH at time crypto sentiment and volume was much higher. Or projects that have just recently launched with strong use cases and teams. They too now suffer from low sentiment and volume in order to get noticed through the trade platform.
RBL scalped a bit of profits on Luna (4.5 BNB) and BurnIT (0.5 BNB) and topped up its holdings in SINU and SDOX and will continue adding to these projects in the near future as we support presale services within the SmartDeFi space. Majorly important!
RBL scalped a bit of profits on Luna (4.5 BNB) and BurnIT (0.5 BNB) and topped up its holdings in SINU and SDOX and will continue adding to these projects in the near future as we support presale services within the SmartDeFi space. Majorly important!
RBL Team donated 10,000 RBL tokens to RBL Portfolio.
Tokens were sold to increase the Portfolio's position in FEG token.
RBL is confident the market will sooner or later pick-up the opportunity.
Holders received some nice reflections!
RBL Team donated 10,000 RBL tokens to RBL Portfolio.
Tokens were sold to increase the Portfolio's position in FEG token.
RBL is confident the market will sooner or later pick-up the opportunity.
Holders received some nice reflections!
I think it is volume missing. The transactions on the blockchain are leading to be sure with chart issues. Could very well be a lot are sitting on cash right now considering market sentiment or waiting for their BNB to increase back up. And weekends are lower in volume in crypto, yes.
We might plan a team donation (RBL) to the portfolio wallet, sell and then pick up more FEG at these prices to add to the portfolio. Let me have a look at that in the next hour or so.
It happens in SD. It is also part of being this early while the community is still growing. Huge opportunity being in and getting in SD now!
You mean trade lists on fegexchange or transactions on the chain? In case last, the volume is just not there at the moment in SD.
Agree. This cannot be happening when FEGex goes to market and big volume comes in.
On the other hand, it is a beta version, but then at least fegex.com should work smoothly and perfectly, but seems to have same issues.
I am sure they are on top of it (maybe delay in hardware/chips to be able to resolve sooner) and having to deal with this is sometimes a painful part of being this early for us pioneers.
The spot price shown on the trade input section should always be correct (calculated from the blockchain) and there is a hyperlink showing that takes you to the contract bsc explorer to check transfers before buying/selling. This is an extra step I am doing now until fixed.
Thinking of it again, it cannot have been that transfer of only 1K tokens. It would not have caused such dip in the chart.
We also had a 5K tokens sell/buy back/burn event yesterday at 4pm UTC on Friday. That selll transaction did not show on the charts and not in the trade list. I am afraid it is that 5K transaction now suddenly showing on the chart like 32 hours later.
Although a FEGex charting issue, we will compensate with some additional tokens since you thought catching the dip. Will be tomorrow thou. AFK now. Thank you.
Transfers seem to show up as candles in charts.
I checked the blockchain and approx. 7 minutes before the buy, we did a 1000 tokens transfer to Divvy fund as a deposit for a cool new feature called Mega Faucet.
https://bscscan.com/address/0x9bfdc3121D5Dfdfd7c9edD6b608f5F1C8c6e8bB7
I can only conclude that this caused the red candle. There is more off lately, like missing sells and buys, but this is one is really misleading buyers and sellers visually.
The buyer before you bought at 0,00089078923 BNB and yours 0,00089766606 which on chain seems correct and following the spot price as shown on the input section when trading. The chart has been misleading.
I will report this found issue to FEG Team.
Thank you for letting me know!
RBL Portfolio got in yesterday, just before the breakout. Because that's what we do at RBL; invest super early in promising projects or jump in at the right time when sentiment is at it lowest! Currently hovering at 20x on the investment on a pullback after a high volume push to 30x.
The full position will eventually flow into RBL ecosystem by adding to RBL Portfolio - which invests early in the best projects SmartDeFi has to offer - and by buying & burning RBL Tokens - which makes RBL Token more valuable and scarce while also generating 39% in holder reflections from the burn transactions!
If this 'zero or hero play' works out, SmartDeFi and RBL Token holders will definitely notice! Let's go, Luna!
Read more about RBL's mission
Chat with RBL on Telegram
Follow RBL on Twitter
Trade RBL on FEGex
15,000 RBL BURN EVENT COMPLETED
5,000 RBL BUY + BURN COMPLETED
The 1st burn events reducing RBL´s supply with over 1%. More events to come as RBL will from now on buy + burn RBL Tokens from profits earned by RBL Portfolio, its FEG ecosystem based crypto asset fund!
Following RBL´s calculations each RBL holder earned reflections and saw their holdings increase with approx. 0,91%.
RBL on FEGex