FRGX Locked Liquidity
Last updated
Last updated
Liquidity locking is a mechanism used in crypto projects to prevent or limit the possibility for individuals or organizations to manipulate the market by buying and selling large quantities of tokens.
Liquidity locking involves securing a specific amount of tokens in a smart contract or liquidity pool, thereby making it unavailable for a certain period of time.
When the liquidity is locked, it means that tokens or cryptocurrency cannot be transferred or exchanged. This is usually done to ensure the consistency and stability of the token price, and to prevent major price swings caused by a sudden rise or fall in supply.
Increased token price stability.
Greater trust in the project.
Resistance to market manipulation.
Locked liquidity also makes token much more attractive to investors, who are more likely to invest in projects with locked liquidity.
FRGX liquidity has been locked since the launch. At the beginning, there were two separate liquidity pools both in BNB and BUSD, worth $2400 each. Therefore, the liquidity of FRGX token holders is protected 100%.
FRGX liquidity is blocked for 180 days. The blocking address is the following ↓
0x377d133039C19242Bc6699C17a200727257cF2fd
Click HERE to make sure that FRGX liquidity is blocked for 180 days, and the code of this blockchain smart contract is closed for any interference.
At the moment, the token is accumulating liquidity. We see good trading volumes, and this is a very good thing! We also see a lot of interest from buyers and DEX traders.