Coinbase saw its trading volume suffer a steep drop, driven primarily by lower levels of volatility, despite the listing of dogecoin and shiba inu.
Investing is not a guaranteed way to make money, so make sure you know the risks and can afford to lose the money.
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SafeMoon is still a relatively new cryptocurrency compared to others, having only launched in March 2021.
SafeMoon Made it to the ‘Top 100 Crypto List’ without Major Listings in Top Trading Platforms
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NameLTPChg (%)Vol (24h, Cr.)M.Cap (Cr.)Circ. Supply (# Cr.)NKN58.9818.50%2,6953,79070.00 Understanding DeFi and its sudden growth in India with Ashish Anand of Bru.Finance
"Over the past week, Ethereum scored another all-time high and Binance Coin traded strongly in the greens," it added. "Solana surpassed Tether and Cardano to be the fourth largest crypto."
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Launched in 2015, Ethereum (ETH) is the second most popular cryptocurrency and, on most days, the second most valuable after Bitcoin.
No. As of writing, Safemoon is not available to trade on Coinbase. However, you can purchase Safemoon on a few other exchanges, including BitLink.
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The electric carmaker said in May that it would no longer accept the cryptocurrency for purchases. It's been a wild ride for bitcoin the last three years.
Safemoon is a token on the Binance Smart Chain rather than a coin on its own blockchain. This fact makes purchasing Safemoon very easy. You can swap other tokens for Safemoon on a decentralized exchange (DEX) like PancakeSwap on the BSC.
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It hasn't yet been recognised by the major cryptocurrency sites such as Coinbase but why did it get so popular?
It comes after the cryptocurrency dipped by approximately after surging to $67,700 in late October as traders appeared to pull back in anticipation of another price pump.
Bitcoin ETFs, once considered a pipe dream, are now a reality giving investors more avenues to invest in cryptocurrency.