What is Safemoon?
Safemoon as name indicated safely departed to the moon backed by its own protocol. Safemoon said to be pure decentralized finance i.e., DeFi Token built on Binance smart Chain. The project simply works on three main faction that include reflection, liquidity provider acquisition and token burn.
Safemoon is 100% community driven & fairly launched project, as developer will burn all team token in order to bring fair launch ecosystem. Total safemoon supply will be distributed to community and investor. Automatic LP, where user no need to provider liquidity manualy because the moment user invested from that moment platform automatically start generating liquidity locked inside PancakeSwap Liquidity pool.
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RFI static rewards main key feature that gaining huge attention from investor. in this rewards system holder earn passive rewards from static reflection, as total Safemoon will keep on increasing with time. Project dev believes in current growing DeFi market most of users gets stuck in search of multiple figure APY which resulting into loss from LP’s. so, Safemoon has introduced new concept with static reward that aim to eliminate problem caused by yield farming rewards.
Safemoon 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||SAFEMOON Price Prediction|
|Unique Feature||Static Reward|
Safemoon Coin Price Analysis
Safemoon as per CMC data was listed on 12th march 2021 with average price $0.000000010 USD with $900k USD market cap volume in 24 hours. As of writing Safemoon token raised by 352044% i.e., almost 35k times than launched price, as no ICO report recorded. This are crazy stats because Safemoon less than 1 month already surpass most of top project ROI, where most of them completed 1 year of launch. Static rewards could be the reason as on 4th April 2021, Safemoon was most visited page on CMC that means Safemoon page visited more than Bitcoin and Ethereum. in google trending stats of world filter Safemoon got breakout response i.e., almost million in searches. while, trading Safemoon with pair WBNB, BNB and BUSD user adjusting slippage up to 12% to 15%, as this happen when lot of investor trying buying token at same timing.
Predicting Safemoon pretty hard as rewards keeps on increasing, as I personally invested $200 USD and got 0.25 billion tokens. in few minutes around new 10k coin added to balance, as its not definite it follows random distribution pattern. as of now, safemoon reaches 665 million USD in diluted market cap and over $43 million worth liquidity generated.
Static rewards will be conditional as it will depended on amount of token traded on pancakeswap. Static will be creasing downwards sell pressure for early investor with keeping farming APY higher than expectation. Manual burn, as team will burn token in the favour of token holder and increase their rewards. However, team believes that this token burn process can impacted either ways because sometimes it reflects price bullish run or sometimes it can cause bearish run.
Automatic Liquidity pool mentioned as secret sauce of safemoon project, as it simply beneficial addition for token holder. However, it will prevent big dips when whale or big investor decided to cash out their investment. it simply brings price stability and also create less price fluctuation.
Will Safemoon hit $1?
Safemoon trading continue to surge and it could reach $1 USD in next 5 to 6 years.
Is Safemoon a Good Investment?
It is really hard question to ask because since its launch it already surge almost 35k times and that is huge. However, project has strong marketing team and concept with logical feature but we still suggest to DOYR before investing.
Safemoon could be the one of the top most BSC based project in term of providing higher hidden APY. In the roadmap and whitepaper, they have mentioned their concept with hiding main strategy of keeping Safemoon in the bullish trend. as Safemoon expected to integrated with whitebit and Bitmart trading platform, as process already started. However, once these two platforms confirm their integration with project then this news can give us idea about legitimacy. In Q3 2021, project will be being charity, crypto educational app, video games and community listing donation.
Safemoon also aiming to integrating with world largest crypto exchange platform Binance along with Mandala. In Q4 2021, platform will launch own exchange and charity project, first African market integration will be completing as well. However, our suggestion will be simple to do your own research by checking partner, developer and social media accounts.