Fwog
Fwog is a decentralized cryptocurrency token launched on the Ethereum blockchain in February 2024. It gained attention in the cryptocurrency market for its community-driven approach and meme-based marketing strategy. [1]
Overview
FWOG operates as an ERC-20 token on the Ethereum network, positioning itself as a community-focused cryptocurrency project. The token was created with smart contract functionality that includes automated liquidity provision and transaction fee mechanisms.
The project emerged during a period of increased interest in meme-based cryptocurrencies, distinguishing itself through its frog-themed branding and community engagement initiatives. The token's smart contract underwent verification on the Ethereum blockchain, providing transparency for token holders and potential investors. [1] [2]
Smart Contract Features
The FWOG smart contract implements several standard and custom features:
- Automated Liquidity Generation
- A percentage of each transaction is automatically added to the liquidity pool
- Smart contract-managed liquidity provision to maintain price stability
- Buy/Sell fees distributed among various protocol functions
- Automated fee collection and distribution mechanism [1] [2]
Security Measures
The project's smart contract includes several security features:
- Contract verification on Etherscan, publicly viewable source code, implemented standard ERC-20 security practices, and automated security protocols for transaction processing [1]
Community and Governance
The project maintains a community-centric approach with:
- Social media presence on major platforms
- Community voting mechanisms for project decisions
- Regular updates and communications through official channels [1]
Tokenomics
Fwog Token ($FWOG)
The FWOG token operates on the Ethereum (ERC-20) and is a deflationary token with a maximum supply of 1,000,000,000 FWOG tokens. The market cap is $45.7M (7.59%), with a 24-hour trading volume of $5.87M (14.61%). The fully diluted valuation (FDV) is $45.7M, and the volume to market cap ratio (24h) is 12.79%. The total, max, and circulating supply are all 975.63M FWOG. Developers can interact with the FWOG token through standard ERC-20 interfaces, Web3 libraries, smart contract integration capabilities, and decentralized exchange protocols. [1] [2]