SafeMoon Candlestick Chart

The Lowdown On SafeMoon Cryptocurrency: What Is it and How Does It Work?

What is the SafeMoon Cryptocurrency?

SafeMoon cryptocurrency is an algorithmic token, or a form of digital currency, created in 2021. This type of token is based on Ethereum, a popular blockchain technology. It is a deflationary, decentralized cryptocurrency, meaning it’s not backed by a government or any other entity and its supply is limited. Also, unlike some of the more commonly known cryptocurrencies, such as Bitcoin and Ethereum, SafeMoon does not require any miners to generate rewards. Those looking to buy SafeMoon do so in exchange for ether tokens, typically from a digital currency exchange. Tradable in pairs with EUR and USD, buyers can then complete transactions on their mobile wallet. The SafeMoon project has an ambitious mission to revolutionize the digital asset industry. Its objective is to provide the world with a secure, user-friendly, efficient, and profitable decentralized platform for digital asset trading.

How SafeMoon Cryptocurrency Works

The idea behind SafeMoon cryptocurrency is to bridge the gap between traditional fiat and cryptocurrency markets by offering investors a stable instrument to diversify. This is why one of its unique features is the rewards system. Every time a SafeMoon token is sold, a 10% fee is applied and then split between the users who hold the cryptocurrency. The rewards are then put into a liquidity pool. A portion of the rewards are then split with existing holders by issuing dividends. The tokenomics involved in SafeMoon, however, goes far beyond providing rewards. The other key feature is its anti-whaling system. Whaling is when large amounts of a certain cryptocurrency are sold all at once, causing panic in the markets. To protect investors, SafeMoon customers are penalized for selling large amounts of the tokens. This encourages traders and investors to buy and hold and disincentivizes whales from driving prices down.

The Advantages of SafeMoon Cryptocurrency

One of the greatest advantages of SafeMoon is that it’s low-cost and low-risk to buy and hold. Unlike Bitcoin or Ethereum, SafeMoon does not require extensive research to understand or the technical-know-how to use. It’s also supported on a wide range of exchanges and can be easily acquired with fiat currency. Furthermore, SafeMoon is striding toward becoming a faster, more secure alternative to money. With strict security protocols in place and its anti-whaling system, it is well-equipped to achieve this goal. Additionally, it incentivizes investors to hold tokens for the rewards, allowing it to become a more stable asset over time.

Is SafeMoon Cryptocurrency Right for You?

Like any other investment, the decision to buy, hold, or sell SafeMoon depends entirely on the individual investor or trader. As such, it is important to weigh the risks against the rewards and decide if it is the right digital asset for you. Finally, it is important to note that just like in any other investment, the value of any cryptocurrency may rise or fall. Before making any decisions, you should be aware of the potential risks and should always do your own due diligence.

Exchanges List. where To Buy SafeMoon SFM

Name	Trust	Price	Link
DigiFinex	green	8.36E-9	https://www.digifinex.com/en-ww/trade/BTC/SFM
MEXC Global	green	0.0002497	https://www.mexc.com/exchange/SFM_USDT
DigiFinex	green	1.229E-7	https://www.digifinex.com/en-ww/trade/ETH/SFM
DigiFinex	green	0.00023519	https://www.digifinex.com/en-ww/trade/USDT/SFM
BitMart	yellow	0.000244	https://www.bitmart.com/trade/en?layout=basic&symbol=SFM_USDT
Gate.io	yellow	0.0002401	https://gate.io/trade/SFM_USDT
PancakeSwap (v2)		7.5374063151978E-7	https://pancakeswap.finance/swap?inputCurrency=0x42981d0bfbaf196529376ee702f2a9eb9092fcb5&outputCurrency=wbnb
Bitrue		0.000268	https://www.bitrue.com/trade/sfm_usdt

Historical Price List

DATE	HIGHT	LOW	OPEN	CLOSE
10/18/2022	0.0002622	0.000249	0.000253	0.0002622
10/19/2022	0.000257	0.0002441	0.0002622	0.000257
10/20/2022	0.0002565	0.0002437	0.000257	0.0002437
10/21/2022	0.00026	0.000247	0.0002437	0.000247
10/22/2022	0.0002628	0.0002496	0.000247	0.0002496
10/23/2022	0.0002728	0.0002592	0.0002496	0.0002592
10/24/2022	0.0002553	0.0002553	0.0002592	0.0002553
10/25/2022	0.0002775	0.0002775	0.0002553	0.0002775
10/26/2022	0.0002977	0.0002977	0.0002775	0.0002977
10/27/2022	0.0003029	0.0002877	0.0002977	0.0002877
10/28/2022	0.0002955	0.0002799	0.0002877	0.0002799
10/29/2022	0.0002917	0.0002917	0.0002799	0.0002917
10/30/2022	0.0003023	0.0002864	0.0002917	0.0002864
10/31/2022	0.0003146	0.0002831	0.0002864	0.0003146
11/01/2022	0.0003315	0.0003157	0.0003146	0.0003315
11/02/2022	0.0003188	0.0002885	0.0003315	0.0003188
11/03/2022	0.0003215	0.0003062	0.0003188	0.0003215
11/04/2022	0.0003455	0.000329	0.0003215	0.0003455
11/05/2022	0.0004231	0.0003418	0.0003455	0.0004069
11/06/2022	0.0003922	0.0003608	0.0004069	0.0003922
11/07/2022	0.0003921	0.0003607	0.0003922	0.0003764
11/08/2022	0.0003336	0.0002935	0.0003764	0.0003336
11/09/2022	0.0002981	0.000254	0.0003336	0.000276
11/10/2022	0.000337	0.0002981	0.000276	0.000324
11/11/2022	0.000347	0.0003213	0.000324	0.0003213
11/12/2022	0.0003137	0.0003012	0.0003213	0.0003137
11/13/2022	0.000305	0.000244	0.0003137	0.0002684
11/14/2022	0.0002979	0.0002607	0.0002684	0.0002855
11/15/2022	0.000288	0.0002629	0.0002855	0.000288
11/16/2022	0.0002917	0.0002552	0.000288	0.0002674
11/17/2022	0.0002759	0.0002519	0.0002674	0.0002519
11/18/2022	0.0002785	0.0002543	0.0002519	0.0002664
11/19/2022	0.0002798	0.0002555	0.0002664	0.0002676
11/20/2022	0.0002737	0.0002395	0.0002676	0.0002509
11/21/2022	0.0002654	0.0002323	0.0002509	0.0002544
11/22/2022	0.0002731	0.0002503	0.0002544	0.0002617
11/23/2022	0.0002959	0.0002486	0.0002617	0.0002722
11/24/2022	0.0002887	0.0002647	0.0002722	0.0002647
11/25/2022	0.0002756	0.0002636	0.0002647	0.0002636
11/26/2022	0.0002892	0.0002651	0.0002636	0.0002892
11/27/2022	0.0002864	0.0002625	0.0002892	0.0002864
11/28/2022	0.0002802	0.0002568	0.0002864	0.0002685
11/29/2022	0.0002796	0.0002553	0.0002685	0.0002675
11/30/2022	0.0003237	0.000259	0.0002675	0.0002719
12/01/2022	0.0002808	0.0002553	0.0002719	0.0002553
12/02/2022	0.000285	0.0002591	0.0002553	0.0002591
12/03/2022	0.000273	0.0002482	0.0002591	0.0002606
12/04/2022	0.0002816	0.0002432	0.0002606	0.000256
12/05/2022	0.0002645	0.0002519	0.000256	0.0002645
12/06/2022	0.0002924	0.0002543	0.0002645	0.0002543
12/07/2022	0.0002709	0.0002463	0.0002543	0.0002463
12/08/2022	0.0002689	0.0002433	0.0002463	0.0002433
12/09/2022	0.0002652	0.00024	0.0002433	0.00024
12/10/2022	0.0002533	0.0002406	0.00024	0.0002406
12/11/2022	0.0002653	0.00024	0.0002406	0.0002527
12/12/2022	0.0002678	0.0002423	0.0002527	0.0002423
12/13/2022	0.0002641	0.0002509	0.0002423	0.0002509
12/14/2022	0.0002746	0.0002484	0.0002509	0.0002484
12/15/2022	0.0002533	0.0002407	0.0002484	0.0002407
12/16/2022	0.0002336	0.0002219	0.0002407	0.0002336
12/17/2022	0.0002374	0.0002256	0.0002336	0.0002256
12/18/2022	0.0002366	0.0002248	0.0002256	0.0002248
12/19/2022	0.0003153	0.0002219	0.0002248	0.0002219
12/20/2022	0.0002434	0.0002312	0.0002219	0.0002312
12/21/2022	0.0002428	0.0002306	0.0002312	0.0002306
12/22/2022	0.0002313	0.0002313	0.0002306	0.0002313
12/23/2022	0.0002318	0.0002318	0.0002313	0.0002318
12/24/2022	0.0002319	0.0002197	0.0002318	0.0002319
12/25/2022	0.0002315	0.0002315	0.0002319	0.0002315
12/26/2022	0.0002332	0.0002332	0.0002315	0.0002332
12/27/2022	0.0002301	0.0002301	0.0002332	0.0002301
12/28/2022	0.000226	0.0002141	0.0002301	0.000226
12/29/2022	0.000228	0.000216	0.000226	0.000228
12/30/2022	0.0002278	0.0002158	0.000228	0.0002278
12/31/2022	0.000239	0.0002151	0.0002278	0.0002271
01/01/2023	0.00024	0.000216	0.0002271	0.000228
01/02/2023	0.0002307	0.0002185	0.000228	0.0002185
01/03/2023	0.0002307	0.0002185	0.0002185	0.0002307
01/04/2023	0.0002387	0.0002262	0.0002307	0.0002262
01/05/2023	0.0002376	0.0002251	0.0002262	0.0002376
01/06/2023	0.0002411	0.0002284	0.0002376	0.0002284
01/07/2023	0.0002401	0.0002149	0.0002284	0.0002275
01/08/2023	0.0002448	0.0002191	0.0002275	0.000232
01/09/2023	0.0002508	0.0002376	0.000232	0.0002376
01/10/2023	0.0002404	0.000227	0.0002376	0.000227
01/11/2023	0.00025	0.0002361	0.000227	0.0002361
01/12/2023	0.0002549	0.0002407	0.0002361	0.0002407
01/13/2023	0.0002612	0.0002467	0.0002407	0.0002612
01/14/2023	0.0002945	0.0002635	0.0002612	0.0002635
01/15/2023	0.0002795	0.000264	0.0002635	0.000264
01/16/2023	0.0002839	0.0002681	0.000264	0.0002681
01/17/2023	0.0002817	0.0002661	0.0002681	0.0002661
01/18/2023	0.0002722	0.0002571	0.0002661	0.0002571
01/19/2023	0.0002637	0.0002637	0.0002571	0.0002637
01/20/2023	0.000282	0.000282	0.0002637	0.000282
01/21/2023	0.0002928	0.0002765	0.000282	0.0002765
01/22/2023	0.000293	0.0002767	0.0002765	0.0002767
01/23/2023	0.0002928	0.0002765	0.0002767	0.0002765
01/24/2023	0.0002801	0.0002645	0.0002765	0.0002801
01/25/2023	0.0003061	0.0002739	0.0002801	0.0002739
01/26/2023	0.0002882	0.0002722	0.0002739	0.0002722
01/27/2023	0.0002876	0.0002716	0.0002722	0.0002876
01/28/2023	0.000283	0.0002673	0.0002876	0.0002673
01/29/2023	0.0002962	0.0002797	0.0002673	0.0002797
01/30/2023	0.0002976	0.0002663	0.0002797	0.0002663
01/31/2023	0.0002695	0.0002695	0.0002663	0.0002695
02/01/2023	0.0002791	0.0002791	0.0002695	0.0002791
02/02/2023	0.0002957	0.0002793	0.0002791	0.0002957
02/03/2023	0.0002995	0.0002829	0.0002957	0.0002829
02/04/2023	0.0003	0.0002834	0.0002829	0.0003
02/05/2023	0.0002934	0.0002771	0.0003	0.0002771
02/06/2023	0.0002906	0.0002744	0.0002771	0.0002744
02/07/2023	0.0003009	0.0002842	0.0002744	0.0002842
02/08/2023	0.0002807	0.0002807	0.0002842	0.0002807
02/09/2023	0.0002782	0.0002628	0.0002807	0.0002628
02/10/2023	0.0002725	0.0002573	0.0002628	0.0002573
02/11/2023	0.0002616	0.0002616	0.0002573	0.0002616
02/12/2023	0.0002728	0.0002576	0.0002616	0.0002576
02/13/2023	0.0002711	0.0002561	0.0002576	0.0002561
02/14/2023	0.0002801	0.0002645	0.0002561	0.0002645
02/15/2023	0.0003016	0.0002848	0.0002645	0.0002848
02/16/2023	0.0002785	0.0002785	0.0002848	0.0002785
02/17/2023	0.000288	0.000288	0.0002785	0.000288
02/18/2023	0.0002876	0.0002876	0.000288	0.0002876
02/19/2023	0.0002858	0.0002858	0.0002876	0.0002858
02/20/2023	0.0002896	0.0002896	0.0002858	0.0002896
02/21/2023	0.0002821	0.0002821	0.0002896	0.0002821
02/22/2023	0.0002794	0.0002794	0.0002821	0.0002794
02/23/2023	0.0002806	0.0002806	0.0002794	0.0002806
02/24/2023	0.0002733	0.0002733	0.0002806	0.0002733
02/25/2023	0.0002711	0.0002392	0.0002733	0.0002552
02/26/2023	0.000279	0.0002462	0.0002552	0.0002462
02/27/2023	0.0002777	0.000245	0.0002462	0.0002777
02/28/2023	0.0002728	0.0002568	0.0002777	0.0002568
03/01/2023	0.0002832	0.0002665	0.0002568	0.0002665
03/02/2023	0.0002801	0.0002472	0.0002665	0.0002636
03/03/2023	0.0002668	0.0002511	0.0002636	0.0002511
03/04/2023	0.0002664	0.0002507	0.0002511	0.0002507
03/05/2023	0.0002504	0.0002504	0.0002507	0.0002504
03/06/2023	0.0002505	0.0002505	0.0002504	0.0002505
03/07/2023	0.0002499	0.0002342	0.0002505	0.0002499
03/08/2023	0.0002452	0.0002299	0.0002499	0.0002452
03/09/2023	0.00023	0.0002156	0.0002452	0.00023
03/10/2023	0.0002434	0.000229	0.00023	0.000229
03/11/2023	0.0002373	0.0002076	0.000229	0.0002076
03/12/2023	0.0002546	0.000175	0.0002076	0.000191
03/13/2023	0.0002522	0.0001849	0.000191	0.0002017
03/14/2023	0.0002558	0.0001876	0.0002017	0.0002387
03/15/2023	0.0002484	0.0002153	0.0002387	0.0002153
03/16/2023	0.0002515	0.0001845	0.0002153	0.000218
03/17/2023	0.0002511	0.0001973	0.000218	0.0002331
03/18/2023	0.0002468	0.0002116	0.0002331	0.0002292
03/19/2023	0.0002499	0.0002142	0.0002292	0.0002142
03/20/2023	0.0002434	0.0002086	0.0002142	0.0002434
03/21/2023	0.0002892	0.0001988	0.0002434	0.000253
03/22/2023	0.0002782	0.0002261	0.000253	0.0002261
03/23/2023	0.0002908	0.0002362	0.0002261	0.0002362
03/24/2023	0.0002978	0.0002277	0.0002362	0.0002452
03/25/2023	0.0002616	0.0002267	0.0002452	0.0002441
03/26/2023	0.0002486	0.0002131	0.0002441	0.0002486
03/27/2023	0.0002574	0.0002231	0.0002486	0.0002403
03/28/2023	0.000266	0.0001951	0.0002403	0.0002306
03/29/2023	0.0002332	0.0001435	0.0002306	0.0001973
03/30/2023	0.0002332	0.0001973	0.0001973	0.0002332
03/31/2023	0.0002369	0.0001458	0.0002332	0.0001822
04/01/2023	0.0001822	0.0001457	0.0001822	0.0001639
04/02/2023	0.0001796	0.0001436	0.0001639	0.0001616
04/03/2023	0.0001811	0.0001449	0.0001616	0.000163
04/04/2023	0.0001872	0.0001497	0.000163	0.0001684
04/05/2023	0.00021	0.0001528	0.0001684	0.00021
04/06/2023	0.000206	0.0001498	0.00021	0.0001873
04/07/2023	0.0002051	0.0001678	0.0001873	0.0002051
04/08/2023	0.000222	0.0001665	0.0002051	0.000185
04/09/2023	0.0002046	0.0001674	0.000185	0.000186
04/10/2023	0.0002102	0.000172	0.000186	0.000172
04/11/2023	0.0001892	0.0001513	0.000172	0.0001513
04/12/2023	0.0001919	0.0001535	0.0001513	0.0001919
04/13/2023	0.0002014	0.0001611	0.0001919	0.0001812
04/14/2023	0.0002102	0.0001681	0.0001812	0.0001891
04/15/2023	0.0002302	0.0001674	0.0001891	0.0002092
04/16/2023	0.000212	0.0001696	0.0002092	0.0001908
04/17/2023	0.0002076	0.0001661	0.0001908	0.0001868
04/18/2023	0.0002315	0.0001683	0.0001868	0.0002104
04/19/2023	0.000213	0.0001356	0.0002104	0.000213
04/20/2023	0.0002137	0.0001943	0.000213	0.0002137
04/21/2023	0.0002219	0.0002034	0.0002137	0.0002219
04/22/2023	0.0002249	0.0001687	0.0002219	0.0001687
04/23/2023	0.0002049	0.000149	0.0001687	0.000149
04/24/2023	0.0001843	0.0001474	0.000149	0.0001658
04/25/2023	0.000224	0.0001493	0.0001658	0.0001493
04/26/2023	0.0001867	0.0001493	0.0001493	0.000168
04/27/2023	0.0001718	0.0001528	0.000168	0.0001718
04/28/2023	0.0001893	0.0001514	0.0001718	0.0001703
04/29/2023	0.0001909	0.0001527	0.0001703	0.0001909
04/30/2023	0.000187	0.0001496	0.0001909	0.0001683
05/01/2023	0.0001832	0.0001648	0.0001683	0.0001832
05/02/2023	0.0001872	0.0001497	0.0001832	0.0001685
05/03/2023	0.0001906	0.0001525	0.0001685	0.0001715
05/04/2023	0.0001879	0.0001503	0.0001715	0.0001691
05/05/2023	0.0001996	0.0001597	0.0001691	0.0001597
05/06/2023	0.0001902	0.0001522	0.0001597	0.0001522
05/07/2023	0.0001504	0.0001128	0.0001522	0.0001316
05/08/2023	0.0001669	0.0001112	0.0001316	0.0001298
05/09/2023	0.0001849	0.0001109	0.0001298	0.0001664
05/10/2023	0.0002027	0.000129	0.0001664	0.0001658
05/11/2023	0.0001975	0.0001436	0.0001658	0.0001616
05/12/2023	0.0001808	0.0001627	0.0001616	0.0001627
05/13/2023	0.0001796	0.0001437	0.0001627	0.0001617
05/14/2023	0.00018	0.000144	0.0001617	0.000162
05/15/2023	0.0001817	0.0001453	0.000162	0.0001817
05/16/2023	0.0001825	0.000146	0.0001817	0.0001642
05/17/2023	0.0001822	0.0001458	0.0001642	0.000164
05/18/2023	0.0001801	0.000144	0.000164	0.000144
05/19/2023	0.0001813	0.000145	0.000144	0.000145
05/20/2023	0.000182	0.0001456	0.000145	0.0001638
05/21/2023	0.0001805	0.0001444	0.0001638	0.0001625
05/22/2023	0.0002	0.0001636	0.0001625	0.0001818
05/23/2023	0.0002411	0.0001669	0.0001818	0.0002225
05/24/2023	0.000252	0.000216	0.0002225	0.000234
05/25/2023	0.0002529	0.0002348	0.000234	0.0002348
05/26/2023	0.000256	0.0002377	0.0002348	0.0002377
05/27/2023	0.0002563	0.000238	0.0002377	0.000238
05/28/2023	0.0002673	0.0002291	0.000238	0.0002482
05/29/2023	0.0002506	0.0002273	0.0002482	0.0002287