Is SafeMoon A Billion Dollar Fraud? Coffeezilla Thinks So – Pt.1: Rug Pull
The Internet’s detective, Coffeezilla, faces his most unbelievable adversary yet. SafeMoon’s story is so ridiculous that it defies all logic. In his “I Uncovered A Billion-Dollar Fraud” video, Coffeezilla and a group of researchers do their best to figure out exactly what happened in this curious case. Is SafeMoon a rug pull or is it […]
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A new chapter in the exciting SafeMoon saga. In the previous one, Coffeezilla introduced the story, explained how the token functions, and took us through the first part of the alleged rug pull. This time, we go straight to the project’s operators slowly extracting liquidity in various forms. And then, we get to Project Pheonix. […]
According to Coffeezilla, the V2 Contract was the project’s first and only original idea. The operators basically modified the fee structure and little else, but SafeMoon did change the code. “The big question became “how do you get everyone to switch over to this v2 token?”, the narrator asks. As we enter the saga’s final […]
One blockchain security firm says its audit of the SafeMoon smart contract has unearthed a potential $20 million vulnerability within the viral meme coin. Popular TikTok viral “meme coin” SafeMoon could be vulnerable to malicious exploits by hackers on account of purported security vulnerabilities in its smart contract code.According to a smart contract audit by blockchain security firm HashEx, SafeMoon currently has 12 of such vulnerabilities with five being classified as ranging between being of a “critical” and “high-severity” nature.As part of its findings, the HashEx audit alleges....
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 […]
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....