SafeGalaxy Price (SAFEGALAXY)
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SAFEGALAXY Price Live Data
The live SafeGalaxy price today is $5.48e-8 USD with a 24-hour trading volume of $1,369,685 USD. SafeGalaxy is up 29.06% in the last 24 hours. The current CoinMarketCap ranking is #2748, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000,000,000 SAFEGALAXY coins.
SafeGalaxy is a deflationary, static yield farming, automatic liquidity generating token on the Binance Smart Chain. This means that the supply of SafeGalaxy will shrink over time, you can farm more tokens simply by holding SafeGalaxy in your wallet, and there will always be a liquid market for SafeGalaxy.
SafeGalaxy works by taking a 10% fee on every transaction. That fee is broken up into 2 parts. Reflection - 50% of the fee (5% of the transaction) is distributed to every wallet that holds SafeGalaxy on a percentage basis. The more SafeGalaxy you hold the more you will receive! LP Generation - 25% of the fee (2.5% of the transaction) collected in SafeGalaxy is sold into BNB. That BNB is married up with the remaining 25% of SafeGalaxy and deposited back into the PancakeSwap liquidity pool. These two functions work together to reward holders and punish whales.
Wait! Won’t the sell order from the LP generation create downward pressure on the price? Mathematically yes it does, realistically however that pressure is minimal. It takes a large amount of volume to push the price in one direction or another. If you consider the fact that the sell order being placed is only 2.5% of the overall transaction, quickly will you understand that the small sell order is negligible relative to the overall volume. Furthermore the LP generation function acts as a fantastic risk mitigation tool as it helps to keep the market liquid, the liquidity pool balanced, and therefore the price stable.
SAFEGALAXY Price Statistics
|24h Low / 24h High|
|Volume / Market Cap||No Data|
|Market Dominance||No Data|
|Market Cap||No Data|
|Fully Diluted Market Cap||$54,788,290.48|
|Yesterday's Low / High|
|Yesterday's Open / Close|
|7d Low / 7d High|
|30d Low / 30d High|
|90d Low / 90d High|
|52 Week Low / 52 Week High|
All Time HighMay 11, 2021 (5 days ago)
All Time LowApr 29, 2021 (17 days ago)
|Circulating Supply||No Data|
|Total Supply||No Data|
|Max Supply||1,000,000,000,000,000 SAFEGALAXY|