Altcoins

Will Jeff Bezos & Kim Kardashian Take “SAFEMOON to the Moon”?

Since Billionaires endorsing crypto tokens is becoming a thing now, rumors have it that Jeff Bezos is planning to invest billions in SafeMoon cryptocurrency and will soon take on Elon Musk’s Dogecoin

It was previously rumoured that Bezos would invest billions in Dogecoin following Tesla CEO Elon Musk. However, Bezos never acknowledged the claims nor rubbished them. 

Several crypto groups on Telegram say that Bezos aims to get SafeMoon to $1 before Musk gets Dogecoin to that level. As a result of rumors like these, investors have increased their investments in SafeMoon with the expectation of profiting from Bezos’ stake.

If you think this is too much drama already, there’s more up your alley. SafeMoon lovers have huddled up to get TV star Kim Kardashian’s attention. This comes after she announced Ethereum Max. Her advertisement for the tech crypto on Instagram got a lot of traction. 

Etheruem Max skyrocketed after Kim K lauded the crypto. In a few minutes, the crypto burned nearly 400 billion tokens, i.e 50% of its portfolio. She also attached a link to the post. 

Since then, thousands of passionate posts for Safemoon have filled Kim’s Instagram profile. The celebrity has yet to speak on the topic, but investors are hopeful that she will do so soon.

SafeMoon will soon surge 16%!

SafeMoon price soared 27% after breaching the support level at $0.00000344 for the 5th time in the last 10 days. The token has ripped the 50% Fibonacci retracement level at $0.00000397 and struck resistance at $0.00000450 after a rapid spike in a bullish trend.

The price will most likely face a slight retreat to the immediate support, which is the range’s midpoint at $0.00000397, after such a rapid run. SafeMoon may consolidate or continue its ascent at this point. If the altcoin breaks through the resistance level at $0.00000450, it might rally by 16%.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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