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SAFEMOON launched earlier this year - and it's already attracting attention from cryptocurrency investors.

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While its price swiftly dropped to below $65,000 after hitting the new all-time high Wednesday, Bitcoin’s latest new record is an impressive feat considering just a year ago the currency hovered around $15,000 per coin. Ethereum — the next most popular crypto — has seen a recent surge as well, and on Wednesday notched another new all-time high of its own above $4,800.
A strong rebound off the 20-day EMA will suggest that sentiment remains positive and traders are buying on dips. The bulls will have to push the price above $55.09 to signal the resumption of the uptrend. The next target objective on the upside is $63.08. .

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Dogecoin price slump continues after Doge co-founder slams cryptocurrencies as 'scam' and China clamps down on crypto mining
A news story claiming Walmart would accept cryptocurrency Litecoin was fabricated, the retail giant says.

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All images, branding and wording is copyright of Binance.US. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the company mentioned on this page. Photo: Clockwise from upper left: Brian Brooks, Catherine Coley, Venkata “Murthy” Renduchintala, Brian Boland, Kirthiga Reddy and Janice Min
4 November 2021$CAKE #SAFEMOON $CATE $NFTB $SLIM $FEG $YOOSHI $BSCX $LINK $FTM pic.twitter.com/6BCyllEQ3F

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Binance and Coinbase listings remain a coveted goal for new cryptocurrencies such as SafeMoon. However, it can take some time to achieve this. For example, Coinbase only listed Shiba Inu Coin in mid-June.

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Bitcoin Down To Zero

The second-largest crypto by market capitalization holds its position firm against its hurricane-like hurdles. $ETH… https://t.co/mBER1jg0bC

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    Not a huge amount is known about SafeMoon meaning the risk to your investment may be even higher.

    SAN SALVADOR, El Salvador (AP) — El Salvador’s Legislative Assembly has approved legislation making the cryptocurrency Bitcoin legal tender in the country, the first nation to do so, just days after President Nayib Bukele made the proposal at a Bitcoin conference.
    Paulina Porizkova, 56, has been enjoying a much-needed break from the fast life, having recently posted a sexy bikini photo of herself leaning on the edge of a resort near a calm sea.

  • Bitcoin Development History

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    — Michelle Anderson is now head of marketing and development at ROKK Solutions. She’d been a senior adviser for the public affairs firm since April 2020.
    The liquidity pool of a crypto exchange is important because it determines what kind of crypto can be exchanged or traded and how much each trade will change the price. The liquidity pool is the total of all of the currency deposited on the exchange by every trader. If this pool is small, then every transaction can have a noticeable effect on the price of the crypto in the exchange. This instability makes it very difficult for a trader to predict how much of each currency they can get at any given time.

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    Squid Game cryptocurrency rockets in valueChinese viewers slam 'copycat' Squid Game show

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    Still, an increasing number of big, powerful players are validating crypto’s potential.

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    HUH Token is currently in its presale stage and has no official release date as of yet, the creators have stated that it will be soon. The main question investors have is, which of these cryptocurrencies will turn their $1000 into much more? After examining both SafeMoon and HUH Token, these are some of the conclusions that have presented themselves

    Beyond the clampdown by some governments, what bitcoin really needed to achieve sustained success was overall mainstream acceptance. While some financial institutions announced projects exploring blockchain-based solutions, many others balked.
    Despite this incident, crypto industry experts keep speculating about where Bitcoin's price is headed next with some suggesting it will soon hit $80,000. This past Friday, Bloomberg reported Bitcoin was headed for $80,000 to $85,000, while a crypto data expert said resistance at $60,000 would have provided the last buying opportunity before the coin would head for new all-time highs.

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PoS, on the other hand, runs on staking. In the staking system, rewards are distributed to help run the network by holding assets in certain designated wallets. A number of PoS assets also allow for masternodes — a more complicated staking process that usually requires a certain minimum number of coins.

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One key point to note about Safemoon crypto is that the developers haven’t really described any real-world use cases yet. The Safemoon protocol was hyped hugely by celebrities back in May, causing retail investors to jump on the bandwagon and push price higher. Following this, the price fell dramatically, leading many to claim that Safemoon was a ‘pump and dump’ scheme designed to make certain investors rich.

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It’s important to read the details on your chosen trading platform to ensure you understand the level at which price movements will be measured before you place a trade.

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There's already a meme coin named after Elon Musk's new Twitter handle - and it jumped 825% in its 1st day of trading

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