Safe moon coinmarket cap

This crypto bull run has shown many similarities to what happened in the run-up. In that cycle, cryptocurrencies seemed to be sprouting out of the ground at an alarming rate. There was a mania of initial coin offerings and it was hard to discern what projects were real and which ones were outright scams. Today, there are over 10, different cryptocurrencies, all promising new use cases. Learn how smart money is playing the crypto game. Subscribe to our premium newsletter - Crypto Investor.

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WATCH RELATED VIDEO: Coinmarketcap Lists SafeMoon!!

Prices, Charts, All-time Highs SafeMoon SAFEMOON

This crypto bull run has shown many similarities to what happened in the run-up. In that cycle, cryptocurrencies seemed to be sprouting out of the ground at an alarming rate.

There was a mania of initial coin offerings and it was hard to discern what projects were real and which ones were outright scams. Today, there are over 10, different cryptocurrencies, all promising new use cases. Learn how smart money is playing the crypto game. Subscribe to our premium newsletter - Crypto Investor. With the recent Dogecoin craze, several cryptos popped up that seemed entirely fake. They all seemed to be capitalizing on Dogecoin's success with meme culture investments, but what about SafeMoon?

Is it trying to do the same or is it a serious project? Its website says that the cryptocurrency has three core components. The first is reflection. This is where SafeMoon transactions are charged a fee which gets distributed among holders of the token. The second is a fee charged on transactions that will be given to various liquidity pools on Pancake Swap and other platforms. The third component is a token burn that occurs on each trade. Nowhere in the whitepaper, or the rest of the site, does it clarify the percentage of each transaction that gets burned.

In the SafeMoon whitepaper , it states that they intend to have manual token burns done by the team. These burns do not seem to be prebuilt mechanisms in SafeMoon's protocol but will be done at the team's discretion. SafeMoon aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term.

It's unclear what criteria the team uses to make these decisions, nor is it clear what level of autonomy the team has in changing SafeMoon's max supply. The team's ability to burn tokens at their discretion could allow for potential manipulation of supply and price. As seen above, trillion SafeMoon have been burned so far. This quantity is accurately represented by the following wallet which looks to be SafeMoon's burn address. The total supply of SafeMoon is one quadrillion tokens.

The token is run by a group of six that all look to have some degree of previous work history together. The CTO, Thomas Smith, has the most established work history of the group with various software engineering roles held at a number of companies.

The rest of the team seems to have varying degrees of experience in web development, game development or general management. Unforetunealty, the website leads to a error from the host's end. SafeMoon's web developer, Jacob Smith, apparently worked for this game development company as well.

On Jacob Smith's LinkedIn he states that he "Worked as the lead website developer working on several of their projects. Work is on hold atm due to the lack thereof. Henry Wyatt is the only team member to have earned a four-year degree. The rest look to have spent brief periods at universities or colleges. While education or experience at larger companies is not prerequisites for creating a cryptocurrency, their previous work history and credentials seem a bit unclear.

They promote SafeMoon on their Twitter accounts, which isn't that out of the ordinary from crypto project leaders, but it's hard to say how genuine the project is or how qualified they are. The site also has SafeMoon related merchandise for sale, including hoodies, hats, sweatpants and more. This isn't very typical for a cryptocurrency project, though proceeds could be used for development money. The Binance Smart Chain uses a consensus mechanism called proof of authority.

In proof of authority, the block creators are known as validators. These validators are pre-approved and chosen by Binance. To be approved, they must confirm their real identities, invest money to prove long-term commitment and be equal to all other candidates. This makes proof of authority reputation-based by design. In this model, Binance has absolute control over the blockchain. They decide who becomes a validator and they remove validators at their discretion.

All of the chain's users must trust that Binance will behave in everyone's best interest. Should Binance decide to alter any aspects of the chain or ecosystem it has the power to do so. Bitcoin uses a totally different consensus mechanism called proof of work.

Proof of work was the original consensus mechanism used by blockchains and has proved to be very effective at securing a decentralized system from bad actors. In proof of work, computers compete with each other to process and validate transactions. To win this competition, the computer must solve complex mathematical puzzles.

Once they've won, the computer adds a new block of transactions to the blockchain. These computers are also known as miners and they are given Bitcoin for completing a new block of transactions.

This process is very energy-intensive and helps to secure the network. Enough miners geographically distributed makes for a decentralized network without a central authority, which is drastically different than how the BSC operates.

Today, Bitcoin is a massively distributed and decentralized network with many thousands of nodes and miners across the globe. Choosing to invest in SafeMoon is a personal decision that should be made based on how much risk you would like to take.

The success of SafeMoon depends on Binance, the SafeMoon team and whatever community is built around it. A calculated investment in SafeMoon would require the investor to take into account the centralization of the Binance Smart Chain and how much control Binance has over it. It would also require a level of faith in the legitimacy of the SafeMoon team, which has little proof of previous success.

While people need to get their start somewhere, a healthy dose of skepticism can go a long way. SafeMoon, along with all other tokens on the Binance Smart Chain, is effectively at the whim of Binance with the centralized nature of proof of authority. If Satoshi Nakamoto returned and could make direct edits to Bitcoin's code and have it implemented to every miner and node in the network it would no longer be decentralized and would therefore reduce faith in the system.

An investment in SafeMoon in its current stage would be pure speculation as it is not yet a proven team or project.

That said, all ships tend to rise with the tide. Should Bitcoin continue on its trajectory in this bull market there could be a chance SafeMoon will increase as well, and other speculative investors could push it higher, but these are risky bets to make. Learn how Wall Street pros are adding Bitcoin to their portfolios. News Bitcoin Ethereum DeFi. Home Crypto DeFi. SafeMoon is built to have three core components: The first is the " reflection" where SafeMoon transactions are charged a fee that gets distributed among holders of the token.

The third is a token burn that occurs on each trade. SafeMoon is built on the Binance Smart Chain which uses proof-of-authority as its consensus mechanism. These validators are pre-approved and chosen by Binance, making the blockchain centralized.

Due to the centralization of the Binance Smart Chain, users of its platform need to trust Binance and rely on it for security.

What is SafeMoon? SafeMoon has quickly risen to be Binance's third-largest token by market capitalization. By Sabrina Toppa. See More.

Shiba Inu was the most viewed cryptocurrency in 2021, surpassing Bitcoin: CoinMarketCap

To investors hunting for the next Dogecoin, the more than 19, per cent price gain that cryptocurrency SafeMoon posted in its early weeks was like catnip. Though the price of the four-month-old token has dropped since then, more than 2. It charges a 10 per cent fee to buy tokens and another 10 per cent to sell — almost unheard of in the digital currency world. Half of these fees are paid to owners as an incentive to keep holding and the other half goes into a liquidity pool controlled by the developers.

dogecoin and safemoon. The valuation of individual units of meme coins are relatively low. (Source: CoinMarketCap). Meme coins often have a.

safe moon coin market cap

CoinMarket Cap or coincap market : coinmarket cap coinmarketcap Wikipedia, airdrop, login, place, ID, earn , xrp, cryptocurrency, safemoon. Top cryptocurrency prices and charts, listed by market capitalization. Free access to current and historic data for Bitcoin and thousands of altcoins. Despite its volatility, crypto investors are investing in trending and new cryptocurrencies. This new movement in the crypto world is making the cryptocurrency market cap increase globally. July has been a pretty good month till now with steady growth and developments. What does this indicate, should we invest in the best cryptocurrencies as experts say it is the right time because of the price fall or should we think again before investing in new crypto coins.

SafeMoon V2 Is Finally Live Now as Holders Bet on an Epic Bull Run To a New All-time High

safe moon coinmarket cap

CoinMarketCap, a major cryptocurrency price tracking site, shows SafeMoon is on just over 1. SafeMoon is a relatively new cryptocurrency token launched two months ago in early March. It works by charging a 10 percent fee on each transaction, some of which is redistributed to others who hold the token. Since its launch, it has gained traction as fans of the token repeatedly post about it on social media. A tweet by the SafeMoon team on Thursday about how it overtook Bitcoin in terms of CoinMarketCap watchlists gained more than 22, likes at time of writing.

SafeMoon is considered to be among the riskier investments in the crypto world. In the blockchain ecosystem, there are decentralized finance DeFi platforms and centralized finance CeFi platforms.


Cryptocurrencies have gathered the attention of many owing to the huge volatility this novel asset category saw only last week. Now, there are as many as digital currencies and some seem to have sprung up because of the last crisis, the massive sell-off these currencies are continuing to witness. As of writing the story, bitcoin the largest crypto by market cap as per blockchain news outlets CoinDesk traded higher by a marginal 0. This is even as there has been clampdown on the currency in China as well as Elon Musk's continuing tweet, which kept dragging the digital token lower. Now here we put across some of the currencies that might have surfaced either due to the latest crisis or are newly evolved:. StopElon: This was the crypto which originated after investors shown their aggression or hate towards Elon Musk on irrationally influencing the price of cryptocurrency bitcoin and other altcoins.

safe coin market cap

Imagine going to bed with a few thousand dollars' worth of coins and tokens in your crypto wallet. You pour your coffee, grab your phone, and open up to find your balance has ballooned into the billions. No, SafeMoon didn't finally moon. Mongoose Coin didn't swallow Cobra Coin. And Shiba Inu didn't rally by fifty decimals. It's just some bad data.

SAFEMOON is the latest cryptocurrency to burst on to the scene, According to Coin Market Cap, it has a fully diluted market cap of.

By Mark Prvulovic Apr. ET Meme coins are all the rage right now. While it might not make much sense from a logical perspective, looking at it emotionally, people want to buy and trade cryptos that are cool, interesting, and make them a lot of money.

According to Benzinga Pro , the following are the crypto gainers and losers at the time of publication:. Do you want to learn more about trading and be able to analyze your own portfolio of stocks or cryptocurrencies? Consider signing up for Benzinga Pro. Benzinga Pro gives you up to date news and analytics to empower your investing and trading strategy.

Market capitalization is one of the most popular metrics in finance. It was first introduced in the stock market and has been adapted to the crypto world where it is used to value cryptocurrencies.

A cryptocurrency , crypto-currency , or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank , to uphold or maintain it. Individual coin ownership records are stored in a digital ledger , which is a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. In a proof-of-stake model, owners put up their tokens as collateral. In return, they get authority over the token in proportion to the amount they stake. Generally, these token stakers get additional ownership in the token over time via network fees, newly minted tokens or other such reward mechanisms. Cryptocurrency does not exist in physical form like paper money and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to a central bank digital currency CBDC.

Number of EverGrow Tokens you own, Volume and circulating supply must be entered to show the daily, monthly and yearly reflections. It recently launched and went very high. Manual Burns.

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  1. Barr

    complete nonsense