Disclaimer: The datasets shared within the following article had been compiled from set of on-line assets &don’t replicate AMBCrypto’s personal analysis at the matter.
The banking disaster following the cave in of the crypto-friendly Silicon Valley Financial institution (SVB), along with regulatory movements, has indubitably affected the efficiency of maximum cryptocurrencies adversely. However Safemoon (SFM) has saved itself afloat, because of its sturdy neighborhood.
SFM’s worth fell via 35% to $0.00016094 in the second one week of March 2023, however the memecoin has proven resistance. It’s these days buying and selling at $0.0002328. The marketplace capitalization of SFM stood at $232,466,625.
Learn Worth Prediction for SafeMoon [SFM] for 2023-24
Safemoon has been closely advertised as long-term funding alternative. To perform this, it will increase transaction charges via 10%, with coin house owners receiving 50% of the price range. Safemoon has had tricky 12 months, with the corporate accused of worth manipulation thru superstar endorsements, prompting some traders to sue. On the time of writing, its marketplace capitalization used to be ‘simply’ $121 million.
Since its creation, SafeMoon has outperformed maximum best meme coin initiatives’ ROI, the place maximum of them had been running for 12 months. If truth be told, as soon as upon time, SafeMoon’s CMC web page had extra visits than Bitcoin (BTC) &Ethereum (ETH) blended. SafeMoon, on the time, gained breakout response, or just about million searches, in line with Google’s trending statistics of the globe filter out.
In 2021, SFM considerably repaid its traders. Given how unstable the crypto marketplace is, it’s unattainable to expect the cost of SafeMoon or some other cryptocurrency someday. Then again, for the reason that SafeMoon switched to V2 in December 2021, the efficiency of SFM Coin someday is promising. This coin is actively promoted via the SafeMoon military, which matches nonstop day &night time.
This text will take have a look at SafeMoon’s fresh marketplace process, paying specific consideration to its marketplace cap &quantity. With assistance from datasets like non-zero addresses, whale transaction counts, and so forth., the similar will likely be expanded upon. Essentially the most well known analysts’ &platforms’ predictions will likely be summarized on the finish, along side have a look at the Concern & Greed Index to gauge marketplace sentiment.
SafeMoon’s worth, quantity &the whole thing in between
SafeMoon used to be introduced in March 2021 with provide of 777 trillion tokens. Its emerging recognition, coupled with the crypto-boom of 2021, proved to be extraordinarily a hit for the coin as its worth hit an ATH via round mid-April.
Via the tip of October, its worth persisted to hit new ranges &maintain earlier ranges on every occasion drawdowns got here to be.
At press time, SFM used to be buying and selling at $0.00022 with purchase force in its marketplace.
Supply: SFM/USDT, TradingView
The recognition of SafeMoon earned it massive selection of customers. Introduced in March 2021, its marketplace capitalization grew exponentially inside subject of few weeks, peaking at $5.75 billion in mid-Would possibly. Via the tip of October 2021, SafeMoon’s marketplace cap used to be above $3.65 billion.
All through the crypto-collapse of 2022, the marketplace capitalization of SafeMoon fell from $1.4 billion (early January) to little over $215 million. In 2023, it has fallen even additional.
In step with CNBC Global’s estimation, the super flood of stimulus from governments ¢ral banks during the arena to regard the coronavirus epidemic will handiest make stronger funding within the SafeMoon industry, in line with proponents of the cryptocurrency. They contend that such actions scale back the worth of fiat cash, making SafeMoon successful funding for holders of cryptocurrencies.
A number of celebrities, together with the Backstreet Boys’ member Nick Carter, the younger rap sensation Lil’ Yachty &Youtuber Logan Paul, have recommended SafeMoon. The coin has additionally been matter to a number of proceedings, on the other hand, with some accusing it of recruiting celebrities to assist shoot up its worth.
Everybody wishes #SAFEMOON or this will likely be you 📈 percent.twitter.com/r9DCQG0pmQ
Jake Paul (@jakepaul) March 27, 2021
One of the crucial newer incidents within the SafeMoon superstar endorsement saga used to be when SafeMoon traders introduced lawsuit towards Barstool Sports activities founder, Dave Portnoy. Portnoy used to be within the information in September 2021 when he invested $40000 in SafeMoon, calling the crypto his “favourite sh*tcoin”.
Traders accused him of pumping the crypto &then dumping his positions. Then again, Portnoy claimed that he didn’t make any cash on his funding &as subject of truth misplaced vital a part of his funding.” Im handiest man who loses all his cash in safemoon &will get sued for it,” he added.
Then again, the prison knowledge website online named Justin published that on 9 September, the plaintiffs filed understand of dismissal in regard to Portnoy.
In opposition to the tip of July, Bloomberg reported that SafeMoon had entered into partnership with Pige Inu. The three way partnership will see collaboration on Twitter in addition to list the latter on SafeMoon Switch.
That used to be no longer the one new list for SafeMoon Switch in July. As in keeping with a record via Insider, SafeMoon had introduced company partnership with MetFX. As in keeping with the partnership, the undertaking will likely be indexed for buying and selling on SafeMoon Switch.
Over the approaching 12 months, it will indubitably surpass all restrictions &convey just right fortune to any individual who invested in it. If truth be told, via the tip of 2021, SafeMoon’s worth simply hit $0.000001367 because of sturdy sensible contracts.
Knowledge from blockchain analytics company Sentiment published that marketplace occasions had been ready to steer SafeMoon’s recognition. Sure sentiment in addition to its social dominance have been on the low mark, at press time.
Each those metrics had first peaked within the aftermath of Terra’s cave in. Thereafter, it noticed spike within the month of August &September. However after 6 September, it’s been on constant decline.
SafeMoon’s 2025 Predictions
A Changelly blogpost says that crypto mavens have analyzed the cost of SafeMoon since its release. SFM will likely be traded at round $0.00000002 in 2025.
Telegaon is, on the other hand, very positive about the way forward for SafeMoon. In 2025, it predicts that SFM will likely be traded at as top as $0.0012 &as little as $0.00072. Its moderate worth during the 12 months will likely be $0.0084, Telegaon predicts.
DigitalCoinPrice predicts that SFM’s moderate worth in 2025 goes to be $0.0000000227, with its minimal &most costs to be $0.0000000197 and $0.0000000234.
SafeMoon’s 2030 Predictions
The Changelly publish discussed above predicts that SFM will likely be traded at as top as $0.00000013 &as little as $0.00000011 in 2030. Its moderate worth within the mentioned 12 months will likely be $0.00000012.
Telegaon is once more very bullish in its review of the way forward for SafeMoon in 2030, predicting that it’s going to be traded at as top as $0.011 &as little as $0.038. Its moderate worth within the mentioned 12 months will likely be $0.024.
DigitalCoinPrice isn’t so positive about its efficiency in 2030 both, predicting that it’s going to industry for $0.0000000678 on moderate. Its most &minimal costs will likely be $0.00000007 and $0.0000000653.
Are your SFM holdings flashing inexperienced? Test the benefit calculator
At press time, the Feart &Greed Index of the entire crypto marketplace used to be within the ‘Greed’ class.
SafeMoon employs staking set of rules because of which you’ll be able to achieve extra for your funding. Its staking set of rules shall we customers earn extra pastime on their investments than they might with conventional funding choices similar to shares or bonds. It won consideration available in the market with the release of SafeMoon V2 in December remaining 12 months. It introduced with itself 1000:1 consolidation replace with new overall SFM provide of 1 trillion.
SafeMoon remains to be first rate forex to put money into for just right long term income. Being meme coin, the asset is matter to vital worth fluctuations. It’s lucky that it’s fascinating selection, given its low price. The asset has some promise, as evidenced via the aforementioned Safemoon projections.
🌕 V2 replace
1 trillion would be the new overall provide for V2. With the burn, we’ve 575 billion in movement. Token consolidation: 1000:1 V2 replace.#SAFEMOONSUNDAY
SafeMoon (@safemoon) October 3, 2021
The SafeMoon neighborhood additionally stays very sturdy, at all times making efforts to take it to more moderen heights. If truth be told, it gained the Crypto-Group of the Yr Award 2021 on the AIBC Summit held in Malta.
If we apply the associated fee motion of SafeMoon over the last few months carefully, we will be expecting an upward motion as it presentations breach from falling resistance line &next validation as improve.
SafeMoon, like maximum memecoins, started its adventure via mocking the trend of cryptocurrency. Then again, it briefly went viral &won traction. The SafeMoon staff briefly discovered the place it would move &quickly introduced the SafeMoon Pockets. The crowd has realized to experience on its affect through the years.
An investor, who had in the past sued the creators of the Safemoon token for allegedly defrauding traders via artificially inflating the cost of the tokens thru false statements, dropped his magnificence motion remaining week. As this information emerged, the token’s worth skyrocketed to $0.00000196. Nevertheless it quickly dropped to its standard worth.
SafeMoon, like maximum memecoins, started via mocking the cryptocurrency craze. It briefly went viral &won traction. The SafeMoon staff briefly known its attainable &introduced the SafeMoon Pockets. Over the years, the gang has realized to depend on its energy.
Safemoon describes itself as “human-focused era &innovation trade advancing blockchain applied sciences for brighter the next day.” The undertaking’s early days as natural deflationary tokenomics undertaking appear very other from such tagline. The professional Twitter account has slightly below 1.3 million fans &300,000 individuals are participants of the subreddit.
SafeMoon not too long ago launched the SafeMoon Token Monetization Innovation (TMI). The SafeMoon TMI adjustments the decentralized change panorama to disencumber further get right of entry to for token spouse listings. It necessarily expands the supply of Internet 3.0 for extra members via making token inclusions extra out there to token liquidity suppliers &unlocking further neighborhood attainable to spouse with significant initiatives.
Safemoon’s worth has no longer been very unstable as a result of it’s low-risk funding. SafeMoon’s long term is unsure, as is the way forward for all cryptocurrencies, however it has the possible to jump if it could possibly effectively adapt to new technological &marketplace adjustments.