Safemoon is a new cryptocurrency launched recently that attracted many online on various platforms. The huge spike that the project witnessed offlet, raised many eyebrows, with an growing interest overtime.
Safemoon is a community driven decentralized DeFi token that performs three functions during trade, Reflection, LP Acquisition and Burn. Moreover, the developers of the project are doing a lot of online interviews and AMA sessions to create awareness of the project.
Having the plans to develop a non-fungible token (NFT) exchange, the platform intends to develop charity projects and crypto educational apps as well.
Lets dig in deep to know the future prospects and the price variation with predictions.
|Market cap||$ 0.0000|
|Circulating Supply||$ 0.0000|
|Trading Volume||$ 95,208,357.0000|
|All time high||$ 0.0000 April 21, 2021|
|All time low||$ 0.0000 March 14, 2021|
What is SafeMoon?
The Safemoon protocol was launched recently on March 08, 2021. As per the website, the token is based on three main functions, Reflection(Static Rewards), LP Acquisition, and Burn. The people who hold the token for a long time are eligible for static rewards. The automatic LP helps to control the volatility of the price.
Maintaining the safety of the protocol, the developer burned all tokens in the Dev wallet before launch, having a fair launch on DxSale. The LP is locked on DxLocker for four year and generated with every trade & locked on Pancake swap.
SafeMoon Price Prediction 2021
SafeMoon initiated its trade on March 10, 2021, with a price almost close to $0. However, it gained enough momentum to propel and rise steadily. Within a month, at the beginning of April 2021, the token was successful to attract many traders who infused huge liquidity into the project to uplift the price. The price at the time of this composition is around $0.00000702 and displays a strong tendency to surge high.
SafeMoon in the coming 3-4 months may gain bullish momentum and reach somewhere around $0.00000845. However, the project has attracted many traders and hence a huge spike in its price may be expected in coming months. By the end of 2021, the price may gain another decimal and rise to $0.00001256, keeping the uptrend intact.
SafeMoon Price Prediction 2022
The price is expected to carry the previous year close without any slippage and rally further determining new highs. The price may discover its new highs throughout the year by forming new ATH every now and then. By the end of 2022, the price is expected to fly high to hit the levels around $0.000016 to $0.00001655
SafeMoon Price Prediction for the Next 5 Years
The price is looked upon to inculcate a steady approach and rally accordingly. No doubt some slight pullbacks may also be the part of the rally, yet the bullish momentum is expected to be restored and applied. The price however, within a normal bull run may go above $0.00003 to $0.00005 by the end of 2025.
SafeMoon Price Market Prediction
- Wallet Investor
According to Wallet investor, the price is expected to go up from $0.0000056 to $0.00002 within a year. In the next five years the price may hit $0.000088 with minimal drops in the price.
- Digital Coin Price
The price is expected to surpass $0.00002 by the beginning of 2023 however the price may surge above $0.0000256 by the end of 2025.
Bullis coming predicts more or less a similar price pattern. According to them the price will surpass $0.0000245 by 2023 and rally further to cross $0.0000329 by the end of 2024. By the end of 2025, the price may hit $0.0000341.
Our Price Prediction
Considering all the fundamental and technical analysis, the Safemoon price may continue to rally By the end of 2021, the safemoon price may surpass $0.00001 levels and by the end of 2025. Interestingly, the price may go as high as $0.00006 to $0.00008 levels.
SafeMoon is a community driven, DeFi token that aims to excel in the crypto space by developing an NFT exchange.
SafeMoon can be considered for a long term investment as the price is expected to rally high in the coming five years.
Considering the present price and its movements, $0.1 seems to be very far off. However, crypto space is filled with surprises and hence this milestone despite being far off, may still be an achievable target.
To buy Safemoon token, one must have BNB. Later, using your wallet, browse Pancake Swap on your DApp tab ans in the swap option, select ‘Safemoon’. Enter the amount you want to swap and click on swap button.
*Note: You need to set slippage between 11%-12% before swapping
Very little is known about this cryptocurrency at this moment. Some belive it is a get-rich-quick scheme, some are currently unsure while some influencers refer it to a pyramid scheme.