What is SafeBTC?
SafeBTC another yield generating community backed decentralized Finance crypto Token. SafeBTC with tagline “a safer & Yield generating community token” having similar vision as Safemoon, Shiba Inu and other Safe subtitle projects. as mentioned in whitepaper, along with yield generating under DeFi, which safe store of value bitcoin.
SafeBTC named their feature to “penalty” which is applied to transaction, where this penalty will help to increase liquidity along with reducing the supply. Every token holder will get automated reward generated from penalty, as 4% fees will applied on every transaction, in which 2% will locked in liquidity pool and 2% distributed as rewards to users. till now 60% of supply is already burned to push prices to bullish sentiment.
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SafeBTC stands out to be different, where they make use of decentralized exchange in order to eliminate third party involvement in project that include central banks, government of countries and financial system. so, focus in simple giving full control to community, as no supply will be owned by team or developers. SafeBTC also choose Binance Smart Chain network, as It currently trading on Pancakeswap, which is biggest BSC DEX.
SafeBTC Price Prediction
Disclaimer :-This Project is Highest Risk and Highest Return kind of Project. Invest at your own Risk.
Never Invest Money that you can’t afford to lose in such projects.
|Month & Year||SAFEBTC Price Prediction|
|Based on||Yield Farming DeFi|
|Exchange Platform||Pancakeswap, Digifinex, IndoEX|
SafeBTC Price Analysis
SafeBTC has listed on CoinMarketCap around 20 days back from now on 29th March 2021, with price of $0.00000002 USD. We can understand it’s really tough to count how many zeros are there in price of 1 SAFEBTC. So let’s imagine $0.00000002 USD is 2 units. so this will simplify our life, to understand and calculate how much SAFEBTC has grown up in period of 20 days.
So while writing this article price of 1 SAFEBTC is 16 units, which is almost 8x of starting price that is 2 units. And if we have a look at All time high in 20 days then it is 17 units approximately 8.5x of initial price. This much growth is not surprising now a days, and this SAFE* coins like SAFEMOON, SAFEMARS, SAFEBTC have set a different trend in crypto market. Although there are 50:50 chances of success and failure of this projects. But as of now they are attracting all eyes towards them with significant performance. For these kinds of projects you must apply stop loss, as many big investors can pump or dump price of this coins, because of smaller market cap.
So Conclusion is, These SAFE* projects are kind of Highest Risk and Highest Return crypto projects. You may invest less than 1% of your total portfolio which won’t impact you in case you lost all of them. You should always do your own research and also calculate risk you can afford in case you lost all of your investment. Do investment on your own risk and also take advice from finance experts if in case you need.