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what is safemoon stock name

by Mrs. Trudie Abshire IV Published 3 years ago Updated 2 years ago
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What is safemoon’s market cap?

If you would like to know where to buy SafeMoon at the current rate, the top cryptocurrency exchanges for trading in SafeMoon stock are currently MEXC, Gate.io, BitMart, Bitrue, and BitForex. You can find others listed on our crypto exchanges page.

What is safemoon (safemoon)?

SAFEMOON Price Current Data. SafeMoon price today is $0.000000422 USD, which is Down by -1.04% over the last 24 hours. There has been an hourly Dip by -1.37%. SafeMoon's market cap currently sits at $237,760,340.36 USD, holding up for a market cap rank at #236. The volume were at $24,728 USD SafeMoon ranks no 236 in the market capitalization of ...

Who are the founders of safemoon?

The SafeMoon Protocol V2 is a community focused DeFi token that forms part of the expanding SafeMoon ecosystem. Four simple functions occur during each trade. Reflections 4% is Redistributed to all existing holders; LP Acquisition 3% is added to liquidity; Token Burn 2% of tokens are burned; Growth Fund 1% is added to the SafeMoon Ecosystem ...

Is safemoon a scam or a good investment?

 · Real-time trade and investing ideas on SAFEMOON SAFEMOON.X from the largest community of traders and investors. Rooms Shows Rankings Earnings Newsletters Shop. Cancel. Log In. Sign Up. DOW 0.00%. S&P 500 0.00%. NASDAQ 0.00%. Trending now. SAFEMOON 0.00 0.00 (0.00%) Watch. SAFEMOON CRYPTO Updated May 10, 2022 12:09 AM. SAFEMOON.X …

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 · Get the latest SafeMoon USD (SAFEMOON-USD) cryptocurrency price, charts, news, analysis, and investment tools. Check vital information to help with your crypto investing.

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What is safe moon?

The safe moon is a Defi cryptocurrency launched in the mid of March 2021. It recently launched and went very high. It went from zero to top in just seven days. Safe moon protocol works on3 simple functions: Reflection + LP acquisition + Burn-In each trade, the transaction is taxed a 10% fee, split two ways.

When was the safe moon launched?

About SafeMoon : The safe moon is a Defi cryptocurrency launched in the mid of March 2021. It recently launched and went very high. It went from zero to top in just seven days.

How does safe moon work?

It went from zero to top in just seven days. Safe moon protocol works on3 simple functions: Reflection + LP acquisition + Burn-In each trade, the transaction is taxed a 10% fee, split two ways. Currently the total supply of the coin is 1,000,000,000,000,000, Burned Dev Tokens: 223,000,000,000,000, and Presale Supply: 777,000,000,000,000 . 5% fee = redistributed to all current holders 5% fee is split 50/50, half of which is sold by the agreement into BNB. In contrast, the other half of the SAFEMOON tokens are paired automatically with the previously mentioned BNB and appended as a liquidity pair on Pancake Swap.

When did SafeMoon launch?

SafeMoon officially launched on March 8, which makes it an incredibly young project. In many ways, SafeMoon was inspired by another deflationary altcoin project, Hoge, which saw similar growth during its early stages.

Why are people buying SafeMoon?

SafeMoon's stock price forecast. Mainly, people are buying up SafeMoon because they hope that it will continue to go up more. While some coins, like Doge and Hoge, are based on memes, SafeMoon isn’t—it’s just a speculative rollercoaster. As long as prices continue to soar, new investors are going to jump in.

How much does SafeMoon burn?

For example, SafeMoon has a 5 percent burn rate and a 5 percent auto-staking rate. If you buy or sell $100 in Safemoon, $5 of the token will be destroyed permanently, while another 5 percent will be transferred to the remaining holders. Long-term holders of SafeMoon can watch their wallets automatically keep growing, ...

Is Safemoon a get rich scheme?

While some have called SafeMoon a glorified get-rich-quick scheme, investors can't deny that SafeMoon has built one of the fastest-growing crypto communities around. With prices skyrocketing by tens of thousands of a percent over the past three weeks, this super speculative token might be worth checking out. Source: Safemoon.

Is SafeMoon a short term investment?

If playing a speculative game of musical chairs sounds appealing to you, there’s a chance you could make some gains with SafeMoon as a short-term investment. However, for most people, by the time they find out about SafeMoon, their chance for a massive 10,000 percent or more gain is out of the picture.

What is Safemoon?

Safemoon is a cryptocurrency that launched in March. The original supply was one quadrillion tokens, but the developers burned (destroyed) 223 trillion. That left a launch supply of 777 trillion. It's not listed on the major cryptocurrency exchanges, so most buyers get it on the decentralized PancakeSwap exchange.

Safemoon is the furthest thing from safe

The design of Safemoon is intended to encourage holding onto it and to drive the price up. There's one thing we haven't gone over, which is what Safemoon actually does. And that's one of the biggest problems.

Buying Safemoon is a gamble

I first heard about Safemoon a few weeks ago. My initial thought was that it seemed like a pump and dump, and the pump was already over. Nothing I've seen since then has improved my opinion of it.

The Motley Fool

Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community.

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