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Safemoon Price Prediction

Safemoon (SAFEMOON) is one of the most popular emerging altcoins currently. In terms of market cap, it is the 212th-largest cryptocurrency (over US$15 billion market cap). Now, the question comes should you invest in it? Is it a good investment? What will be its price by the end of 2021 or 5 years later (2026)? To answer all your queries, let me walk you through Safemoon SAFEMOON, its fundamentals, and the Safemoon price forecast. 

What is Safemoon? How does it Work?

Safemoon is a cryptocurrency that has been increasing since it was launched. This protocol was launched on March 08, 2021, by its CEO John Karony. 

Safemoon works on three major principles:

  • Higher TPS,
  • Improved security, and
  • Attempting to low the volatility movements.

You can transfer Safemoon across the globe at low transaction fees. The conventional flaws that are commonly found in the cryptocurrency space such as volatility are attempted to be resolved by this cryptocurrency. Safemoon crypto exists on the existing blockchain, where it becomes decentralized.

Safemoon is a community-driven decentralized finance token, which is based on 3 major functions:

  1. Reflection (Static Rewards)
  2. LP Acquisition
  3. Burn

You are eligible for static rewards if you hold the token for a long time. The price volatility of SAFEMOON is controlled by automatic LP acquisition, which in turn keeps this altcoin a practical safe investment.

The developer burns all tokens in the Dev wallet before the launch of Safemoon, which maintains the safety of the protocol. A fair launch on DxSale is followed by locking of LP on DxLocker for 4 years. Generation of the token takes place with every trade and is locked on Pancakeswap. Regular burning events are carried out by the network, keeping the movement of price in check. The value of the SAFEMOON coin increases automatically as the supply becomes limited. 

Safemoon (SAFEMOON): Facts & Figures

All these facts and figures (as of Oct 13, 2021) will help you to make a decision on investing in Safemoon SAFEMOON:

  • SAFEMOON Price: US$0.000001657 
  • Trading Volume (24h volume): US$6,222,893
  • All-Time High (ATH) Price: US$0.00001399 (reached on Apr 20, 2021)
  • All Time Low (ATL) Price: No Data (reached on Mar 09, 2021)
  • 24h Low: US$0.00000146
  • 7d Low: US$0.00000146
  • YTD (Year-To-Date) Return: 0.00% YTD (Year-To-Date)
  • Market Cap: US$974,996,364
  • Crypto Rank (in terms of market cap): 212
  • Fully Diluted Market Cap: US$1,657,362,187
  • Max Supply: ---
  • Total Supply: 1,000,000,000,000,000
  • Circulating Supply: 585,536.37 Billion SAFEMOON

Fundamental Analysis of Safemoon (SAFEMOON) Protocol

The Safemoon network wants to bring revolution in the DeFi market where implementation of static rewards is done for relieving the crypto market’s selling pressure. If you are a long-term investor, SAFEMOON is a good digital currency for you. It incentivizes token holders as a bonus. The automated Liquidity pool generates a price cushion, which makes the investment safe for its token holders. When supply increases, the price deduction remains under deduction. It is ensured by the manual burn-in technology over traditional burning methodologies. 

The Safemoon project has made many major collaborations, thereby increasing its empowerment. Some of the major partnerships are between:

  • Safemoon and Bibipom (March 2021)
  • Safemoon and a leading financial institution named Simplex creating Safemoon wallets. (May 2021)

On the list of collaborations, the development of an NFT exchange is in line too. 

Safemoon Price Prediction

Safemoon (SAFEMOON) price is hovering around US$0.000001657 at press time and it has increased by 0.00% in the last ten and half months. 

Safemoon (SAFEMOON) Price Prediction 2021 End

By the end of 2021, the price of each Safemoon coin is expected to reach US$$0.00000488 to US$0.00000662. 

Safemoon Price Prediction 2022

By the end of 2022, the price of each Safemoon token is expected to reach anywhere from US$$0.00000713 to US$0.0000089. 

Safemoon Price Forecast in the Next 5 Years (2025-2026)

Safemoon’s price is expected to hit an all-time high price, which can be anywhere from US$0.0000114 to $0.0000192 in the next 5 years (by 2026). 

Final Words

Always remember that cryptocurrency investment advice always comes with the risk of loss. As prices of cryptocurrencies are highly volatile, you should be ready to consider the loss aspect too. If you can’t afford to lose money, crypto investment is not for you. Instead invest in fixed income assets. To be sure about your investment, always go through the fundamentals, technicals, and price history trends of the Safemoon market. Once you are absolutely sure about investing, go through the Safemoon network price prediction, and then invest.