maybe after the dust settles, with this huge market drop, we'll see a rebranding of fegex. why tie themselves to FEG token, which has never been a "legendary winner" of a crypto.
FEG token, like Doge, has always had a large supply, and the burn mechanism on FEG is conservative, not radical. so the amount of time it would take to reduce supply organically is lengthy.
OTOH, there are now SmartDeFi tokens created by developers who pushed the envelope with what SD tokenomics can do, and many are outperforming FEG and ROX now, in terms of % gains.
fegrox (blockchain dev of great reputation) is also developing a host of new tools, like USCT stablecoin, their apparently unhackable 2FA wallet, a PAW swap protocol, all of which could make "fegex" quite a revolutionary decentralized exchange, aka "DEX".
so with all those exciting developments, why stick with the ape logo and the FEG name? especially since #ApeCoin has since grabbed that iconography. and AMC apes don't seem to realize FEG exists.
to me the gorilla isn't as sophisticated as the tools they're building. and there's the contradiction of so many memes used, yet at the same time most fans say "it's not a meme token!".
this is a major inflection point for crypto. it's time to turn the page and be sleek, modern, and bold.
FEG token, like Doge, has always had a large supply, and the burn mechanism on FEG is conservative, not radical. so the amount of time it would take to reduce supply organically is lengthy.
OTOH, there are now SmartDeFi tokens created by developers who pushed the envelope with what SD tokenomics can do, and many are outperforming FEG and ROX now, in terms of % gains.
fegrox (blockchain dev of great reputation) is also developing a host of new tools, like USCT stablecoin, their apparently unhackable 2FA wallet, a PAW swap protocol, all of which could make "fegex" quite a revolutionary decentralized exchange, aka "DEX".
so with all those exciting developments, why stick with the ape logo and the FEG name? especially since #ApeCoin has since grabbed that iconography. and AMC apes don't seem to realize FEG exists.
to me the gorilla isn't as sophisticated as the tools they're building. and there's the contradiction of so many memes used, yet at the same time most fans say "it's not a meme token!".
this is a major inflection point for crypto. it's time to turn the page and be sleek, modern, and bold.
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