SafeMoon Price (SAFEMOON)
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SAFEMOON Price Live Data
The live SafeMoon price today is $0.000003 USD with a 24-hour trading volume of $8,748,357 USD. SafeMoon is up 0.54% in the last 24 hours. The current CoinMarketCap ranking is #204, with a live market cap of $1,991,174,537 USD. It has a circulating supply of 585,536,366,402,812 SAFEMOON coins and the max. supply is not available.
If you would like to know where to buy SafeMoon, the top exchanges for trading in SafeMoon are currently ZBG, BHEX (BlueHelix Exchange), Gate.io, BitForex, and LBank. You can find others listed on our crypto exchanges page.
What Is SafeMoon (SAFEMOON)?
SafeMoon Protocol is a decentralized finance (DeFi) token. According to the SafeMoon website, SafeMoon has three functions that take place during each trade: Reflection, LP Acquisition and Burn.
SafeMoon protocol is a combination of RFI tokenomics and an auto-liquidity generating protocol. According to an article, SafeMoon plans to develop a non-fungible token (NFT) exchange, as well as charity projects and crypto educational apps.
SafeMoon launched on Mar. 8, 2021.
Who Are the Founders of SafeMoon?
John Karony is the CEO at SafeMoon, according to his Twitter profile.
What Makes SafeMoon Unique?
The SafeMoon white paper notes that a big problem in the emerging DeFi industry is the existence of high APY LP-farms that don't have easy access for newcomers to the space.
With SafeMoon, they aim to use the idea of static rewards (making the reward conditional upon the volume of the token being traded) in order to remove any pressure on the token that could occur when tokens are sold. As well, the white paper notes that their “reflect mechanism“ adds incentive for SafeMoon holders to keep their tokens for longer, or HODL. SafeMoon's Automatic LP also adds stability to the protocol by providing a price floor/cushion for token holders. SafeMoon's manual burn strategy also helps SafeMoon token holders in the long term, according to their white paper.
Check out BNB.
Check out PancakeSwap.
Learn more about DeFi here.
Check out the CoinMarketCap blog.
How Many SafeMoon (SAFEMOON) Coins Are There in Circulation?
The SafeMoon white paper describes the following: a total supply of 1,000,000,000,000,000, with 223,000,000,000,000 burned dev tokens and a fair launch supply of 777,000,000,000,000,
The SafeMoon protocol, according to the white paper, works in the following way: in each trade, the transaction is taxed with a fee of 10%, which is cut in half. While 5% of the fee is redistributed to all of the token holders at the time, the other 5% is then split in half again, with 50% sold by the contract into BNB, and the remaining 50% automatically paired with the aforementioned BNB and added to PancakeSwap as a liquidity pair.
How Is the SafeMoon Network Secured?
The SafeMoon white paper has the following plan for the safety of its protocol: the developer burned all tokens in the Dev Wallet before launch, there was a fair launch on DxSale, the LP is locked on DxLocker for four year, and an LP is generated with every trade and locked on PancakeSwap.
Where Can You Buy SafeMoon (SAFEMOON)?
As of April 2021, you can purchase SafeMoon on PancakeSwap and BitMart.
For more information about how to buy Bitcoin and other cryptocurrencies, check out our guide here.
SAFEMOON Price Statistics
|24h Low / 24h High|
|Volume / Market Cap||0.004394|
|Fully Diluted Market Cap||$3,400,599,263.91|
|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 HighApr 20, 2021 (2 months ago)
All Time LowMar 09, 2021 (3 months ago)
|SafeMoon ROI||No Data|
|Circulating Supply||585,536,366,402,812 SAFEMOON|
|Total Supply||1,000,000,000,000,000 SAFEMOON|
|Max Supply||No Data|