69 SD has ambition for a unique way of utilizing smartDefi Tech the project papafeg with the symbol PAPA that you are referring to was created a month after creating the 69 contracts but we have not launched it because the infrastructure was not provided for the path forward on 69SD.
Tokens like PAPAFEG are Meme tokens and are subject to high volatility we launched papa I believe with 9 fbnb the problem happened because we had to delay two of our products due to artist disagreement on launching our NFT collection in due time before payment and that's the head start for downtrend of the price and now we are at below launch liquidity of 7 fbnb but thankfully PAPAFEG has a good asset backing that is creating support for investors who are now still holding tokens.
We have launched both projects one was meme as I said and one is a portfolio manager and access token in smartDefi in order to have the security for investors that if something goes wrong they have the backing feature in their investment portfolio that is clearly missing in any uni swap, pancakes were normal none smartDefi contract.
We understand your concerns and staying on the sideline when it comes to investing in the super low cap ! we hope when our utility role out you come back
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