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First US exchange traded fund linked to cryptocurrency garners strong demand following debut
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Safemoon members are now joining in the thousands with competing cryptocurrencies, like Bitrise, and this could continue if the Safemoon team does not address the fundamental issues. However, Safemoon remains one of the most powerful crypto coins out there, but dominance may be short-lived.
Every trade contributes towards auto-generating liquidity that goes into multiple pools used by exchanges
SafeMoon is a newly added cryptocurrency that has seen a rise in its rates since its launch in March 2021.
Our data aggregators include CoinMarketCap, Coinpaprika, TradingView, CryptoCompare and IntoTheBlock.
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With the growing popularity of cryptocurrencies, a variety of digital currencies have emerged on the cyrpto investment scene. It is important to distinguish between three major categories in the crypto world and understand each one of them.
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SafeMoon doesn't tout itself as a cryptocurrency but instead as a DeFi token, a decentralised finance token. DeFi’s aim is to bring about disruption to the financial world and enable people to lend in peer-to-peer networks without needing a physical bank.
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But to take advantage of its competitive 0.1% standard fee, you’ll need to spot trade through the Binance.US trading platform. This can be confusing if you’re unfamiliar with exchange lingo; on other exchanges, this type of trading and fee structure is typically used in more advanced platform options, such as Coinbase’s Coinbase Pro or Gemini’s Active Trader.
In addition, our Safemoon price prediction 2030 follows the same vein. By this point, we’d imagine that the development team will have understood the need for real-world use cases and developed their own blockchain or decentralised applications. With that said, we’d estimate that Safemoon could be worth $0.000040 by 2030.