Much like Dogecoin, it is cryptocurrency that was started off the back of an internet meme.
Its Facebook page states: "Remember, getting to the moon takes time and the longer you hold the more tokens you pick up."
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Safemoon protocol aims to create a self-regenerating automatic liquidity providing protocol that would pay out static rewards to holders and penalize sellers.
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When the hard fork arrived–and participants had to choose which path to take–the entire cryptocurrency market dropped. This is very likely what caused bitcoin to drop from the $6,000 range to around the $3,000-$4,000 range. Which brings us to today, with the cryptocurrency bottoming out at less than 80% of what it was a year ago.
We’ll go through the several factors that influence demand for a particular crypto, but before we do that, it’s important to note that cryptocurrencies don’t fit comfortably into our existing asset categories.
In this articleWhat Does This Price Drop Mean for Crypto Investors?What If You Haven’t Yet Invested In Crypto?What’s Behind the Latest Bitcoin Drop?
Holders earn passive rewards through static reflection as they watch their balance of SafeMoon grow indefinitely.
A brief technical and on-chain analysis on VeChain price. Here, FXStreet's analysts evaluate how VET can advance further. More VeChain News Analyst predicts Bitcoin price could easily hit $250k by January 2022
The SafeMoon price is not joining in the broader market rally today and is down about 4%. Over a longer term view, however, SafeMoon is doing just fine. Since October, the SafeMoon price has rallied over 160%. The recent declines could be investors taking some profits off the table in a broader market that is trading at all-time highs.
By hitting the $200m from a previous $150m market cap, Bitrise has again proven the pessimists wrong. The market cap shows that the coin is quickly gaining the confidence of the investors. There are many developments that have taken place in the last few days that have significantly driven such fast growth.
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There is not one single location for Wikipedia views data over the historical data interval required. Wikipedia views data from the start of 2015 onwards can be retrieved using the official mwviews python library which connects to Wikipedia’s pageview API. Previous historical data can be retrieved in one month buckets from a separate website (http://stats.grok.de). Data was programmatically retrieved here from both sources, and then merged to produce a single time series.
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People in the crypto community say it will be the next “Shiba Inu or Safemoon” due to its tremendous growth and expected great things ahead.
Immediately after the platform went live, Binance.US also launched its Referral Program with a range of rewards being available to the customers and their referees under certain requirements.