WHAT THE HECK IS SAFE MOON
Safe Moon is introducing a new take on crypto investing. Let’s look into how this unique currency operates. content for educational purposes only
SAFEMOON HISTORY
SafeMoon was created just a few months ago in March of 2021 by John Karony (CEO) and Jack Haines (COO). The token currently has over 2.2 million holders. The currency is an altcoin with a blockchain-based system. The main feature of SafeMoon is that it rewards its holders and punishes the sellers. A 10% fee is charged to anyone who sells their tokens. 5% of this fee is then redistributed to all other Safe Moon owners. By doing this, Safe Moon incentivizes holding its currency and disincentivizes some investing strategies such as day-trading and swing trading.
SAFEMOON PERFORMANCE
Safe Moon has followed the crypto trend over the last few months. The token has seen substantial gains over the last few months. However, the currency dropped with the crypto market over the last week as China set new restrictions on crypto. 36.95% Back to SafeMoon cooled off with the rest of the market 7 DAYS 26.72% Continued Drop The currency has continued to drop
1 MONTH 1.539%
To the Moon
Safe Moon soared as it grew in popularity
2 MONTHS
SAFEMOON STATS
SafeMoon Protocol is a decentralized finance (Defi) token. According to their website, the token has three functions: Reflection, LP Acquisition, and Burn. Safe Moon is currently the 202nd largest crypto.
Market cap $2.7 billion
The total amount of money invested4
Volume
The number of coins traded in the past day $33.91 Million
Volume / cap 1.26%
Percentage of coins traded in the day by $
Supply
1 Quadrillion Safe Moon Total available coins
Max supply Total coins that will ever exist
SAFEMOON VERDICT
Safe moon has emerged as an up-and-coming currency on the crypto market but has not fully proven itself yet. If you’re willing to risk that their take on incentivizing holders and punishing sellers will help grow the currency, then it might just be a worthy investment!COMMUNITIES
Reddit https://www.reddit.com/r/SafeMoon
Twitter https://twitter.com/safemoon
Forum https://forums.safemoon.net/
SAFEMOON HOW TO BUY
SafeMoon is currently not available on any of the major crypto brokerages. If you’re not one of the most risk-seeking of buyers then this should give you major pause. New coins and projects haven’t stood the test of time like some of the more established coins. So there’s no telling how long Safe Moon will be around or if any major issues will be found. If you’re still comfortable with the risk then head over to Safe Moon’s website to learn more about purchasing the coin.
WEBSITE
Home https://safemoon.net/
