Safe moon net6/21/2023 ![]() SafeMoon protocol will gain value over time thanks to its coin-burning strategy, making it a deflationary digital currency. This can be up to an 80% APY, which is staggering when compared to traditional interest accounts. With the SafeMoon protocol, token holders will earn more SAFEMOON depending on how many coins they have. On the other hand, the dev team burned their tokens to ensure a fair launch, and overall, they seem accessible and eager to answer any question to alleviate doubts. ![]() Those doubts were fuelled further by the announcement that the team will execute manual burns instead of algorithmically defined ones – many feel this gives the team too much control. This unusual mechanism raised some concerns about the possibility of SafeMoon being a scam. The commission works both as a penalty for speculators, rewarding long-term holders, and as a way to ensure liquidity and provide static rewards for those holders. SafeMoon discourages these users from doing so, thanks to a transaction tax. SafeMoon aims to solve the “liquidity problem.” Essentially, liquidity providers like Aave and compound bring in millions of dollars a day, with new users coming in all the time to try and farm tokens. This token-sharing mechanism aims to prevent the occurrence of significant price dips when large volumes of tokens are sold. Half of this commission is distributed between all the holders, and the other half is partly locked into a smart contract and partially put into a liquidity pool. The token holders pay a fee out of every trade – a 10% commission. SafeMoon doesn’t have any unique use cases, i.e., it’s simply a cryptocurrency, but it does have some exciting features. SafeMoon plans to develop an NFT exchange, charity projects, and cryptocurrency educational apps. It runs on the Binance Smart Chain, making it less accessible than other digital assets like bitcoin or Ethereum. It was launched in March 2021 and quickly became one of the most exciting meme coins. It is a DeFi “community-driven” project designed to help democratize yield farming. SafeMoon (SFM) is a token circulating on the SafeMoon protocol. Safemoon fans attempt to get Kim Kardashian’s attention due to Ethereum Max post.Which Exchanges Sell SafeMoon and How to Buy it?.Remember that SafeMoon has been migrated to a new contract address. The circulating supply is not available and a max. The current CoinMarketCap ranking is #2799, with a live market cap of not available. SafeMoon V2 is down 6.05% in the last 24 hours. ![]() Today’s SafeMoon V2 price is $0.000222 with a 24-hour trading volume of $1,179,756. The ‘safe ‘part of its name is perhaps a slang term in the crypto market that indicates approval rather than a reference to the coin’s apparent security. SafeMoon has made it possible for everyone to store and transfer value in a currency that is resistant to manipulation. Today we are unleashing the latest paw-some update for your SafeMoon Wallet experience! Things are about to get a BIT more exciting! Joining them in welcoming Bitcoin and Doge to the #SAFEMOONWALLET!Ĭompeting and bracing in the challenging markets, SafeMoon is a cryptocurrency that refuses to bow down to central government pressures or be chained in defective and regulatory monetary shackles. This Safemoon Price Prediction helps you track this coin’s exciting journey. The currency that started as a wink coin is now trading at $0.0006.44. While it is unclear who originated the phrase, it has probably raised the support level for the coin. SafeMoon’s name is associated with “to the moon” in the cryptocurrency communities. SafeMoon Price Prediction 2032 – up to $0.010.SafeMoon Price Prediction 2029 – up to $0.003.SafeMoon Price Prediction 2026 – up to $0.001. ![]()
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