SafeMoon coin entered the market only in spring 2021 and rushed to attract the attention of investors. The DeFi market has a new player to turn the decentralized sector, already known for its inconsistency, upside down. SAFEMOON is compared to DOGE, and it is said to be a new progressive altcoin. Let’s figure out what SafeMoon is and what to expect in its price prediction.
SafeMoon Crypto Overview
- Our real-time SAFEMOON to USD price update shows the current Safemoon price as $0.0₈4968 USD.
- Our most recent Safemoon price forecast indicates that its value will increase by 7.05% and reach $0.000000005318 by December 17, 2023.
- Our technical indicators signal about the Bearish Bullish 37% market sentiment on Safemoon, while the Fear & Greed Index is displaying a score of 70 (Greed).
- Over the last 30 days, Safemoon has had 30/30 (100%) green days and 0.00% price volatility.
Safemoon Profit Calculator
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Safemoon (SAFEMOON) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Safemoon (SAFEMOON) Price Prediction For Today, Tomorrow and Next 30 Days
| Date | Price | Change |
|---|---|---|
| December 16, 2023 | $0.000000004967 | -0.02% |
| December 17, 2023 | $0.000000005253 | 5.74% |
| December 18, 2023 | $0.000000005318 | 7.05% |
| December 19, 2023 | $0.000000005047 | 1.59% |
| December 20, 2023 | $0.000000004606 | -7.29% |
| December 21, 2023 | $0.000000004735 | -4.69% |
| December 22, 2023 | $0.000000005164 | 3.95% |
| December 23, 2023 | $0.000000005127 | 3.2% |
| December 24, 2023 | $0.000000004727 | -4.85% |
| December 25, 2023 | $0.000000004791 | -3.56% |
| December 26, 2023 | $0.000000005068 | 2.01% |
| December 27, 2023 | $0.000000004320 | -13.04% |
| December 28, 2023 | $0.000000004628 | -6.84% |
| December 29, 2023 | $0.000000005231 | 5.29% |
| December 30, 2023 | $0.000000005397 | 8.64% |
| December 31, 2023 | $0.000000005416 | 9.02% |
| January 01, 2024 | $0.000000005262 | 5.92% |
| January 02, 2024 | $0.000000004917 | -1.03% |
| January 03, 2024 | $0.000000004691 | -5.58% |
| January 04, 2024 | $0.000000004703 | -5.33% |
| January 05, 2024 | $0.000000004894 | -1.49% |
| January 06, 2024 | $0.000000004550 | -8.41% |
| January 07, 2024 | $0.000000005320 | 7.09% |
| January 08, 2024 | $0.000000005211 | 4.89% |
| January 09, 2024 | $0.000000004591 | -7.59% |
| January 10, 2024 | $0.000000004576 | -7.89% |
| January 11, 2024 | $0.000000004695 | -5.5% |
| January 12, 2024 | $0.000000004546 | -8.49% |
| January 13, 2024 | $0.000000004772 | -3.95% |
| January 14, 2024 | $0.000000005468 | 10.06% |
SafeMoon Prediction Table
SafeMoon Historical
What Is SafeMoon?
SafeMoon is more than just a cryptocurrency; it’s a movement deeply rooted in its community-driven approach, often celebrated as the SafeMoon Army. This digital currency is about leveraging blockchain technology, not only for financial gain but also to foster positive change and innovation, venturing into realms like the metaverse, NFTs, and blockchain commerce.
In its essence, SafeMoon is a decentralized finance (DeFi) token. But what sets it apart is its four distinctive features activated with each trade: reflection, LP acquisition, token burn, and a growth fund. These functions collectively aim to create a deflationary currency that increases in value over time. The SafeMoon Protocol is particularly attractive to token holders as it rewards them simply for holding the tokens, aligning with the protocol’s long-term value appreciation strategy.
SafeMoon’s journey is about expanding and applying its technology to foster new innovations for good. It adheres to the Venture Philanthropy model and emphasizes the importance of making a positive impact globally through its technological advancements.
Furthermore, SafeMoon’s ambitious roadmap includes expanding into a centralized exchange and an NFT marketplace. These plans build on its already released decentralized exchange and mobile app, showcasing the protocol’s growing popularity and vision.
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SafeMoon V2 Explained
December 2021 marked a significant milestone for SafeMoon with the migration from SafeMoon V1 to SafeMoon V2. This transition was not just a simple upgrade but a consolidation of the original supply at a 1:1000 ratio, representing an impressive evolution in the SafeMoon journey.
SafeMoon V2 (SFM) is a revamped and more advanced version of its predecessor, tailored to address and resolve common issues in the cryptocurrency world, including the challenges of mining rewards, farming rewards, and liquidity provisions. This upgrade is an embodiment of a community-driven blockchain protocol, fine-tuned for efficiency and effectiveness.
One of the most notable features of SafeMoon V2 is its unique approach to rewarding its users. Instead of the conventional mining process, which often incurs sizable fees, SafeMoon V2 utilizes a smart contract-based token reflection mechanism. This system rewards users with additional tokens for every transaction on the platform. These rewards are accumulated without any transaction fees, secured and automated by the smart contract system.
Additionally, SafeMoon V2 has innovated the liquidity provision process. The protocol now automatically captures liquidity through smart contract functionality, which also facilitates token burning. This token-burning process is integral to reducing the token supply, hence promoting its scarcity and potentially increasing its value.
Some of the standout features of SafeMoon V2 include:
- Flexibility. V2 enhances the ecosystem’s dynamics by allowing adjustments in transaction fees and integrating new products that leverage SafeMoon.
- Autonomy. The self-governing nature of V2 empowers the protocol to manage the liquidity pool and introduce more pairing options.
- Enhanced Security. Improved responses to threats targeting smart contracts bolster the overall security of the ecosystem.
- Increased Volume. Higher token volume in V2 aims to benefit users through lower rates.
- Lower Trade Rates. The reduction in trade rates from 10% to 2% positions SafeMoon as a more practical utility token.
SafeMoon Price History
Since its inception, SafeMoon’s price history has been a rollercoaster ride, reflective of the volatile and dynamic nature of the cryptocurrency market. Initially, SafeMoon garnered much attention and skyrocketed in popularity, largely due to its unique tokenomics and strong community support, often leading to substantial price surges. However, like many cryptocurrencies, SafeMoon has also experienced its share of fluctuations and downturns.
Throughout its journey, the price of SafeMoon has been influenced by various factors, including general market trends, investor sentiment, and its evolving technology and roadmap. Key updates like the transition from SafeMoon V1 to V2 have also played a pivotal role in shaping its market value. While it has seen peaks, often coinciding with major announcements or crypto market rallies, there have also been periods of decline, mirroring broader market sentiments and regulatory changes in the crypto space. As with any cryptocurrency, potential investors in SafeMoon are advised to be aware of its volatile price history and conduct thorough research before making investment decisions.
SafeMoon Price Forecast: Expert Opinions
The SFM price forecast from Wallet Investor is bearish in the long-term: they regard SafeMoon coin as a bad investment. Gov Capital’s technical analysis also expects the SFM cryptocurrency price to go down in the future. In fact, most price projections from various crypto and financial experts on the SFM price are incredibly pessimistic. However, this is the crypto market, so SafeMoon’s future price movements can still surprise everyone.
Is SafeMoon a Good Investment?
SafeMoon is considered a non-profitable investment by most experts and technical analysis platforms. Depending on your goals, it can still fit your investment portfolio, but there are safer investments out there. This cryptocurrency isn’t available on many major crypto exchanges, and, therefore, it can be hard to buy, exchange, or sell it in the future. Make sure to do your research before buying it.
Please remember that this article and other SafeMoon price predictions do not constitute investment advice. Remember to do your own research.
FAQ
In this section, we accumulated all the frequently asked questions concerning the SafeMoon token.
How to buy SafeMoon (SAFEMOON)?
SafeMoon is not traded on each and every exchange platform. You can exchange USDT for SAFEMOON on Gate.io, MXC.COM, BitMart, and WhiteBit exchanges. PancakeSwap exchange offers SAFEMOON/WBNB and SAFEMOON/BUSD swaps.
Yet, it’s currently impossible to buy SafeMoon on Changelly; however, you can buy USDT or exchange some crypto to swap it on another exchange.
Can SafeMoon reach $1?
The SafeMoon coin value may continue to grow due to shortages which tend to encourage the current price in the market to rise. Please note, any investing involves certain risks. Do your own research and invest wisely to obtain the most extensive possible result and conduct the best possible research.
What will SafeMoon be worth in 2022?
According to the SafeMoon price predictions and technical analysis, in 2022, the SAFEMOON price may cross the level of $0.000002, the expected minimum value of the price of SafeMoon currency by the end of 2022 may be at $0.0000021256. Moreover, SAFEMOON might reach the maximum price level of $0.0000068136.
What is the projection of SafeMoon?
In terms of future prices, the SafeMoon token has an outstanding potential to reach new heights. It is predicted that the cost of SAFEMOON will increase. According to the SafeMoon forecast by experts and business analysts, the SafeMoon coin can reach an all-time high price of $0.0000125 by 2030.
Is SafeMoon a long-term investment?
The SafeMoon currency is one of the newest crypto assets. However, despite the limited time spent on the market, it has shown significant price growth.
The cryptocurrency is intended for long-term investors and those who hold the coin and do not sell it, receiving a reward for this. For this reason, SafeMoon can be a significant cryptocurrency to buy, especially if you are looking for a long-term investment that may prove profitable in the future.
Can SafeMoon hit a penny?
There are all chances SafeMoon might hit a penny in value at some point in the future. However, it’s worth pointing out that even the most optimistic long-term SafeMoon crypto price prediction sees it valued at less than a cent in seven years from now.
How much will SafeMoon be worth by the end 2021?
According to our prediction, the average price of SafeMoon coins will be about $$0.0000015 by the end of 2021.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
