A price-performance analysis of the SaTT and FEG Tokens since their launch on Cronos.
Launched in 2020, data from CoinMarketCap shows that the SaTT token has steadily declined. On January 12 2021, it registered an all-time high of $0.004415. A year and a half later, the price per SaTT token has declined by 72%. Since its launch, the token’s price has fallen by over 50%.
On June 24, top cryptocurrency exchange, Crypto.com, announced the listing of the SaTT token on its platform. Interestingly, a few days after this listing, the price of the token recorded a 16% decline on 26 June. Bulls have since forced a retracement, pushing the price of the token back up.
Posting a 13% spike in the last 24 hours, the token exchanged hands at $0.001225 at press time. With a generally bullish outlook, the Relative Strength Index of the token was spotted at the 50 neutral spot at the time of press.
According to data from BscScan, the total supply of okens in circulation is 732,762,233.44198 SaTT held in over 15,000 addresses. Market capitalization at press time stood at $3,968,621.
FEG Seeks a Rally
The FEGtoken (FEG) was launched in February 2021, after which it registered an all-time high (ATH) of $0.00000004924 10 months later. Trading at $0.000000000531 per FEGtoken at the time of press, it has shed over 95% of its (ATH) according to data from CoinMarketCap.
Similarly, this token was listed on Crypto.com on June 24. However, unlike SaTT, the price of the FEGtoken rallied by over 1000% since the listing to be spotted at $0.000000000531 at press time.
According to data from BscScan, the total supply of tokens in circulation is 100,000,000,000,000,000 FEG held in 968,849 addresses.
What is SaTT:
Developed to revolutionize advertising through blockchain technology, the Smart Advertising Transaction Token, SaTT, is a digital advertising token built to facilitate smoother transactions between content creators and advertisers.
According to the project’s whitepaper, the SaTT token is “regulated by a Smart Contract which lists advertising offers with all data held securely in the Ethereum blockchain.” These smart contracts are written to determine the conditions for participation in advertorial campaigns, quantify the success, and guarantee the final remuneration to be paid to participants.
Where to find SaTT:
What is FEG:
FEG is a hyperinflationary governance token within the Feed Every Gorilla (FEG) Ecosystem. FEG is a decentralized exchange (DEX) built to redesign how decentralized finance (DeFi) is structured.
According to its whitepaper, the FEG Ecosystem comprises the FEG Exchange (FEGex) and SmartDeFi. FEGex is a multi-chain DEX that runs on the Binance Smart Chain and the Ethereum Network and is used for swapping, staking, and providing liquidity tokens. SmartDeFi, on the other hand, was built to “rewrite DeFi to make it much more secure, more efficient and more rewarding to investors.”
Where to find FEG:
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.