COINEX – The Global Digital Coin Exchange has listed the digital token TRIBE last April 4, 2021 with the initial trading price of $7.50.
FEI uses a new kind of stablecoin mechanism called direct incentives. It is more capital efficient, has a fair distribution, and is fully decentralized. FEI Protocol will launch with a fully decentralized DAO on day one. The TRIBE token controls the DAO.
Trying to invest this new digital asset; 50 TRIBE @ $2.2847 which is equivalent to $114.235 and 50 TRIBE @ $1.8987 which is equivalent $94.935 respectively. This trade purchased is totaled to $209.17.
As of to date (07 April 2021, 4:30 A.M.), the TRIBE value is $1.6160/token. Computing the invested 100 TRIBE this would be equivalent to $161.60 losing about -$47.57 to my total invested amount.
I would say that investing new asset is good, however, it is very risky. Time would tell when will this investment be yield.
If you would like to try this experience on the platform, you may click this link and register your own account in COINEX .
*Do take note: “Invest what you can afford to lose”.
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