7/22/2023 0 Comments Should i buy safe moon cryptoIt’s pretty safe to say SafeMoon crypto is still very much in the speculative stage. It’s OFFICIAL #SAFEMOON is listed on Fully tradable in 24HR /YxNTx1FeLS And that could be a major catalyst for the SafeMoon cryptos value and its skyward inclinations. At least, that was my experience.īut it just got a whole lot easier to pick up some SafeMoon crypto. And along the way, it was almost a certainty that some pieces of the puzzle would fail on the first one to five times you tried them. Once you’d found it, you’d set the slippage to between 11% and 12%, select the amount you wanted to purchase, press the swap button and then confirm the transaction. Then you would head over to PancakeSwap and search around for SafeMoon. In order to pick up SafeMoon crypto, you used to need a Trust Wallet app with a little bit of Binance Coin (BNB) in it. Trading volume has quickly been on the rise as well… all of this despite the fact that it’s a bit of a pain to invest in SafeMoon. It’s a novel approach… one that’s led to more than 1 million investors getting in on the action. That means that every time someone exits a position, those who hang on benefit. Half of that 10% transaction fee is redistributed to those holding the SafeMoon crypto. SafeMoon is trying to combat that by penalizing sellers with a 10% transaction fee and rewarding holders with passive rewards. But a lot of that volatility stems from folks getting in and out of crypto positions frequently. It’s practically part of our DNA at this point. Now, most crypto investors know a thing or two about volatility. SafeMoon crypto set out to address common issues found in other cryptocurrencies. SafeMoon Crypto Is Capitalizing on the Buying Frenzy And new up-and-comers are following the same blueprint. That’s about as straightforward as economics gets. When demand outweighs supply, the price naturally goes up. But there is a limited supply of Bitcoin out there. How did this happen? Slowly, over time, the public’s interest in crypto increased. In just 12 years, Bitcoin went from an idea to the fastest asset to reach $1 trillion ever. It’s by far the largest cryptocurrency out there in terms of market capitalization. You see, when it comes to cryptocurrencies, much of the value comes from volume. And that’s not including the thousands that have come and gone without so much as a whimper. There are roughly 4,000 cryptocurrencies competing for attention right now. All of this bodes extremely well for a new coin. Since then, its trading volume (and its value) has increased rapidly. For very speculative reasons, we included it on our list of cheap cryptocurrencies to consider picking up. We’ve actually touched on SafeMoon before. After we explain why, we’ll share all the info you’ll need in order to start investing… if it makes sense for you. But there is a lot to like about this new crypto on the block. Whether the SafeMoon crypto can keep up its rocket-propelled trajectory to the moon is anyone’s guess. But after a relatively quiet month of existence, this little crypto that might has shot up more than 12,000% in value. When it launched on March 8, 2021, it was valued at $0.00000007. The SafeMoon crypto has been getting a lot of attention from investors of late – and for good reason.
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