What is FRGX token?
What Is the FRGX Token?
The FRGX token is a BEP20 token issued by the FRGX Finance project on the BNB Smart Chain (BSC), designed for decentralized finance (DeFi) use cases. BEP20 is BSC’s token standard—similar to Ethereum’s ERC-20—that specifies rules for token issuance, transfers, and authorization. FRGX has a maximum supply of 21 million tokens and serves as a unit of value and settlement within the project ecosystem. Specific use cases should be confirmed via official project documentation.
Current Price, Market Cap, and Circulating Supply of FRGX (FRGX)
As of 2026-01-26 02:07 UTC (based on available data), FRGX is priced at $0.010099. The price has changed +0.6093% in the past hour, -1.1257% over 24 hours, -3.6823% over 7 days, and +34.9006% over 30 days. The 24-hour trading volume is $555.85, with 13 active trading pairs.
Circulating supply figures have not been disclosed by the project, making it impossible to accurately calculate circulating market capitalization. The current total supply is 18,795,809.47921594 FRGX, with a max supply of 21,000,000 FRGX. The fully diluted valuation (FDV) is $212,074.20—this reflects the projected total market value if all tokens are in circulation at current prices. When a significant portion of the supply is undisclosed or locked, FDV may differ substantially from actual tradable market size.
Who Created FRGX (FRGX) and When?
FRGX Finance launched on December 19, 2023. The token operates on BNB Smart Chain and follows the BEP20 standard. BSC features an EVM-compatible smart contract environment, making integration with common wallets and tools straightforward. For more project details, refer to the official website: https://frgx.finance. For information on tokenomics and the project roadmap, consult the whitepaper and official announcements.
How Does the FRGX Token Work?
FRGX operates via BEP20 smart contracts. Users can transfer and authorize tokens through on-chain transactions, which require payment of gas fees in BNB. The smart contract specifies core functions such as token name, symbol, decimals, balances, transfers, and approvals.
In terms of supply, FRGX is capped at a maximum of 21 million tokens; current total supply is approximately 18.79 million. Circulating supply figures are undisclosed, so the exact volume freely tradable on secondary markets remains unknown—affecting price depth and market cap assessment. Contract security depends on code quality and audit status; users should review audit reports and contract permissions (such as minting rights, blacklist controls, or fee switches) before interacting.
What Can You Do With FRGX (FRGX)?
In DeFi ecosystems, native tokens typically serve several purposes:
- Payment or settlement within the ecosystem—for example, paying for services or accessing platform features.
- Incentivizing participants—such as rewarding liquidity providers or active users.
- Governance—allowing holders to vote on proposals related to protocol parameters or fund allocation.
The actual use cases for FRGX depend on official design choices by FRGX Finance; always verify details via the official website or contract page before interacting, checking for any associated fees or vesting/unlocking arrangements.
What Is the Long-Term Value Proposition of FRGX (FRGX)?
Long-term value depends on several factors:
- Supply & Demand Structure: While the maximum supply is fixed at 21 million, real impact comes from the unlocking schedule and distribution. If large shares are concentrated among team or early investors, unlocks could create selling pressure.
- Ecosystem Development: Product launches, user growth, partnerships, and on-chain activity determine real demand; price volatility alone does not reflect fundamental value.
- Liquidity & Depth: Current trading volumes are modest; expanding market-making and trading pairs affects slippage and price stability. FDV provides only a theoretical cap and cannot substitute for analysis of circulating market cap and actual demand.
Major Risks and Regulatory Considerations for FRGX (FRGX)
- Contract & Permission Risks: If the smart contract allows modification of key parameters or lacks thorough audits, risks include minting, blacklisting, or fee adjustments.
- Liquidity Risks: Low trading volumes or inadequate market-making can cause high slippage and volatile prices, making large trades difficult.
- Insufficient Disclosure: Lack of circulating supply data reduces accuracy in market cap assessments—track future disclosures and on-chain data closely.
- Security Risks: Beware of fake contract addresses, phishing sites, or social scams; always obtain contract addresses from the official website or trusted contract pages.
- Regulatory & Tax Compliance: Different jurisdictions have varying compliance and tax requirements for crypto assets—understand your local regulations before trading.
- Account & Self-Custody Risks: Enable two-factor authentication on exchange accounts; if self-custodying in a wallet, securely back up your seed phrase and verify DApp domains/permissions before authorizing transactions. For cross-chain or bridge operations, start with small test transfers.
How to Buy and Securely Store FRGX (FRGX) on Gate
Step 1: Register and Complete KYC
Open an account on Gate and complete email/phone verification and identity authentication. Enable Google Authenticator and withdrawal whitelists for enhanced security.
Step 2: Deposit Funds or Buy USDT
Obtain USDT via fiat purchase or crypto deposit. When depositing crypto, select the same network as your source platform. Confirm receipt in your funds account.
Step 3: Search for FRGX Trading Pairs and Verify Details
On the spot trading page, search “FRGX”. Check that the token’s full name, contract address, and network are BEP20 (BNB Smart Chain). If not yet listed, add it to your watchlist and monitor Gate’s listing announcements to avoid using unverified channels.
Step 4: Place Orders and Execute Trades
Choose limit or market orders based on your needs; check order book depth and slippage risk. Start with small test orders to reduce execution risk. After trading, confirm your holdings in your account assets.
Step 5: Secure Storage or Withdrawal
For self-custody on-chain, withdraw to a wallet supporting BEP20 tokens (such as EVM-compatible wallets). Begin with small test transfers before moving larger amounts; add the official contract address to display balances. Never disclose your private key or seed phrase—always back up securely offline.
Tip: When withdrawing, select “BEP20 (BSC)” as the network and retain some BNB for future gas fees on-chain.
How Does FRGX (FRGX) Compare to CAKE?
- Use Case & Positioning: CAKE is PancakeSwap’s governance and incentive token—used for DEX trading rewards, governance proposals, and feature incentives; FRGX’s use cases depend on official project documentation but currently have less public information.
- Market Cap & Liquidity: CAKE features mature liquidity and higher trading volumes; FRGX’s current trading volume is smaller and more sensitive to large orders.
- Supply & Mechanisms: Both are BEP20 tokens. CAKE has undergone multiple tokenomics updates and burn events; FRGX has a fixed max supply of 21 million but undisclosed circulating supply—unlock schedules may affect pricing.
- Risk/Return Profile: Mature tokens like CAKE tend to have lower volatility but less upside potential; smaller or early-stage tokens like FRGX offer higher potential rewards but increased uncertainty—requiring stricter position sizing and liquidity management.
This comparison helps clarify positioning differences but does not constitute an endorsement or critique of either asset.
Summary of FRGX (FRGX)
FRGX is a BEP20 asset deployed on BNB Smart Chain for DeFi scenarios with a hard cap of 21 million tokens. Current price action, trading volume, and FDV indicate a relatively small market size with undisclosed circulating supply—market cap assessments should be conservative. For general investors, key priorities are verifying contract legitimacy and data sources; monitoring future supply disclosures and ecosystem progress; and factoring liquidity conditions into trading decisions. Practically, follow step-by-step procedures on Gate for KYC completion, funding, order placement, and secure storage; for on-chain actions select BEP20 networks, retain BNB for gas fees, and always test with small amounts first. Stay updated with official announcements regarding tokenomics and product developments to dynamically evaluate long-term value and risk.
FAQ
Is FRGX Suitable for Beginner Investors?
As a crypto asset, FRGX carries inherent volatility and risk—investors should have basic blockchain knowledge before participating. Beginners should learn about token features and risk management strategies first; start with small positions; trade only via reputable platforms like Gate; and use cold storage wallets for added security. Always conduct thorough research—avoid following hype blindly.
How Is Trading Depth & Liquidity for FRGX?
Trading depth and liquidity are critical metrics that impact how quickly you can buy/sell tokens at stable prices. On major exchanges like Gate, FRGX typically enjoys good liquidity and depth for fast execution. It’s advisable to trade on high-volume platforms with large user bases to access better market pricing.
How Do I Decide If Holding FRGX Is Worthwhile?
Assess token value from multiple angles: evaluate technology innovation, team background, ecosystem growth, market demand, and community engagement. Track official updates, roadmap progress, and media coverage. Consult professional analysis reports—but always base investment decisions on your own risk tolerance; never blindly follow others’ advice.
How Long Does It Take to Transfer FRGX Tokens Between Wallets?
Transfer times depend on network congestion—typically ranging from 10 seconds to several minutes. During peak times it may take longer. For withdrawals from exchanges to personal wallets, add exchange review time—the total process usually takes 30 minutes to 2 hours. To minimize delays and gas fees, transfer during off-peak hours when possible.
What Are Trading Fees for FRGX on Gate?
Gate’s trading fees vary by VIP level; standard users usually pay a 0.2% fee per transaction. Withdrawing to an external wallet incurs network gas fees, which fluctuate based on blockchain congestion. Holding GT tokens or upgrading your VIP level can grant fee discounts. Always trade on transparent exchanges to avoid hidden charges.
Glossary of Key Terms Related to FRGX (FRGX)
- Total Supply: The entire number of tokens defined by the protocol; FRGX’s total supply is 21 million.
- Circulating Supply: The actual number of tokens currently available in the market—affects scarcity and price.
- Fully Diluted Valuation (FDV): Market cap calculated by multiplying maximum supply by current price—reflects theoretical value if all tokens were unlocked.
- Trading Pair: Combinations of assets tradable against each other (e.g., FRGX/USDT); more pairs typically mean better liquidity.
- 24-Hour Trading Volume: Total value of all trades in the last 24 hours—an indicator of market activity and liquidity.
- Price Change Percentage: Percentage change in price over specified periods—used to track short-term or long-term trends.
References & Further Reading
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Official Website / Whitepaper:
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Development / Documentation:
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Leading Media / Research:
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