Most analysts are of the opinion that SafeMoon will be worth more than $0.00001141 in the next five years. SMCG, like SafeMoon, runs on Binance Smart Chain. Although it is handled by a different team, the company says that this project complements the main one. The company’s white paper says that the creators are solving the problem of rate hikes with “statistical rewards.” This mechanism should convince users to keep their assets, rather than sell immediately at a sharp rise.Īfter the company’s capitalization exceeded $4 billion, SafeMoon Cash (SMCG) separated from it. Many DeFi projects, alas, turn out to be a classic bubble: eventually, it explodes and the price of tokens falls. It is fully controlled by the community.Several people wrote that Caroni’s parents worked as agents for the CIA, but this information cannot be verified through open sources.

Because of its hasty growth, SafeMoon cryptocurrency and its head of the team, a 25 years old John Caroni began to catch higher attention than on Reddit, users began to inquire on his biography.

Although it appeared in spring of 2021, a large community has already grown around it. SafeMoon is a BEP-20 token that serves as a reward for liquidity delivery. A wallet, a decentralized exchange and a cryptocurrency wallet are currently in the launch stage, also among the products of the Mooncraft browser game and a merch store. The concept of reflection applied by SafeMoon implies static rewards that mitigate most of the above disadvantages. It is claimed as a means to solve the problems faced by liquidity providers in decentralized finance protocols in terms of inconsistent losses, crowding out of new investors by earlier investors. SafeMoon is a DeFi Protocol on the Binance Smart Chain blockchain. The token, which debuted in March 2021, has also received increased attention because it is designed to avoid the sharp price fluctuations typical of Bitcoin, Ethereum, and, more recently, of Dogecoin. Its popularity increased even more during the last year altcoin season when against the background of the general crypto market recession and the decline in the dominance of the major coin (BTC), investors’ attention shifted to alternative coins in search of promising projects with a good progress potential.

Is SafeMoon profitable and good to invest in?Īmong the multitude of altcoins that make the eyes feel literally restless, Safemoon being a rather new token with quite interesting specifics has been progressively occupying attention lately.

SafeMoon Forecast: Authoritative Opinion.

Safe moon price forecast