5/26/2023 0 Comments Safe moon crypto![]() ![]() Please check other websites to see the latest price. Note that crypto prices tend to change wildly. Learn more about Safemoon How much is my Safemoon worth?Īt the time of writing, the Safemoon price is $0.000002115. For example, there are bonds, money market funds, and real estate. Why stick to just cryptocurrency? You might want to invest in conventional assets too. Don’t invest in anything you don’t understand. More importantly, learn more about cryptocurrencies in general. You may read the other crypto resources on Inquirer USA. Perhaps you may find Safemoon tokens to be a good investment after all. Of course, you should also verify this article yourself. However, you should be careful when taking their advice. They share views about a coin that you might not see from mainstream sources. Other sources – Believe it or not, online forums and videos are a good source of insight.A lot of good coins started at the bottom! Of course, that doesn’t mean all coins below the top 10 are bad. That means it has a big market cap, showing growth potential and stability. Ranking – If your chosen coin is in the CoinMarketCap top 10, that’s a good sign.What’s more, that crypto has a good chance of gaining value. That means other people placed their trust in that coin. Recent projects or partnerships – it’s a good sign if well-known companies work with your chosen crypto.For example, Ethereum (ETH) is useful for creating smart contracts and decentralized applications (dapps). Purpose – Unlike Safemoon coins, most cryptos have a use-case beyond just waiting for a long-term price increase.Cryptos usually have a website that contains details about them. Research! – Learn all about a cryptocurrency before buying it.That doesn’t look like a good investment! You have to wait for profit. The Safemoon whitepaper doesn’t tell you about the coin’s other uses. And it should since it explains lots of systems that work with each other. It often looks like a typical college thesis paper. Whitepapers tell you what a cryptocurrency does and how it works. The writer reads the whitepapers then simplifies the contents for readers. If you check crypto articles from Inquirer USA, you’ll see that it’s based on research. For example, stocks allow companies to raise funds. They have some purpose in the real world. That’s a red flag for any investment, not just crypto. The Safemoon website for its whitepaper doesn’t explain other use-cases. Second, Safemoon coins don’t seem to have any other purpose. However, cryptocurrency exchanges may charge similar costs. Others don’t require such a fee, even Bitcoin (BTC) and Ethereum (ETH). Still, this doesn’t look good for this crypto. This lets people buy and sell BNB and SAFEMOON tokens. That’s why the protocol turns half of the other 5% into Binance (BNB) coins. Safemoon’s native network is the Binance Smart Chain. You have to pay a 10% fee if you sell your Safemoons. There are some issues with how Safemoon tokens work. Look beyond the super low price and the plans for crypto educational apps. IF YOU HOLD #SAFEMOON YOU ARE GROWING DAILY FROM TOKENOMICS… UP OR DOWN YOU’RE STILL GOING UP IN TOKENS □□ #HOLD If you bought it at that price, you could have earned quite a bit! Why Safemoon isn’t “safe.” The all-time high was on April 21 at 0.00001375. The circulating supply is also silly: 585,536,366,402,812 SAFEMOON!Īs you can see, you could easily buy a million Safemoon bucks. The total tokens burned right now are over 420 trillion Safemoon coins!Īt the time of writing, the Safemoon price is $0.000002115. The team is quite ambitious, right? Safemoon: Price, market cap, and moreĪccording to the Safemoon token site, it has 2,496,401 holders. Then, it will expand to other large exchanges and Africa. In the next quarter, Safemoon will start a charity project. During Q2 2021, it will start crafting the NFT exchange, a crypto educational app, and a few video game integrations. The Safemoon team also sets goals for itself this year. In other words, they gain money as the value goes up. What’s more, people who own Safemoon bucks earn passive rewards. ![]()
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