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Tehran
1 Level
430 Review
6 Karma

Review on Freyrchain by Mehdi hazni

Revainrating 1 out of 5

It's quite a dead project

This project is completely gone and it is strange that it is still on the coinmarketcap list. I could hardly find an exchange where FREC currency can be traded (I found it through coingecko)
The main website of this project has put its domain up for sale and the last Twitter post is related to 2019! How else should they announce the end of the project ?!
In the screenshot of the pair page of this currency in the only exchange in which this currency is active (which means that if this exchange also deletes this currency, the currency will be completely worthless), as you can see the distance between the lowest selling price and the highest price There is a lot of buying, and this means that if we buy this currency right now from the lowest selling price and sell it at the highest buying price, we have made a huge loss!
img 1 attached to Freyrchain review by Mehdi hazni
img 2 attached to Freyrchain review by Mehdi hazni
img 3 attached to Freyrchain review by Mehdi hazni



Pros
  • none
Cons
  • high difference between the lowest selling price and the highest buying price
  • The last Twitter post is related to a long time ago
  • The domain of the main website is clearly put up for sale
  • very low daily trading volume (about $ 2 in the last 24 hours)

Comments (1)

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April 24, 2021
Social media accounts of the FreyrChain project are still open, but all posts are old, so they have been silent for a long time and have not been shared. When I look at the comments of the shared posts, it seems scary since 90% of the users wrote negative reviews.