![]() ![]() Rumors of the founder secretly removing liquidity from the SafeMoon Liquidity Pool negatively affected the asset, causing it to crash by 50% in three days. SafeMoon’s price slump is because of something much more than the market-wide bearish conditions. Currently, the price of SafeMoon sits at $0.000537 and is currently ranked #118 on Coingecko at the time of writing. The price decline is despite the founder’s efforts to upgrade the network and cut down the humongous supply. SafeMoon has been feeling intense selling pressure on the markets, having lost around 80% of its value year-to-date. Start Trading MEXC Review What is SafeMoon’s Price Prediction for 2022? ![]() The current market cap of SafeMoon is around $290 million. SafeMoon V2 has a total supply of 1 trillion tokens, while V1 has one quadrillion tokens. SafeMoon launched the second version of their protocol which has a thousand times fewer token supply. This tax is broken down as follows: 4% is redistributed to all existing SafeMoon holders while 2% is burned, 3% is added to liquidity automatically, and the remaining 1% goes to the SafeMoon ecosystem growth fund. Every trade (buy/sell) of SafeMoon tokens incurs a 10% tax. The project has four main features: LP allocation, reflections, token burn, and a growth fund. SafeMoon was founded in March of 2021 by John Karony, who also previously worked as a data analyst for the United States Department of Defense.Įvery aspect of the SafeMoon DeFi protocol works in the community’s interest. The project is centered around the SafeMoon community of investors, also known as ‘the SafeMoon Army’. SafeMoon (SFM) is a cryptocurrency that exists on the Binance Smart blockchain.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |