![]() He explained in the video: "SafeMoon exchange allows all of our users on our platform to enjoy the same benefits they enjoy with SafeMoon-but across all their cryptos. In a video on the SafeMoon site, SafeMoon's CEO John Karony claimed the exchange would expand on the concept of holding to users' other crypto-coins. The team has said 5 percent of all SafeMoon trades are redistributed to holders and that it will be working on non-fungible tokens (NFTs) in the future. ![]() For perspective, a single bitcoin was priced at $61,000. As of Friday morning, it was priced at $0.00000133, according to CoinMarketCap. SafeMoon has been at the center of some online speculation but very much remains a little-known token. It remains to be seen how that will work in reality but the SafeMoon Reddit community has been eager to capitalize on the sudden successes of dogecoin, a token that was started as a meme in 2013 but has recently been gaining widespread attention. ![]() SafeMoon is a new token, launched in early March, that aims to incentivize buyers and penalize sellers, with the idea being that doing so could help drive the overall value "to the moon," a phrase used online to describe a price surge. The team behind a new cryptocurrency known as SafeMoon claims to have raised over $700,000 from donors to help build a new token exchange.Ī fundraising page on the project's official website says the goal is to reach $1 million to create a new platform known as the SafeMoon Exchange-expanding on the concept that people who choose to hold onto cryptocurrencies earn rewards over time.
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