As per CoinMarketCap, the value of SafeMoon currency is 0.000003967 US dollars, with a market cap of 2.2 billion US dollars. The digital currency has encountered a consistent expansion in its costs since its launch in the market.
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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.
Even though the current downside move is sure to shock some investors, slight corrections after reaching new all-time highs are a customary practice for Bitcoin.
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Coinbase's NFT platform should be like Instagram and may eventually overtake cryptocurrency trading, CEO says
SAFEMOON launched earlier this year - and it's already attracting attention from cryptocurrency investors.
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Last Tuesday, Squid was trading at just 1 cent. In less than a week its price had jumped to over $2,856.
Developed in 2012 by Toronto-based programmer Vitalik Buterin, and backed by an initial $18 million crowdfund, Ether (ETH) is a cryptocurrency that underpins a blockchain network called Ethereum. While Bitcoin was designed to be a digital currency, Ethereum is a more general implementation of blockchain technology.
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Even with its usual ups and downs, Bitcoin has mostly been on the rise following a drop under $30,000 in July.