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SafeMoon technically isn't a cryptocurrency but a DeFi token, according to its website.
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Currently, the price of Safemoon is hovering around the $0.0000014 level. This is around 90% down from the heights the coin reached in April 2021.
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The project is aimed at bringing about a monetary revolution that will in turn lead to financial inclusion. 4JNET puts early and late investors on a level playing field, affording every investor the chance to make massive profits from their investments. The encrypted token is structured in a way that rewards long-term holders who are in it for the long run. This enables them to achieve their financial goals through the gains realized from investing in 4JNET.
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Here are some cryptocurrencies that may be unworthy of a slot in your investment portfolio:
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SHIBA Inu coin was up in the early hours of Thursday as Bitcoin fell after fears of a "crash".
In this eventuality, BTC could drop toward the 100 or 200 four-hour moving average. These demand zones sit at $59,000 and $52,000 respectively.
On the other hand, Binance.US only has U.S. customers. The size of its liquidity pool is limited to the number of U.S.-based traders. However, operating in one of the largest crypto markets in the world, Binance.US still has a large enough liquidity pool to satisfy the needs of any small-scale trader. In April 2021, the trading volume on Binance.US was more than $28 billion. Binance.US has a much smaller liquidity pool than Binance, but it is enough for all but the very largest traders.
Popular Twitter trader Crypto Chase said "well done Binance U.S." and sarcastically commented that it's a "good thing Americans are forced on to these dogs**t exchanges where they can get completely scammed on unreasonably thin books."
The most fundamental thing you need to understand about Safemoon is that it is not a crypto coin. It is a token that operates on the Binance Smart Chain (BSC). In crypto jargon, a coin is a cryptocurrency that operates on its own blockchain. It is not the same as a token.
Although it’s theoretically possible for a new blockchain copy’s previously unverified transactions to be entirely fee-free, this almost never happens in practice.