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SafeMoon Token (SAFEMOON) price, chart, coin profile and news

Find the latest SafeMoon Token (SAFEMOON) price, coin profile, news and history to get you started with SafeMoon Token trading and investing.

SafeMoon Token (SAFEMOON) is the 1259th largest cryptocurrency in the world by market cap, valued at $1,011,670,200. The current price of SafeMoon Token is $1.8E-6, which is 4.890% higher than yesterday. Prices have ranged between $6.856e-9 and $6.358e-9 over the past 24 hours. All prices are listed in US dollars and accurate as of February 03, 2023 07:02 UTC.

Safemoon Token price chart

Price over the past month

What is Safemoon Token?

SafeMoon is a decentralized finance (DeFi) token built on top of the Binance Smart Chain (BSC) blockchain. The token was designed to mitigate issues related to price volatility that have plagued the digital asset market since its inception.

SafeMoon actively dissuades token holders from liquidating or day trading their tokens by charging a 10% fee on each sale. Instead, SafeMoon rewards the "buy and hold" philosophy by gifting long-term token holders monetary incentives and benefits. According to SafeMoon documentation, half of the 10% sale fee is redistributed back to token holders. The platform punishes traders and rewards those that hodl.

SAFEMOON is the native crypto asset of the ecosystem and is designed to help facilitate not only reward issuance related processes but also various internal transactions. As per the official project whitepaper, the asset has a total supply of 1 quadrillion tokens (of which 223 trillion have already been burned).

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Safemoon Token at a glance

Basic stats for Safemoon Token

#1259
$1 B
1000000 B
John karony
Simplex
Decentralized finance
Transaction fees
Rewards
Binance smart chain
Show all

Safemoon Token performance over time

Safemoon Token fundamental and technical analysis

Time frame
Movement
1 day
4.89%
1 week
5.78%
1 month
32.39%
2 months
11.85%
200 days
45.77%
1 year
99.52%
Show all

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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