Famous Fox Federation

Famous Fox Federation (FOXY) Cryptocurrency Product Introduction

• Basic Overview: Famous Fox Federation (FOXY) is a cryptocurrency operating on the Solana blockchain platform, launched in 2022. Its current total supply stands at 69.25 billion tokens, though the circulating supply remains unclear. FOXY aims to provide users with a platform that integrates digital currency trading and ecosystem functionalities.
• Market Performance: Based on available data, FOXY’s price has shown significant volatility recently, with current prices ranging from $0.0025 to $0.0043. The 24-hour price change fluctuates between -5% and +3.36%. Its all-time high was $0.0162 (recorded on April 12, 2024), with the current price down approximately 84% from that peak. Trading volume over the past 24 hours ranges from $336.80 to $6,046.62, while the past 7 days recorded a volume of about $6,970.
• Technical Architecture: FOXY operates on the Solana blockchain, leveraging its high performance and low-cost features to offer users fast and economical transactions. The Solana platform’s support makes it suitable for various decentralized applications and ecosystem tools.
• Ecosystem and Features: Famous Fox Federation is more than just a cryptocurrency; it encompasses a robust ecosystem. According to information shared on social media, its ecosystem includes NFT raffles, 1/1 auctions, missions and collaborations, treasure chests, a token marketplace, and tools like FFFlip (a platform supporting SOL and SPL tokens). Additionally, holders can benefit from transaction fee discounts based on their holdings.
• NFT Integration: Famous Fox Federation is closely tied to the NFT market, offering data on NFT floor prices, trading volumes, and rarity traits, highlighting its potential in the digital collectibles space.
• Community and Development: The project actively shares updates via social media, such as its Roadmap 2.0, promising more features in the future. It boasts strong community engagement, with initiatives involving Web3 community engines and partnerships for decentralized trading platforms.
• Risk Disclaimer: Given the significant price volatility (up to 5% down or over 3% up within 24 hours), investors should be cautious of market risks. Additionally, the lack of fully disclosed circulating supply data may impact market transparency.
  In summary, Famous Fox Federation (FOXY) is a multifaceted cryptocurrency project on Solana, combining token trading, NFTs, and ecosystem tools to offer diverse engagement opportunities for users. However, its price volatility and data transparency issues warrant careful consideration.