What is SafeMoon Token?
It’s a crypto project built on Binance Smart Chain (BSC) blockchain and is designed to reward holders for holding onto their coins. SafeMoon is not a new name to crypto traders; it was launched in Mar. 8, 2021. Like many other crypto projects, SafeMoon has gained popularity and acceptance in recent months.
SafeMoon was founded by John Karony. Its unique use case, along with its innovative tokenomics, has helped SafeMoon to stand out in the crowded cryptocurrency market.
What’s unique about SafeMoon?
One of the main selling points of SafeMoon is its focus on long-term holding. The project aims to incentivize holders to keep their coins for the long term, rather than engaging in short-term trading. This is achieved through several mechanisms, such as the penalty for selling the token. For every transaction, the smart contract charges a 10% fee transaction fee. 50% of this fee is then shared among existing holders thereby discouraging investors from selling their tokens. It may sound unusual and awkward, but it’s one of the selling points that boost the ecosystem.
Despite being a relatively new project, SafeMoon has already seen a significant increase in value. The coin was first listed on major exchanges in March 2021, at a price of around $0.0000005. Within just a few months, the price had risen to as high as $0.000005, an increase of 1000%. Since then, the price has been highly volatile, with significant fluctuations. As of January 14th, 2023, the price of SafeMoon is around $0.000016.
Safemoon Price Tracking
Keeping track of the price of SafeMoon and other cryptocurrencies could be a headache for a lot of crypto traders and investors. Crypto portfolio tracker comes in here as they provide price alerts for thousands of coins and tokens. Here is a guide on how to track the price of SafeMoon tokens.
Cryptocurrency tracking websites like CoinMarketAlert.com allow you to track the price of SafeMoon and set up price alerts. On CoinMarketAlert, you can set up various alerts for safe moon price tracking including:
Safe Moon Price Frequency Tracking alerts:
Crypto Wallet Balance
- The real-time balance of the SafeMoon in your wallet is provided for you at your predetermined frequency.
Profit/Loss
- The sole aim of trading is profit-making, you can easily access SafeMoon profit/loss information in your wallet via this alert option.
Specific Coin Market Capitalization
- You get the market capitalization of Safemoon via this alert option which is the reflection of how valuable safemoon is in the market
- Frequency Price
- Portfolio Value Frequency
Safe Moon New Data Tracking Alerts:
- Crypto Wallet Activity
- Recent High Or Low
- Trailing Stop
- Wallet Watch Alert
Available SafeMoon One-Time Price Tracking Alerts options are:
- Cryptocurrency Price Change
- Price Change (By %)
- Volume Change (By %)
- Market Capitalization Change (By %)
- Total Portfolio Value
For further readings, we have provided a list of the 10 best crypto portfolio trackers you can choose from. However, we will always recommend CoinMarketAlert as we charge less price and provide more value as compared to other crypto portfolio trackers you can come across.
In addition, Some social media platforms like Twitter, Telegram, and Reddit have communities of traders and enthusiasts who may share information and alerts about prices.
Frequently asked questions.
What is the current trading price of SafeMoon?
As of the time of writing this article, SafeMoon price is $0.000000006246
What is SafeMoon contract address?
Safe moon original contract address is 0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3
What is the market capitalization of SafeMoon?
SafeMoon has a market cap of $3,512,421. Remember market cap shows how valuable an asset is. The higher the market capitalization the higher the value.
What are the available trading pair for SafeMoon
SAFEMOON/BUSD, SAFEMOON/WBNB, and SAFEMOON/USDT are the available trading pair.
What is all-time high of SafeMoon?
SafeMoon price reach an all-time high of $0.00001399 on April 20, 2021.
What is the 24-hour trading volume of SafeMoon?
Over the past, safemoon trading volume is $33
How many SafeMoon are there in circulation?
About 562 trillion safemoon are in circulation at the moment
Is Safemoon a good investment?
Judging by its use case, SafeMoon could be a good investment. We can’t guarantee how safe SafeMoon is. However, you are advised to do your research before investing in any project.
Can I exchange my SafeMoon Token for a real-life value?
If you feel like exchanging safemoon and other tokens of your choice for a real-life value, CoinMarketAlert’s shitcoin exchange is the answer you have always wanted. You can swap your safemoon and other tokens you are no longer interested in for our 1-year portfolio tracking service. Protect your crypto portfolio with a dead project.
Bottom line
SafeMoon is a unique and innovative project that has already seen significant value growth. Its focus on long-term holding and its unique tokenomics make it an interesting option for investors looking to diversify their cryptocurrency portfolio.
However, it’s important to note that the price of SafeMoon, like any other cryptocurrency, can be highly volatile and subject to market conditions. It’s always important to do your research and consider the risks before investing in any cryptocurrency.
