EGGY

Halal Rating :
Comfortable
Last Price $0.0015 Last updated:
Rank 8837
1D Change -1.94 %
Market Cap -
Circulating supply 0
Maximum supply 100,000,000

Crypto Overview

Categories
  • Memes
  • BNB Smart Chain

Project Overview

EGGY is a cryptocurrency token that operates on the BNB Chain (formerly BSC). Based on available information, EGGY presents itself as a meme token with community-driven features.

Purpose and Utility

The primary stated purpose of EGGY appears to be serving as a tradeable digital asset, with emphasis on community engagement and speculative trading. Unlike some meme tokens, EGGY does not claim complex utility features or make unrealistic promises.

Business Model and Implementation

The token operates as a standard BEP-20 token on the BNB Chain, allowing for straightforward peer-to-peer transfers and trading. The project appears transparent about its nature as a meme token, without misleading claims about complex utilities or guaranteed returns.

Development Activity and Adoption

The project shows typical characteristics of a meme token, with most activity centered around trading and community engagement. While development activity appears limited, this aligns with the stated purpose of the token.

Token Distribution and Founder Involvement

Limited information is available about the exact token distribution, though on-chain data suggests no concerning concentration of tokens in founder wallets. The project appears to maintain transparency about its simple nature.

Crypto Impact

To assign a comfort level investing in EGGY from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to EGGY.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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