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SafeMoon price has made some astounding progress in October, rallying over 145% from the lowest open in its history on the first day of October to its present new two-month high. After hitting the required $0.0000024 level above the Cloud, SafeMoon spiked on Monday for a gain of over 22%. And it is likely to continue a move higher before facing any resistance.

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Understanding ICOs and other cryptocurrency offerings (North American Securities Administrators Association) .

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After a proposed acquisition of Pinterest (NYSE: PINS) for $45 billion by PayPal Holdings (NASDAQ: PYPL) fell through, both companies have taken the spotlight. Jamie Louko (Pinterest): If you're looking for an established company that still has the potential to grow multiples bigger than its current size, Pinterest might be a good place to park cash. Pinterest is a social media company that helps drive inspiration and creativity in people.
Shiba Inu Beats Bitcoin, Ether, and Dogecoin as Most Popular Cryptocurrency on Twitter: Report

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One investor who wasn’t deterred was Barstool Sports Inc. founder Dave Portnoy. In May, he announced to his 2.6 million followers on Twitter that he’d bought $40,000 worth, despite saying that SafeMoon could be a Ponzi scheme, a scam in which early investors’ returns are paid with funds coming from later buyers that collapses when new deposits dry up or too many people try to cash out.
Mr Rocket also cited some concerns over whether there is a "strong liquidity pool" or not.

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“The manual burns, alongside the company having a pretty large stake in the coins, just speaks to me of a manipulation risk,” said Jasper Lawler, head of research at London Capital Group, an online brokerage firm offering cryptocurrency derivatives. “Whenever there’s some sort of mechanism to stop selling, that’s a bit of a warning sign.”

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    Facebook’s closely guarded Libra project could be the first true cryptocurrency alternative to fiat currencies, although its growing pains suggest that true parity remains well in the future.

    If they manage to do that, the BNB/USDT pair will challenge the overhead resistance at $691.80. The rising moving averages and the RSI in the overbought zone indicate the path of least resistance is to the upside.
    If you keep up with crypto news, you may have heard the name Safemoon quite a lot in the first half of 2021. If you are interested in day trading, talk of Safemoon’s high volatility and rapidly increasing market cap may have piqued your interest. Maybe you’re looking to buy, hold and capitalize on the next big crypto price rally. What is Safemoon Crypto?How to Buy Safemoon Crypto?Where to Buy Safemoon Crypto?Safemoon FAQConclusion

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    As explained in its roadmap, the SafeMoon team hope to begin a "community listing donation raise for several exchanges" in Q3 2021. As of July 21, this has not yet started.

    One of the most valuable assets a cryptocurrency can have is an active, engaged community which is fully on board with the team’s vision.
    Initially, Binance.US considered listing up to 30 crypto assets, with those deemed most important making it to the Phase 1 list. Some have noted the absence of high-profile Binance IEOs (initial exchange offerings) from this list as well as the lack of support for Tron (13th by market capitalization at the moment).

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    The global crypto market cap fell more than 2 per cent to $2.82 trillion mark compared to the last day. However, the total crypto market volume jumped over 31 per cent to $176.91 billion.

    Now that you're familiar with the basics of both Binance and Binance.US, let’s cover some specific topics that you’re interested in.
    GURA: And Gensler is asking lawmakers for their support and for more resources. That makes Senator Lummis nervous. She's worried more rules will make the U.S. less competitive. And the crypto industry is also fighting back. So far this year, it spent more than $2.5 million lobbying lawmakers. Republican Congressman Warren Davidson believes Congress needs to make a decision about what to do with cryptocurrency and soon.

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    With all of these shortcomings facing most of the competition, Safemoon is definitely in trouble. The Safemoon team has to do a lot to make the play competitive. Otherwise, not many people will be interested in this Safemoon. This means low demand, and this is how the value of Safemoon’s coin will plummet.
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Shortly after achieving these astronomical new heights, Bitcoin’s price fell back toward $62,700 before recovering slightly to around $64,500, while most altcoins endured near double-digit losses.

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ProShares Bitcoin Strategy ETF, which began trading late last month, was up 10.95% on Monday.

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