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The SafeMoon coin has been making top predictions for months now, and it won’t be slowing down anytime soon. Forecasting site WalletInvestor predicts that the price could reach $0.000002 by November 1st, while Gov Capital forecasted its value will dive to zero in May 2022. In between these two extremes, there is still plenty of growth potential.

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A cryptocurrency transaction technically isn’t finalized until it’s added to the blockchain, which usually occurs within minutes. Once the transaction is finalized, it’s usually irreversible. .

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Cryptocurrency can gain value on exchange platforms. It increases in value based on supply and demand.
The above prices are as of 01.09 pm IST on November 9 (Data courtesy: coinmarketcap.com).

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SafeMoon was created by Karony and two of his fellow developers from TANO, a Provo, Utah-based video game studio with a bare-bones website. It launched in March with a big social media push, including a giveaway of 100 billion tokens (then trading for less than $0.00000001 each) for “lucky winners” who followed @safemoon, liked and retweeted then tagged three friends.
Going by the technical analysis, showing the least resistance and support levels, SafeMoon price has had a historic voyage throughout, which could be the main reason for its popularity. Based on technical analysis, the current price of the SafeMoon token stands around $0.000005 with a market cap of $2,924,837,695. The 24 hours trading volume of the SafeMoon token stands at $35,099,950 with a circulating supply of 585,536,366,402,812 SAFEMOON. There are predictions galore by experts, and their forecast is worth pursuing, helping you decide to buy or sell the SafeMoon tokens.

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Table 2. T-test p-values (for each period band of each cryptocurrency / metric pair).

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The token is set to pick up the pace with other tokens on the exchange to clearly arrive at a price of $0.0000218. A jaw-dropping optimism is also predicted for SafeMoon mainly due to its consistent performance over the years.

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    Indeed, Amazon has recently sparked rumors that it’s making moves to that end by sharing a job posting for a “digital currency and blockchain product lead.” Walmart is also recruiting a crypto expert to oversee its blockchain strategy.

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    The little more than a decade old market for digital assets has already roughly quadrupled from its 2020 year-end value, as investors have gotten more comfortable with established tokens such as Bitcoin and networks like Ethereum and Solana continue to upgrade and attract new functionality. Excitement about the possibilities of decentralized finance and non-fungible tokens is growing, and memecoins like Dogecoin and Shiba Inu continue to attract attention.

    SafeMoon listed three reasons why the V2 upgrade is expected to boost the demand for the token in a recent tweet:
    @thebearablebull it’s time to switch to a digital currency. Fiat is dirty and is cause for the spread of the corona virus. Could this be the catalyst that advances utility of XRP???

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    Bitcoin price has spent roughly two weeks consolidating around a psychological barrier and shows no affinity to move higher or lower. This indecision indicates reduced volatility and that an explosive move is on its way. Read full analysis Pulse Bomber Launched with a Low Market Cap and Big Future Potential Bybit - Could remittances be the next major use-case for cryptocurrencies?

    SAN SALVADOR, El Salvador (AP) — Salvadorans trying to pay for a cup of coffee or receive money sent from relatives in the United States using the cryptocurrency bitcoin continued struggling to perform transactions Wednesday, a day after El Salvador made it legal tender.
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    Polkadot has increased more than 9 percent in the last week. It is trading at $52.87.

    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.
    SafeMoon is not yet listed on Coinbase or Binance. However, the currency does hope it will achieve this in the future.

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Cryptocurrency market is down 2.24% on the last 24 hours (2.15pm, Thursday 11 November).

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Musk reaffirmed his belief that cryptocurrency has a “promising future” but that it “cannot come at great cost to the environment”, in his Twitter post.

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Gordon, M. J. (1959), “Dividends, earnings, and stock prices”, The Review of Economics and Statistics, 99–105.

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