Bitcoin’s bullish price rise to near $70,000 in value comes as investors hope to see the $1 trillion market cap remain firmly in place ahead of a volatile trading period.
What is SafeMoon? The new cryptocurrency and how it compares to DogeCoin and Bitcoin
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There are several reasons why investors find this cryptocurrency appealing, and the chief of that is its affordable price. However, this coin has also shown that its value can rise well enough over the years, and it still has plenty of room for growth.
SafeMoon utilizes a strategy wherein they prevent day exchanging of their coins to fix the value instability issue. SafeMoon declared a remuneration policy for the long-term and earliest holders of the tokens. Individuals selling the tokens will be hit by a 10% punishment charge expense on the exchanges, and 5% of these punishment exchange charges will be dispersed to the current token holders.
Its Facebook page states: "Remember, getting to the moon takes time and the longer you hold the more tokens you pick up."
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Mr Musk has served as a key for driving up the prices for other major meme coins this year, including Dogecoin and Shiba Inu.
It was originally known as the Matic Network when it first launched back in 2017.
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Convert crypto to crypto, crypto to fiat, or crypto to precious metals, using our powerful price converter. The most powerful fiat to fiat conversion tool available when traveling!
After the flash crash, Bitcoin's level on Binance U.S. "almost immediately snapped back to where it had been," according to a Bloomberg report.
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The co-founder of Reddit to partner on $100 million investment to build social media on the solana blockchain
To buy SafeMoon via PancakeSwap, you'll need to download a wallet compatible with the Binance Smart Chain, such as Trust Wallet. After this, you will need to purchase Binance Coin (BNB) via your wallet. You can then use this BNB on PancakeSwap to exchange for SafeMoon.
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