In a world where social media rules the world, it is no surprise that a crypto-based social app pops up. Froooog operates similarly to other social networking platforms. Users can create an account, customize their profile, and post updates, photos, and videos. They can follow other users and be followed in return, fostering a sense of community and interaction. Users can earn $FROG coins based on their engagement, including likes, comments, and shares.
$FROG Token and Price
The token is released on two chains at the moment. Currently, the coin is tradable on the BSC. However, due to Solana’s recent success exceeding Ethereum’s trading volume, the project aims to bridge the token. Bridging could bring in a lot of investors to a project that has already a fully functional utility. The current market cap is just below $5K. That is why we are so surprised.
For a fully functional project, this is not what we would like to see. It means that marketing funds have been spent wrong or that the efforts have been low. Luckily, this is something that can be worked on. Once these marketing efforts start to pay off, there is no doubt that we will see an increase in value of 100X on this project.
For trading on the BSC, the address is 0xa4bbbe9856724dd5d766ba6ea858e54953cb7bbe
For trading on SOL, the address is Ay8KFpVVQRygy2t8zuavbA3xMns3srM5BjyfVzZyDeay
Utility
Now comes the part where you finally see what we are so surprised about. Just look at the picture above how well the platform looks. The project is a socialfi project, aiming to set a new standard for social application in the blockchain. Their website took a lot of inspiration from X, which is one of the most used social apps. We certainly hope that censorship is not part of $FROG, as X is known for having a very open platform where all sorts of content is available.
Besides a working platform, there is another part of the project that has been created well. The staking and exchange without the interruption of a third party. A project with multiple working utilities with a low market capitalization is the dream of every trader looking for a trustworthy and long-term investment, which is profitable in both the short and long term.
Team
The team had a previous project following the same meme. PepeMo nearly reached a million-dollar market cap before the trading volume dried out. This means that the team can grow a meme token, and because of that, a utility token must be no challenge for them. There is some work left to do, but in this market cap, a small investment could already mean a lot of profit if the market capitalization grows to one million dollars.
Community
Joining their Telegram group, you will currently join a group where they ask you to shill the project and raid tweets. Not a lot of other activity going on there, but that is what you would expect from a project with such a low market cap. We hope by time, we can see some real conversations going on and the community giving some feedback, rather than spamming and asking to raid some tweets.
Additional Info
As previously mentioned, a launch is about to take place on the Solana chain. This would hopefully bring the exposure that the project was looking for. This time, the team could improve on various aspects since they have a bigger budget available. Their previous coin started with a budget of $69. With more funds, they could reach unimaginable heights.
Conclusion
Ever dreamt of a probable 100X token? We think we finally found one. The token could increase significantly in value if the right steps are taken by the team. We are not shy to admit that even we will invest some money in it, as the risk involved is very low compared to what you can earn.
