Billionaire Elon Musk has also already gotten involved with DogeZilla by posting a tweet.
And, while it has big ambitions, its current market value is someway below the $1 dollar threshold - but has experienced a steady increase in price since its launch.
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In conclusion, our Safemoon forecast has covered what this token is and how it functions. As you can imagine, Safemoonâs small size combined with the media attention it has received has meant that many retail investors believe it could reach dizzying heights. Although this could be true, the fact that Safemoon doesnât have any real-world uses as of yet could be an issue; however, if this changes, we could see some significant moves in the months and years ahead.
CoinMarketCal is the leading economic calendar for reliable cryptocurrency news. It covers all events that help crypto traders make better decisions. English íê”ìŽ Đ ŃŃŃĐșĐžĐč TĂŒrkçe æ„æŹăź Español PortuguĂȘs Indonesia Our services Advertise | Media kit Advertise | Direct order Manage a coin API Follow us Twitter Telegram bot Twitter bot Newsletter About us Privacy policy Terms of service API terms of service Contact us Download our app This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Overview of SafeMoonSafeMoon: Historical DataSafeMoon Price Prediction: Market SentimentSafeMoon Price Prediction 2021SafeMoon Price Prediction 2022SafeMoon Price Prediction 2023SafeMoon Price Prediction 2024SafeMoon Price Prediction 2025FAQsBuy SafeMoon
Influencers like disc jockey Diplo, YouTube star Jake Paul and platinum-selling rapper Lil Yachty touted SafeMoon, though none were compensated for doing this, according to Karony. SafeMoonâs Twitter account now has more than 968,000 followers.
This section details the data used in this work; all data collection was undertaken while following the appropriate terms of service and privacy conditions of each respective data source outlined below.
Ahead of the SafeMoon wallet release, its eponymous native tokenâs price was on a steady upward crawl. Beginning the week at $0.00000184, it made its way up to $0.00000365 by August 28. However, this proved a brief moment in the sun for SAFEMOON as two hours after the walletâs intended release, the price crashed back down to $0.00000292. From this figure, the tokenâs value has continued to tumble. At time of press, SAFEMOON was down 22.2%, with a value at that time of $0.00000281.
With the V2 upgrade, SafeMoon contracts will have additional use-cases, driving the tokenâs adoption higher.
Cryptocurrency markets are decentralised, which means they are not issued or backed by a central authority such as a government. Instead, they run across a network of computers. However, cryptocurrencies can be bought and sold via exchanges and stored in âwalletsâ .
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Considering there are no sudden jolts or risks ahead for cryptocurrency markets, SafeMoon is all set to affirm its strong position as a major attraction among its investor community. The road ahead is full of petals provided the investor confidence keeps booming, resulting in a major push to the price, taking it across all barriers scaling $0.000011.
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Despite its success, SafeMoon still remains to be an undervalued crypto among the investorsâ community. The coin is still in its initial days as it was launched in March, 2021. Early investors would be rewarded in the long run when the token finds it way into top trading platforms.
Similar to forex â foreign exchange â trading, there can be significant risks involved with a largely unregulated market, and your best bet is to get informed beforehand, and donât invest any money you canât afford to lose. Regulators are still trying to figure out how to classify cryptocurrencies, for purposes of trading, payments, antifraud, taxation, and more. Clear regulation may help us understand how to use cryptocurrency and what its future may look like, but we arenât there yet.
As a beginner in crypto, youâre unlikely to know which cryptocurrency is the best and which one to invest in. There are more than 6000 cryptocurrencies, so picking out the best one with high growth potential by yourself may be an arduous task. Bitcoin is an obvious crypto investment given its popularity and constant growth â even with the frequent market volatility. However, there are many other cryptocurrencies that you can invest in with high growth potential as well.
According to Karony, SafeMoon could soon be listed on top cryptocurrency exchanges, increasing the accessibility of the token.