The factors leading to SafeMoon’s adoption by institutions and companies primarily are based on the following fundamentals of the latest news that certify SafeMoon a good investment:
The growth of SafeMoon, coupled with its online slogan, has drawn comparisons to the surge in popularity of another cryptocurrency Dogecoin.
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If you don't particularly want to wait for a potential SafeMoon listing on Binance, Coinbase, or another exchange, there are alternative ways to buy SafeMoon.
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Besides the products offered, one of the effects of the split of Binance.US from Binance was on the liquidity pool.
Dogecoin, at the time of writing, has a market price of close to $0.216 according to CoinMarketCap - the result of an 8,325.23% increase in value since the start of 2021.
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An early-morning error led to the value of Bitcoin dropping nearly 87 percent on Binance's crypto exchange.
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Immediately after the platform went live, Binance.US also launched its Referral Program with a range of rewards being available to the customers and their referees under certain requirements.
SafeMoon is a newly added cryptocurrency that has seen a rise in its rates since its launch in March 2021.
A look at recent charts shows that Safemoon has been on a downtrend since early November. Safemoon has also not been doing very well since its last all-time high around April 21, 2021. Despite rising in mid-May, the next time Safemoon saw bullish growth was at the end of October.
The strengthening of coherence in bubble regimes is much less prominent in the short and long term. In the short term, the effect of bubbles may be hidden by the effects of daily news items and intraday trading activity. It is also seen that in the short term the relationship between online factors and cryptocurrency prices are erratic and generally weak; there is little consistency as to whether the price or factors are leading, though slightly more negative relationships exist in this period band. The erratic relationships over the short term suggest online factors may not be best predictor in the shorter term.
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The longer term relationship varies over time. After exhibiting strong positive correlation in 2013 (where prices rose), and 2014 (where prices fell for a sustained interval), the longer term relationship between Bitcoin and Litecoin starts to break down around the middle of 2015. It can be seen in the accompanying price plot that at this point the Bitcoin price starts to gradually recover, whereas the Litecoin price does not.