SAFEMOON has been some of the well-liked tokens within the 2021 bull market. Can it mount one other rally?
SafeMoon has arguably been the primary ‘breakout star’ of the crypto world this yr. SAFEMOON grew to become a sizzling commodity in April, after recording positive aspects of a number of thousand per cent in only a few days. The coin is now in an uptrend once more, regardless of bearish situations within the broader market.
Continue studying to study extra about SafeMoon, together with a abstract of the mission and an evaluation of the present shopping for alternative. Firstly, although, check out our suggestions for where to buy SafeMoon at present.
How & where to buy SafeMoon within the UK and elsewhere
SafeMoon is now out there on a number of brokers and exchanges, thanks to its newfound recognition. You should purchase the token by signing up with one among our really useful companions, depositing funds into your account, and putting an order to buy SafeMoon.
Decentralised exchanges (DEXs) are utilized by some buyers, however these are unregulated platforms that merely cannot provide the identical safety assurances as licensed brokers. Brokers additionally provide a a lot better person expertise total, and as such are our most well-liked method to buy SafeMoon.
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What is SafeMoon?
SafeMoon is a decentralised finance (DeFi) protocol constructed on the Binance Smart Chain (BSC). Its progressive tokenomics embody burning a proportion of transaction charges to scale back the availability of SAFEMOON tokens. According to the legal guidelines of provide and demand, it is a forcing perform for value.
SafeMoon plans to launch its personal decentralised trade this yr, in addition to a nonfungible token (NFT) market, which is able to generate additional transaction charges. SAFEMOON holders will then obtain a portion of those charges, that means long run HODLers are doubtless to be rewarded.
Should I buy SafeMoon at present?
SafeMoon seems to be reversing a months-long bearish development, doubtlessly forming a backside to the present bear market. In this case, there’s arguably no higher time to buy. Up 8.4% on the day, there’s potential for each short-term and long-term positive aspects.
With plans to construct on the present recognition of the mission by creating an NFT market and trade, SafeMoon may simply turn out to be one of many 50 prime crypto cash. The charges from these capabilities could be partly awarded to long-term holders, so shopping for now may provide you with a stream of passive revenue sooner or later.
SAFEMOON value prediction
The earlier heights of SAFEMOON really feel like an age in the past now, however with the underside doubtlessly in, it may very well be solely up from right here. Currently at $0.000003389, the SAFEMOON value may rally to its month-to-month excessive round $0.00000481 if the uptrend continues.
If the bull market resumes in full, many analysts count on earlier highs to be revisited close to $0.00001.