SafeMoon Price Prediction 2023-2032 SafeMoon Price Prediction 2023 – up to $0.00030151 SafeMoon Price Prediction 2026 – up to $0.00092340 SafeMoon Price Prediction 2029 – up to $0.003 SafeMoon Price Prediction 2032 – up to $0.008 SafeMoon’s name is a...
SafeMoon Price Prediction 2023-2032
- SafeMoon Price Prediction 2023 – up to $0.00030151
- SafeMoon Price Prediction 2026 – up to $0.00092340
- SafeMoon Price Prediction 2029 – up to $0.003
- SafeMoon Price Prediction 2032 – up to $0.008
SafeMoon’s name is associated with “to the moon” in the cryptocurrency communities. While it is unclear who originated the phrase, it has probably raised the support level for the coin. The currency that started as a wink coin is now trading at $0.0006.44. This Safemoon Price Prediction helps you track this coin’s exciting journey.
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How much is SFM worth?
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What is SafeMoon?
SafeMoon doesn’t have any unique use cases, i.e., it’s simply a cryptocurrency, but it does have some exciting features. The token holders pay a fee out of every trade – a 10% commission. Half of this commission is distributed between all the holders, and the other half is partly locked into a smart contract and partially put into a liquidity pool. This token-sharing mechanism aims to prevent the occurrence of significant price dips when large volumes of tokens are sold.
With the SafeMoon protocol, token holders will earn more SAFEMOON depending on how many coins they have. This can be up to an 80% APY, which is staggering when compared to traditional interest accounts. SafeMoon protocol will gain value over time thanks to its coin-burning strategy, making it a deflationary digital currency.
SafeMoon V2 Migration
On December 13, 2021, SafeMoon announced its migration from Version 1 to Version 2 – a move intended to ease SafeMoon (SFM) transactions and improve the project’s features. Also, the V2 upgrade consolidated SafeMoon’s token to a 1000:1 ratio and moved to a new contract address. This migration reduced the token’s circulating supply without tampering with the user’s overall balances. The primary variable affected by the SafeMoon V2 upgrade includes the token’s value, transaction fees, and earnings.
How to Migrate to SafeMoon V2
Here’s how to migrate your SAFEMOON tokens from the V1 to the V2 platform:
- From SafeMoon Wallet: Consolidation in the wallet requires the most recent software update on your smartphone, so make sure you do that first before proceeding. Clicking on the ‘consolidate’ tab and following the on-screen directions until ‘completed’ will bring up the next steps.
- Non-SafeMoon Wallet Users: To migrate your v1 tokens, you need to visit swap.safemoon.net and link your wallet. You can connect BSC or Ethereum wallets like MetaMask, TrustWallet, SafeMoon Wallet, MathWallet, WalletConnect, and Binance Chain Wallet.
To begin, you must first tap on the button that indicates “Consolidate to V2 SafeMoon!” and follow the prompts provided.
- Tokens on Exchanges: For SFM tokens held on exchanges, users do not have to manually initiate the migration from v1 to V2. The respective crypto exchanges can handle the consolidation process themselves, and you will receive email notifications when completed.
- Token on Hard Wallet: To consolidate your SFM tokens on cold or hard wallets, you must use your private keys to import the wallet into your SafeMoon Wallet app, then follow the first step above.
What are the impressive features of the SafeMoon Coin?
Token Consolidation
The SafeMoon V2 upgrade introduced the consolidation of SafeMoon tokens (1000:1). In other words, 10000 SAFEMOON at $1000 on v1 now becomes 10 SFM at $1000 on V2, thereby raising the token’s value. The number of tokens owned by a holder changes, but their actual worth remains the same. Simply said, your money does not reduce or increase; only the token you own changes.
Improved Accessibility and Security
SafeMoon Price History
SafeMoon launched on 8 March 2021 with an initial price of $0.000000001; traders started to get interested, and the price soon reached $0.00000158 on 3 April. By April 20, the value of SAFEMOON had surged to $0.00001399, a 785% increase in value. To put things even more starkly, if you had bought into SafeMoon when it was launched, then you would have seen the value of your investment shoot up by a stratospheric 1,398,900%.
If you had bought a dollar’s worth of SafeMoon coins when it launched and sold at its peak on 20 April – just over a month after it became available – you’d have ended up a millionaire, even after your SafeMoon sales tax had been taken.
December 2021 was a defining month for SafeMoon as the development team launched SafeMoon V2, and the value of the coin was consolidated on a 1000:1 ratio. From the earliest data available, SFM opened trading at $0.001639 on December 16 and ended the month at $0.002558 – a 56% price increase attributable to the positivity surrounding the V2 migration.
SafeMoon V2 gained some momentum at the start of January 2022 and soared to $0.004798. The SafeMoon token value declined steadily afterward, and by the end of February 2022, it had lost 77.9% of its market value.
SafeMoon V2 (SFM) started at $0.001192 on March 1, and currently, its market price is $0.001263. The token’s price had gained over 2% in 24 hours, while its 24-hr trading volume had increased by 26%. In addition, the self-reported market capitalization and circulating supply of SFM are $730,286,137 and 575.00B SFM, respectively.
SafeMoon New Developments
In February 2022, an emerging utility coin, EverGrow Coin (EGC), announced its partnership with the developers of SafeMoon. The baseline of this partnership is to make EGC swaps available on the native SafeMoon crypto wallet. Consequently, the availability of EGC will make the SafeMoon wallet more useful to speculators and potential investors.
On a much bigger scene, the EGC partnership could be a significant game-changer for SafeMoon, as the former is gaining massive traction in the crypto space. Purchasing EGC via the SafeMoon wallet could potentially spur the market price of SFM to newer heights.
Having detailed SafeMoon’s journey, let’s get into the price predictions.
SafeMoon and Croge Comet Partnership
SafeMoon App Upgrade
In August 2022, Safemoon developers made some exciting upgrades to the Safemoon application. The application is available on the google play store and Apple store. The developers integrated the Polygon and Binance Smart chain blockchains into the app.
The integration means users can now view their collections on these chains in-app. The update includes price alerts for BSC, ETH & CMC top 100 in the Safemoon wallet on iOS & Android.
The Safemoon update is now rolling out in app stores worldwide!
The preceding updates included Blockbuster tech and Grove tokens listing on Safemoon swap.
SafeMoon Technical Analysis
SafeMoon price analysis reveals SFM price has been fluctuating between $0.0002015 to $0.0002738 in the last 30 days. Safemoon is up by over 14% in the last few days while trading in the range of $0.0002700 to $0.0002977. Currently, Safemoon is trading around $0.0002853 with a 24-hour volume of over $1,011,548 and a market cap of around $234,050,110.
At the time of writing this post, SFM was trading around $0.0002343. The short-term support is around this level, but after such a long downtrend, it might also break this level. The immediate support is around $0.0002250 and the immediate resistance is at the price of $0.0003000.
The moving averages (MA) are also pointing toward a bearish trend in the short term, with the 50-day MA crossing below the 200-day MA, indicating that SFM is likely to remain in a downtrend. The technical indicators on all timeframes have painted a faint bullish outlook for SFM over the last few days.
The MACD is also in a bearish zone, indicating that the sellers are in control. The RSI is currently hovering around 50 and is showing no signs of divergence from the current trend. The Awesome Oscillator is currently in positive territory and has been increasing gradually, showing that the bulls are slowly gaining control.
Looking ahead, bulls need to establish a strong base above $0.0003000 in order to push SFM back into the green zone. If bulls fail to do so, then bears will most likely take control and push SFM lower. On the other hand, if bulls succeed in establishing a strong base above $0.0003000, then they might be able to propel SFM back into the green zone.
SafeMoon technical analysis suggests that, in the short term, SFM is likely to remain bearish with support at $0.0002250 and resistance at $0.0003000. The Fibonacci Retracement Levels and the moving average trading indicators suggest that SFM may continue to experience some bearish pressure in the short term. However, if bulls can establish a strong base above $0.0003000, then they might be able to push SFM back into the green zone.
SafeMoon Price Predictions by Cryptopolitan
Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
2023 | 0.00027767 | 0.00028611 | 0.00031161 |
2024 | 0.00041361 | 0.00042791 | 0.00047777 |
2025 | 0.00058836 | 0.00060976 | 0.00071922 |
2026 | 0.00084457 | 0.00086896 | 0.001 |
2027 | 0.001 | 0.001 | 0.001 |
2028 | 0.002 | 0.002 | 0.002 |
2029 | 0.003 | 0.003 | 0.003 |
2030 | 0.004 | 0.004 | 0.005 |
2031 | 0.006 | 0.006 | 0.007 |
2032 | 0.008 | 0.009 | 0.010 |
SafeMoon Price Prediction 2023
SafeMoon Price Prediction 2024
SafeMoon Price Prediction 2025
SafeMoon Price Prediction 2026
SafeMoon Price Prediction 2027
SafeMoon Price Prediction 2028
SafeMoon Price Prediction 2029
SafeMoon Price Prediction 2030
SafeMoon Price Prediction 2031
SafeMoon Price Prediction 2032
SafeMoon V2 Price Prediction by DigitalCoinPrice
SafeMoon V2 price forecast by DigitalCoinPrice is a maximum price of $0.000433 by the end of 2023, with the minimum price being $0.000176. The average price in 2023 will be $0.000400. DigitalCoinPrice is optimistic about the token’s performance by 2032, predicting that it will trade for an average of $0.00379, with a maximum and minimum of $0.00384 and $0.00369.
SafeMoon V2 Price Prediction by CryptoNewsz
CryptoNewsz is currently estimating that by 2025, the token’s price will potentially reach a peak of $0.0029. The website attributes this potential growth to massive adoption and exciting promotional ventures. If investors take advantage of these opportunities, it helps them benefit from an increase in SafeMoon V2’s market price. Cryptocurrency experts are of the view that if all goes well, the token’s price may reach its peak in 2025.
SafeMoon V2 Price Prediction by Coincodex
Coincodex uses technical analysis to make its SafeMoon V2 price prediction. According to the Coincodex SFM price forecast, a price drop of 4.83% is expected by April 25, 2023. SFM is projected to fall to $ 0.000191, with the current technical indicators showing a bearish sentiment. The website’s technical analysis shows 5 bullish signal indicators, and 20 bearish signal indicators.
The market analyst has predicted a maximum price of $ 0.009830 if it follows Facebook’s growth in 2026. In case SafeMoon would follow Internet growth, the prediction for 2026 would be $ 0.001128.
SafeMoon Price Prediction by Market Experts
The cost trajectory of SafeMoon this year is likely to be impacted by two primary elements. To begin with, the broader crypto markets will determine its direction. It appears that there is a distinct connection between stock and crypto markets, as both dropped when news about rising interest rates and inflation came out.
As interest rates continue to climb, more people are investing in safer commodities with higher yields and withdrawing their funds from risker investments such as stocks and cryptocurrency. This could be a setback for the crypto market this year, leading Bitcoin and Ethereum -the top two digital assets by market capitalization- to experience difficulty achieving growth. If that is indeed the case, smaller coins like SafeMoon may also fail to generate profits on an increasing bearish trajectory.
Market experts have looked at SafeMoon’s future progress for the rest of 2023. As a decentralized token on Binance Smart Chain that offers unique transaction management abilities, SafeMoon has an incredible amount of potential yet to be unlocked.
In February, the coin announced its collaboration with EverGrow Coin (EGC), an up-and-coming utility token. Now, users get even more out of their SafeMoon wallet since they can purchase EGC directly through it! Investors have already seen incredible gains because of this partnership and will continue to benefit from its convenience in the future.
If decentralized finance is embraced by the masses, SafeMoon could rise exponentially and its volatility would diminish due to incentives allotted for token holders. Now that the infrastructure has been established, the project can proceed to phase two of its evolution. With a projected horizon up until 2023, the utility will become paramount in determining success within this domain.
Integrating the coin with NFTs, commerce, and the metaverse is a key component in improving its quality, security, and accessibility. The growth potential of these markets to mature by 2023 can provide SafeMoon with an immense opportunity for user exposure which could result in rapid price increases. Leveraging this integration effectively has the power to fully optimize SafeMoon’s value proposition long-term.
The creators of SafeMoon have released an innovative project, the SafeMoon exchange. This aims to combine tokenomics from every crypto into one platform. If this plan is effective, it could significantly increase the value of SafeMoon.
The YouTuber has discussed the technical analysis and fundamental analysis of the token and believes that Safemoon is capable of becoming a major competitor in the DeFi space, eventually leading to its mass adoption.
Conclusion
There are a lot of promising crypto projects out there, and SafeMoon is one of them. Due to its SafeMoon Swap and Version 2 update, the company has increased its use and investors’ trust. The price of SafeMoon V2 (SFM) might skyrocket if the SafeMoon team continues to improve the ecosystem’s scalability and security.
With the development of DEX, increased adoption, and partnerships, SafeMoon will be able to expand its market by entering various industries. The given price forecasts for the SafeMoon token are largely positive, with predictions from crypto experts and websites alike. That being said, it’s important to keep in mind that these prices can only be achieved if more adoption occurs between now and 2032.
Overall, SafeMoon might be a good investment option for those looking for long-term growth in their investment, as the SafeMoon price predictions are generally quite positive. However, it’s important to keep in mind that the cryptocurrency market is still a relatively young and volatile industry, and nothing can be ruled out when it comes to future prices. The predictions are not investment advice. Also, it is not a recommendation to invest in Safemoon. One should conduct their own research with regards to investments and the related strategies and do their due diligence to make investment decisions.
The above analysis is purely based on mathematical data algorithms and existing price trends available in the market, along with past performances of SafeMoon. This might give you a little insight into the present and future price trends of Safemoon, but they cannot be construed as the actual price prediction.
Despite the great aspects of Safemoon, it is vital to note that this cryptocurrency is still in its early stages and is quite dangerous. Not only that, but Safemoon is devoid of any notable utility. The Company’s utilization and investor trust have increased due to its SafeMoon Swap and Version 2 updates. If the SafeMoon team continues to improve the ecosystem’s scalability and security, the price of SafeMoon V2 (SFM) may soar.
Like with mainstream cryptocurrencies, returns are not assured for investors. Before boarding the SafeMoon V2 train, you should conduct your own investigation and contact financial investors.