Is SafeMoon Really… Safe? What Is It And Why It’s The Talk Of Crypto
Let’s not kid ourselves, SafeMoon is trending because of the unprecedented price increase. The novel token grew 6000% in just a month, leaving the whole crypto industry speechless. It has since fallen tremendously, but the project is still in everyone’s mouth. The new Doge, people call it. Is that supposed to be a compliment? Or […]
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Traders say the Safemoon rally is not sustainable as the token sees massive volatility. SafeMoon, the token on Binance Smart Chain widely recognized as the Tiktok meme coin, is seeing massive volatility after its massive gains in the past week.According to the data from Dex.Guru, which tracks alternative cryptocurrencies on various blockchains, the price of SafeMoon dropped by nearly 50% in the last two days from $0.0000074 to $0.0000045.Does the SafeMoon rally have any strength?SafeMoon is a cryptocurrency on Binance Smart Chain that started out at a low market cap at around $50,000. The....
The recent meteoric rise of Safemoon turned many heads in the DeFi space over the last weeks. Safemoon climbed over 10,000x from its lowest to highest price in just 40 days according to CoinMarketCap, reaching over $7B Fully-Diluted (FD) Market Capitalization (MC) at its peak, before correcting down to $2B. This immediately prompted many clones […]
Celebrities Jake Paul, Soulja Boy, and Nick Carter, among others, are being sued for being involved in the SafeMoon crypto scheme. Claims say that the hired stars made “false or misleading statements” to encourage fans to invest in the digital coin. SafeMoon LLC, the company behind the $SAFEMOON Token, is facing a lawsuit along with […]
There was no moderator. SafeMoon used Twitch as a platform for the event. There were other people on the panel but they weren’t properly introduced. The company’s CEO, John Karony, played master of ceremony. The company’s CTO, Thomas Smith, played the show’s main guess. They both played themselves. What Happened At SafeMoon’s AMA? SafeMoon promised […]
A cryptocurrency project called Safemoon has been trending in forums and social media in recent times, as the crypto asset team promised a few new products, but the team claims that the launch has seen difficulties. This weekend, a post published to the subreddit forum r/cryptocurrency claims “Safemoon has been exploited from day 1 and $68,460,000 have been siphoned out of the liquidity pool.”
Editor’s note: This article has been updated to include the official audit from Doxxlocker.
Safemoon Project Runs Into ‘Unforeseen Technical Issues’....