Magic Bag

1. Summary

Ranks

Liquidity

-

Developer

-

Social

39

Momentum (beta)

0

Stack Rank™

-

Price

$0.000253530000 0.0%

Market Cap

$0.00 (#12188)

Supply

/

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Price
52W High price	$0.007619746100
52W High date	28th May 2023 (2 years ago)
All Time High (ATH) Date	21st Feb 2025 (3 months ago)
All Time Low (ATL) Date	21st Feb 2025 (3 months ago)

Supply & Trading Volume
Trading Volume (24h)	$12.00

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Description

Magic Bag introduces a novel approach to tokenomics with its native token, $FELIX. This ERC20 token operates on a smart contract that incorporates three key features: True Burn, Smart LP, and Reflections.

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Magic Bag introduces a novel approach to tokenomics with its native token, $FELIX. This ERC20 token operates on a smart contract that incorporates three key features: True Burn, Smart LP, and Reflections.

Tokenomics of $FELIX

• True Burn: A genuine burn mechanism permanently decreases the total supply of tokens with each interaction. The "Incinerator" feature allows holders to contribute to the burn.

• Smart LP: An auto-growing liquidity pool rewards LP token holders without additional costs by rerouting tokens meant for liquidity back to the LP address, preventing ETH withdrawals.

• Reflections: Holders earn ETH based on their ownership percentage, encouraging long-term holding. The allocation of Ethereum is proportional to token holdings.

The smart contract ensures low gas fees on transactions through its internalized fees. Every buy or sell transaction is a game of chance, determining the contract's function, while the deployer covers the fees for swapping ETH.

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