Coin Market Cap currently has each token at $0.00000436, down on its peak of $0.000014 in late April, but a sharp increase from its $0.0000000010 launch value. Like Dogecoin, SafeMoon is worth a lot less than Bitcoin or Ethereum per-unit, but had been climbing in value until recently. SafeMoon price: How much is SafeMoon worth?
A billboard for the cryptocurrency appeared in New York's Times Square last month (May 10), along with a message proclaiming it "The world's fastest growing cryptocurrency.". The pair also announced that they were working with Simplex, a platform that enables users to purchase cryptocurrency using a credit or debit card. SafeMoon's CEO John Karony and COO Jack Haines have revealed plans to use Minecraft as a platform to test possible new features. SafeMoon value is up by 1.6% in the past 24 hours. SafeMoon could also be seen as a more serious take on Dogecoin, the tongue-in-cheek altcoin with an unofficial rallying cry of “To the moon” - SafeMoon’s slogan is “Safely to the Moon.” Latest SafeMoon news (Updated June 2) One criticism of cryptocurrencies like Bitcoin is how they’ve strayed from their original goal of providing a working, decentralized currency to simply become investable commodities it’s not clear what, if anything, you’ll actually be able to buy with SafeMoon, but the selling fee is at least encouraging owners not to just buy and sell their tokens for now. SafeMoon’s unique feature is that it charges a 10% fee to anyone who sells their tokens 5% of this fee is then redistributed to all other SafeMoon owners, essentially rewarding those who hang onto their tokens and disincentivizing selling. It launched in March 2021 and has already racked up over 1 million users. SafeMoon is an altcoin: a blockchain-based digital currency broadly similar to Bitcoin, but with some clear distinctions as well. #Should i buy safe moon crypto how to#
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