Sup Fam!
Well, looks like Moonvember wasn’t all that prosperous as we all expected. In the VIP group we had some good calls but, most were shorts. Which a win is a win right? Well, I figured I’d pop this BULLCEMBER off with a clean chart on everyone’s forgotten love… SAFEMOON! In the chart you will see that there is a perfect bullish cup and handle pattern forming which the right side of the market structure is also a bull flag. The price action seems to have broken bullish on the resistance line of the falling wedge at the top of the flag. That said, it seems as we have entered a zone to buy, or if you’re already in you can find solace in the fact this coin should see some bullish price movement in the upcoming weeks. ITS ALMOST TIME AGAIN FOR THE FUN KIDS!! I hope you’re as excited as I am for this. It’s been a rough run.
As a side note I wanted to mention, BTC will most likely have a flash crash come $75k-$78k. Watch for this. A lot of people will be calling for the end of the run. To me this will be just the beginning. Stay safe out there folks!
Always take the time to do your own research “DYOR” trading is a risky game and I’m not and will never have a 100% success rate. I’ll be happy with my 80% range.
As always, I’ve grabbed some fundamentals below for you to read up on the tech, team and exchanges that offer this project!
Be easy peeps and have a green week!
SAVVY
————————————————————————————
FUNDAMENTAL ANALYSIS
SAFEMOON Price Live Data
The live SafeMoon price today is $0.000003 USD with a 24-hour trading volume of $11,200,039 USD. We update our SAFEMOON to USD price in real-time. SafeMoon is up 4.32% in the last 24 hours. The current CoinMarketCap ranking is #207, with a live market cap of $1,849,182,912 USD. It has a circulating supply of 585,536,366,402,812 SAFEMOON coins and a max. supply of 1,000,000,000,000,000 SAFEMOON coins.
If you would like to know where to buy SafeMoon, the top cryptocurrency exchanges for trading in SafeMoon stock are currently Gate.io, ZT, PancakeSwap (V2), Bitrue, and LBank. You can find others listed on our crypto exchanges page.
What Is SafeMoon (SAFEMOON)?
SafeMoon Protocol is a decentralized finance (DeFi) token. According to the SafeMoon website, SafeMoon has three functions that take place during each trade: Reflection, LP Acquisition and Burn.
SafeMoon protocol is a combination of RFI tokenomics and an auto-liquidity generating protocol. According to an article, SafeMoon plans to develop a non-fungible token (NFT) exchange, as well as charity projects and crypto educational apps. With SafeMoon protocol, token holders will earn more SAFEMOON depending on how many coins they have. This can be up to an 80% APY, which is staggering when compared to traditional interest accounts. SafeMoon protocol will gain value over time thanks to its coin-burning strategy, making it a deflationary digital currency.
SafeMooon Protocol will be expanding to include an NFT marketplace and coin launchpad which will allow users to create their own cryptocurrencies via the platform. SafeMoon protocol has an ambitious roadmap thanks to its growing popularity and they wish to be listed on the leading exchanges, launch a decentralized exchange (DEX), and increase their partnerships by the end of 2021.
SafeMoon launched on Mar. 8, 2021 with a SafeMoon price of $0.0000000010 and supply of 777 trillion SafeMoon tokens.
Who Are the Founders of SafeMoon?
John Karony is the CEO at SafeMoon, according to his Twitter profile.
What Makes SafeMoon Unique?
The SafeMoon white paper notes that a big problem in the emerging DeFi industry is the existence of high APY LP-farms that don’t have easy access for newcomers to the space.
With SafeMoon, they aim to use the idea of static rewards (making the reward conditional upon the volume of the token being traded) in order to remove any pressure on the token that could occur when tokens are sold. As well, the white paper notes that their “reflect mechanism” adds incentive for SafeMoon holders to keep their tokens for longer, or HODL. SafeMoon’s Automatic LP also adds stability to the protocol by providing a price floor/cushion for token holders. SafeMoon’s manual burn strategy also helps SafeMoon token holders in the long term, according to their white paper.
How Many SafeMoon (SAFEMOON) Coins Are There in Circulation?
The SafeMoon white paper describes the following: a total supply of 1,000,000,000,000,000, with 223,000,000,000,000 burned dev tokens and a fair launch supply of 777,000,000,000,000,
The SafeMoon protocol, according to the white paper, works in the following way: in each trade, the transaction is taxed with a fee of 10%, which is cut in half. While 5% of the fee is redistributed to all of the token holders at the time, the other 5% is then split in half again, with 50% sold by the contract into BNB, and the remaining 50% automatically paired with the aforementioned BNB and added to PancakeSwap as a liquidity pair.
How Is the SafeMoon Network Secured?
The SafeMoon white paper has the following plan for the safety of its protocol: the developer burned all tokens in the Dev Wallet before launch, there was a fair launch on DxSale, the LP is locked on DxLocker for four year, and an LP is generated with every trade and locked on PancakeSwap.
Where Can You Buy SafeMoon (SAFEMOON)?
As of October 2021, SafeMoon (SAFEMOON) is available to trade on numerous exchange platforms, including: PancakeSwap (V2), Decoin, PancakeSwap, Gate.io, BitMart, ZBG, BiKi, LBank, Hoo, Hotbit, MEXC, Bitbns, Bitrue, WhiteBIT, KickEX, BitForex, BHEX, Jubi and Biswap.
It is listed with numerous SafeMoon price pairs, including ones like: SAFEMOON/WBNB, SAFEMOON/USDT and SAFEMOON/BUSD. To check SafeMoon price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the SafeMoon price page. Alternatively, use the dedicated exchange rate converter page. Popular SafeMoon price pairs include: SAFEMOON/USD, SAFEMOON/GBP AND SAFEMOON/EUR.
Well, looks like Moonvember wasn’t all that prosperous as we all expected. In the VIP group we had some good calls but, most were shorts. Which a win is a win right? Well, I figured I’d pop this BULLCEMBER off with a clean chart on everyone’s forgotten love… SAFEMOON! In the chart you will see that there is a perfect bullish cup and handle pattern forming which the right side of the market structure is also a bull flag. The price action seems to have broken bullish on the resistance line of the falling wedge at the top of the flag. That said, it seems as we have entered a zone to buy, or if you’re already in you can find solace in the fact this coin should see some bullish price movement in the upcoming weeks. ITS ALMOST TIME AGAIN FOR THE FUN KIDS!! I hope you’re as excited as I am for this. It’s been a rough run.
As a side note I wanted to mention, BTC will most likely have a flash crash come $75k-$78k. Watch for this. A lot of people will be calling for the end of the run. To me this will be just the beginning. Stay safe out there folks!
Always take the time to do your own research “DYOR” trading is a risky game and I’m not and will never have a 100% success rate. I’ll be happy with my 80% range.
As always, I’ve grabbed some fundamentals below for you to read up on the tech, team and exchanges that offer this project!
Be easy peeps and have a green week!
SAVVY
————————————————————————————
FUNDAMENTAL ANALYSIS
SAFEMOON Price Live Data
The live SafeMoon price today is $0.000003 USD with a 24-hour trading volume of $11,200,039 USD. We update our SAFEMOON to USD price in real-time. SafeMoon is up 4.32% in the last 24 hours. The current CoinMarketCap ranking is #207, with a live market cap of $1,849,182,912 USD. It has a circulating supply of 585,536,366,402,812 SAFEMOON coins and a max. supply of 1,000,000,000,000,000 SAFEMOON coins.
If you would like to know where to buy SafeMoon, the top cryptocurrency exchanges for trading in SafeMoon stock are currently Gate.io, ZT, PancakeSwap (V2), Bitrue, and LBank. You can find others listed on our crypto exchanges page.
What Is SafeMoon (SAFEMOON)?
SafeMoon Protocol is a decentralized finance (DeFi) token. According to the SafeMoon website, SafeMoon has three functions that take place during each trade: Reflection, LP Acquisition and Burn.
SafeMoon protocol is a combination of RFI tokenomics and an auto-liquidity generating protocol. According to an article, SafeMoon plans to develop a non-fungible token (NFT) exchange, as well as charity projects and crypto educational apps. With SafeMoon protocol, token holders will earn more SAFEMOON depending on how many coins they have. This can be up to an 80% APY, which is staggering when compared to traditional interest accounts. SafeMoon protocol will gain value over time thanks to its coin-burning strategy, making it a deflationary digital currency.
SafeMooon Protocol will be expanding to include an NFT marketplace and coin launchpad which will allow users to create their own cryptocurrencies via the platform. SafeMoon protocol has an ambitious roadmap thanks to its growing popularity and they wish to be listed on the leading exchanges, launch a decentralized exchange (DEX), and increase their partnerships by the end of 2021.
SafeMoon launched on Mar. 8, 2021 with a SafeMoon price of $0.0000000010 and supply of 777 trillion SafeMoon tokens.
Who Are the Founders of SafeMoon?
John Karony is the CEO at SafeMoon, according to his Twitter profile.
What Makes SafeMoon Unique?
The SafeMoon white paper notes that a big problem in the emerging DeFi industry is the existence of high APY LP-farms that don’t have easy access for newcomers to the space.
With SafeMoon, they aim to use the idea of static rewards (making the reward conditional upon the volume of the token being traded) in order to remove any pressure on the token that could occur when tokens are sold. As well, the white paper notes that their “reflect mechanism” adds incentive for SafeMoon holders to keep their tokens for longer, or HODL. SafeMoon’s Automatic LP also adds stability to the protocol by providing a price floor/cushion for token holders. SafeMoon’s manual burn strategy also helps SafeMoon token holders in the long term, according to their white paper.
How Many SafeMoon (SAFEMOON) Coins Are There in Circulation?
The SafeMoon white paper describes the following: a total supply of 1,000,000,000,000,000, with 223,000,000,000,000 burned dev tokens and a fair launch supply of 777,000,000,000,000,
The SafeMoon protocol, according to the white paper, works in the following way: in each trade, the transaction is taxed with a fee of 10%, which is cut in half. While 5% of the fee is redistributed to all of the token holders at the time, the other 5% is then split in half again, with 50% sold by the contract into BNB, and the remaining 50% automatically paired with the aforementioned BNB and added to PancakeSwap as a liquidity pair.
How Is the SafeMoon Network Secured?
The SafeMoon white paper has the following plan for the safety of its protocol: the developer burned all tokens in the Dev Wallet before launch, there was a fair launch on DxSale, the LP is locked on DxLocker for four year, and an LP is generated with every trade and locked on PancakeSwap.
Where Can You Buy SafeMoon (SAFEMOON)?
As of October 2021, SafeMoon (SAFEMOON) is available to trade on numerous exchange platforms, including: PancakeSwap (V2), Decoin, PancakeSwap, Gate.io, BitMart, ZBG, BiKi, LBank, Hoo, Hotbit, MEXC, Bitbns, Bitrue, WhiteBIT, KickEX, BitForex, BHEX, Jubi and Biswap.
It is listed with numerous SafeMoon price pairs, including ones like: SAFEMOON/WBNB, SAFEMOON/USDT and SAFEMOON/BUSD. To check SafeMoon price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the SafeMoon price page. Alternatively, use the dedicated exchange rate converter page. Popular SafeMoon price pairs include: SAFEMOON/USD, SAFEMOON/GBP AND SAFEMOON/EUR.
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Patreon: Patreon.com/ckf
Join our VIP for access to learning to trade, trade signals, indicators and a day trading strategy with 86% win rate!
