SafeMoon recorded a 99% rise in one day in April after Bitcoin had its biggest single drop for months.
SafeMoon is a newly added cryptocurrency that has seen a rise in its rates since its launch in March 2021.
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Very generously our tweeter credits another crypto fanatic for the remarkable analysis, who had drawn up his own chart just days earlier:
Now that Bitcoin has reached the channel’s lower trendline, an upswing toward its middle or upper trendline could be underway. These crucial areas of resistance sit at $66,000 and $70,000 respectively.
— Meanwhile, Rover, the pet care site sometimes referred to along with its competitor Wag as the Uber of dog walking, has retained Mercury Public Affairs as its first outside lobbying firm. Mercury’s Mike McSherry, an alum of the RNC, Republican Governors’ Association and Labor Department, will lobby for Rover on tax and labor classification issues — a development that comes as the Biden administration has pledged to recognize workers dispatched by apps as employees rather than contractors. Gig companies are also facing new tax reporting requirements beginning next year, thanks to the coronavirus stimulus bill signed into law by President Joe Biden in March.
SafeMoon's native token collapsed in price by more than 20% following the issues.
We should also point out that if we had been given labels on the Y-axis (which obviously we are not), it might become clear that these “daily Covid cases” refer to US Covid cases. Because while a US chart looks exactly like the one above, a chart showing worldwide Covid cases doesn’t; instead it looks like this (according to Google):
Safemoon protocol aims to create a self-regenerating automatic liquidity providing protocol that would pay out static rewards to holders and penalize sellers.
Kroger says it was hit with a fake press release falsely claiming the nationwide grocer would be accepting Bitcoin Cash
Bitcoin’s price spiked above its previous record high of $67,700 seen in late October on Tuesday morning in a continued surge of support for the world’s most popular cryptocurrency.
US stocks slide as inflation data shows prices continue to rise at the fastest rate in decades
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