It is currently available on WhiteBit, PancakeSwap and BitMart. Plus, SafeMoon founders say two new exchange listings are coming. SafeMoon has already raised $700,000 of the $1 million it says it needs to launch its exchange. In the coming months, it says it plans to develop an NFT exchange, integrate SafeMoon with video games, push into Africa, launch an educational app and complete its own SafeMoon exchange. Importantly, the company has already confirmed a trading pair with Dogecoin, allowing crypto users to exchange the two coins. These growth plans are helping to boost SafeMoon price predictions. So what else do you need to know? Although there is little information about SafeMoon, the company is eyeing big expansion in the coming months. Investors should note that half of that fee redistributes to all existing tokens holders. These three functions connect to its initial goal: Sellers face a 10% transaction fee. Those who sell also face a penalty.Īccording to the company, the SafeMoon Protocol is based on three functions: reflection, LP acquisition and burn. To do this, it says it builds in rewards for people who hold their tokens for a longer time. Essentially, SafeMoon wants to help crypto bulls get to the moon, just in a safer fashion. It comes from the SafeMoon Protocol, a decentralized finance (DeFi) startup. In fact, the token launched in the first quarter of 2021.
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