There's already a meme coin named after Elon Musk's new Twitter handle - and it jumped 825% in its 1st day of trading
The token is listed on over 12 crypto exchanges and posted a 3% drop in price over the past 24 hours.
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While still on the tokenomics, Safemoon does not offer investors better returns than competing companies like Bitrise. That's the reason why over the last few weeks, there has been a mass movement of Safemoon community members joining Bitrise. This includes Safemoon whales. One of the reasons for this movement is better ROI from Safemoon competing coins.
It's working: in just the past few months, we took down 1.7 billion fake accounts to stop bad actors from doing harm.
There is no publicly available information about what percentage of assets held by the exchange are kept in secure, offline cold storage vs. online hot wallets, or if there is an insurance policy that protects investors. You must have a Binance.US account to send queries to the help desk, so we were unable to get more information that way.
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The number of people who utilize crypto coins (i.e., utility) and for what purpose impacts their price. The price will rise if more people use them to buy goods and services rather than just holding them.
The decision by Tesla, and announced by Musk, was seen by some as a slight on the credibility of cryptos to become a viable method of payment against physical currencies.
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In this article, we’ll be discussing some of these cryptocurrencies that are the best investment for beginners.
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They allow users to store cryptocurrencies, make online or in-store purchases, and track their finances.
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“YOU’VE CRASHED #SAFEMOON THERES NO OTHER WAY TO SAY IT. WE WILL UPDATE YOU AS SOON AS POSSIBLE […] WE CAN’T WAIT TO HAVE YOU ALL HOME SOON…”
The SafeMoon coin has been making top predictions for months now, and it won’t be slowing down anytime soon. Forecasting site WalletInvestor predicts that the price could reach $0.000002 by November 1st, while Gov Capital forecasted its value will dive to zero in May 2022. In between these two extremes, there is still plenty of growth potential.
Harrison, who still owns SafeMoon, said that the developers have become more professional since the AMA incident: “They’re a bit more scripted, they sit down, they’re in suits.”