SAFEMOON launched earlier this year - and it's already attracting attention from cryptocurrency investors.
SafeMoon technically isn't a cryptocurrency but a DeFi token, according to its website.
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But before you look further make sure you’re aware of the risks when it comes to cryptocurrencies in general.
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Litecoin was released in October 2011 by ex-Google employee Charlie Lee. Launched with the intention of being a cheaper version of Bitcoin for everyday purposes, Litecoin was formed in a ‘hard fork’ (split) of the Bitcoin Core client, the free and open-source software that underpins the cryptocurrency. Litecoin offers faster transaction times than Bitcoin and a greater supply – there are a potential 84 million Litecoin that can exist compared to Bitcoin’s 21 million. Bitcoin vs Ether vs Litecoin: Summary Table Bitcoin (BTC) Ether (ETH) Litecoin (LTC) Launched 2009 2015 2012 Market cap* $78.3 bn $13.6 bn $2 bn All-time high price per unit* $19,763 $1,432 $375 Transaction speed Slow Fast Slow Corporate users No JPMorgan Chase, Microsoft, CME Group, BNY Mellon No What Affects the Price of Cryptocurrencies?
Zimbabwe is looking at adopting cryptocurrency as legal payment, top government official says
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“This is a legitimate technology–it’s going to expand,” he says, “My longer-term view is nowhere near where some of [my current] views are.” It could even perhaps hit $10,000 again, he says. But that will probably take a few years. For now, we wait and see.
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Cryptocurrencies are seen as an alternative to traditional banking methods, cheaper to move money around due to not being regulated by the government or its banks.
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On Oct. 21, Binance.US suddenly printed a one-minute candle that took BTC/USD from $65,815 to $8,200 — a drop of 87%.