SafeMoon may have some investors concerned that it will not return to its prior glory. Despite a very promising starting performance, SafeMoon has settled far below the hopes of the investors that held onto the token.
On the other hand, cryptocurrencies come with a host of risks and drawbacks, such as illiquidity and value volatility, that don’t affect many fiat currencies.
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Bitcoin and Ethereum are in retreat following a flash crash. Binance U.S. was hit with a bug Thursday, resulting in a flash crash that saw Bitcoin’s price plummet by around 90%. Ethereum also dipped 50% on the exchange.
The monetary authority again reiterated its strong views against cryptocurrencies saying they pose serious threats to the ... Has cryptocurrency become too 'mainstream' in India to be banned?
As SafeMoon is so new to the crypto market, our SafeMoon stock forecast is very speculative. However, there are some essential pieces of information that we can feed into our analysis to arrive at logical predictions. With that in mind, let’s take a look at our SafeMoon prediction 2021 for the upcoming months: One Month – The current SafeMoon price is incredibly low, trading at $0.00000141. However, if momentum were to pick up, we could see the price head towards the recent resistance level of $0.00000333 over the next month. Three Months – It is still relatively difficult to invest in SafeMoon, so getting the liquidity for higher prices is still an issue. That being said, we estimate that SafeMoon could head towards the $0.00000500 region over the next three months. Start of 2022 – If the SafeMoon developers make true to their promises, it’ll likely increase the hype surrounding this altcoin. This could push SafeMoon into the $0.00000600 region by the beginning of 2022.
“Bitcoin appears to be pushing out of a bullish flag pattern, and Ether is likely to confirm a long-term breakout on a close above resistance this Friday,” said Katie Stockton, founder and managing partner of Fairlead Strategies, in a note.
You can also buy Safemoon from a centralized exchange like BitLink that lists Safemoon for sale.
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A petition to 'Get Safemoon Listed On Coinbase' has currently gained 4,646 signatures.
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US-based digital payments major Visa, and Metaverse - a new generation online virtual reality space have come together in buying their first crypto asset.
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SafeMoon is also preparing to launch a cryptocurrency exchange, which apparently is not tied to V2.
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(Bloomberg) -- For much of this year, rising inflation has been bad news for gold. Now it’s giving the metal a shot in the arm. Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesFarmers Take on ‘Post-Apocalyptic’ Food CrisisGreece’s Popular Islands Are Crowded — With PlasticDo Prisons Deserve a Second Chance?While bullion is often bought as a way to protect wealth when consumer prices are climbing, this year’s inflation had weighed on the metal as investors b