With the introduction of Decentralised Finance (DeFi) using blockchain technology, we have seen the majority of blockchain networks shift towards DeFi in recent years. SafeMoon is one of the blockchain networks. We have built a guide based on the SafeMoon blockchain and a SafeMoon price prediction model based on our study, even if you are new to blockchain.
The SafeMoon Protocol V2 is a DeFi token focusing on the community that is part of the growing SafeMoon ecosystem.
Note: This article should be taken as an educational guide, and all the predictions are based on our own opinion. So please don’t take it as investment advice.
- 1 Overview
- 2 What is SafeMoon (SFM)?
- 2.1 How does SafeMoon Work?
- 2.2 SafeMoon’s plans
- 2.3 Advantages of SafeMoon
- 2.4 Disadvantages of SafeMoon
- 2.5 SFM Token
- 2.6 How SafeMoon is Unique
- 2.7 Uses of SafeMoon
- 2.8 What Factors Influence the Price of Safemoon?
- 2.9 Safety of SafeMoon Network
- 2.10 The biggest SafeMoon criticisms
- 2.11 Is SafeMoon Really a Ponzi Scheme?
- 3 SafeMoon Whale Wallets
- 4 SafeMoon (SFM) Price History
- 5 What Expert Analysts say about SafeMoon:
- 6 SafeMoon Inflationary / Deflationary analysis
- 7 SafeMoon Price Prediction 2022-2030
- 8 SafeMoon Price Prediction: 2022
- 9 SafeMoon Price Prediction 2023
- 10 SafeMoon Price Prediction 2024
- 11 SafeMoon Price Prediction 2025
- 12 SafeMoon Price Prediction 2026
- 13 SafeMoon Price Prediction 2027
- 14 SafeMoon Price Prediction 2028
- 15 SafeMoon Price Prediction 2029
- 16 SafeMoon Price Prediction 2030
- 17 Risks of Investing in SafeMoon
- 18 Conclusion: SafeMoon (SFM) Price Prediction
- 19 FAQs
Overall, it appears like SafeMoon has a promising future because of its direct stake in decentralised finance, and as this increases in the next years, we predict SafeMoon’s price to climb in lockstep. Furthermore, its V2 upgrades and other amazing features are continually improving the coin’s usability, accessibility, and security. However, investors should be aware that the coin’s altcoin nature is very prone to significant price movements, which may result in massive volatility.
This article will look further into the SafeMoon pricing and attempt to comprehend forecasts for the next seven years. We’ll also look at what the project is presently working on, how it may have direct ramifications for business operations, and how you can acquire cryptocurrency right now.
What is SafeMoon (SFM)?
SafeMoon is a cryptocurrency (BEP-20) token that was launched on the Binance Smart Chain blockchain in March 2021. The token levies a 10% transaction fee, with 5% transferred (or reflected) to token holders and 5% sent to wallets in a rival currency, Binance Coin (BNB), owned by the coin’s creators. The blockchain can process 3,000 simultaneous transactions.
SafeMoon will be available in March 2021. John Karony, who has been a former analyst for the US Department of Defense, is the CEO of SafeMoon.
CertiK, a security auditing firm, analysed the V1 version of the token in May 2021, identifying a “serious concern” that the project’s owners had “management over tokens supported by SafeMoon’s seller fee.” SafeMoon published Version 2 (SafeMoon V2), an improved version of the SafeMoon contract, in December 2021.
On its own blockchain, SafeMoon intends to establish its own blockchain, cryptocurrency exchange, hardware wallet, and macro Internet of things infrastructure.
How does SafeMoon Work?
SafeMoon was created to protect investors from volatility by compensating them for retaining their money. It has three basic functions: reflection, LP acquisition, and burn.
Static rewards, sometimes known as reflections, aim to address issues with mining payouts. It accomplishes this in two ways:
- The amount of the incentive is conditional on the number of trades, which mitigates the selling pressure produced by early adopters selling their coins.
- It encourages holders of the tokens to earn larger payouts based on the overall number of tokens possessed.
This method varies from usual mining payouts. For example, early adopters of Bitcoin — and other tokens — received larger incentives for their mining efforts than latecomers since the reward value diminishes over time.
Conclusively, early adopters often own more cryptocurrency than newcomers. SafeMoon’s static reward model targets to improve the problem of early adopters mass-selling their tokens.
According to the official white paper, the autonomous liquidity pool is SafeMoon’s “secret sauce,” according to the official white paper. This function establishes a consistent price floor for both buyers and sellers.
The design is intended to be long-lasting. The penalty for selling coins is an interesting aspect of SafeMoon. The smart contract levies a 10% fee for each transaction. Existing holders receive 5% of the fee, which encourages investors not to sell their tokens.
According to the project’s white paper, the idea is to “avoid greater dips when whales opt to sell their tokens later in the game, keeping the market from moving as much.”
Token burning is a procedure in which most cryptocurrencies permanently withdraw tokens from circulation. This procedure attempts to promote scarcity and, consequently, value. From the outset, some cryptocurrency programmes burn coins indefinitely.
SafeMoon, on the other hand, uses manual burns rather than continual burns. The premise is that this method can help long-term investors adopt a favourable burn strategy. It also enables the burns to be publicly publicised and tracked, resulting in enhanced openness.
SafeMoon has mapped forth a plan for the coming year. The firm said in the first quarter that it had increased the size of its workforce and had initiated a marketing effort. Following that, the business intends to finish a SafeMoon app (though it is unclear what the app would perform), a wallet, and games. It also aims to investigate allowing its currency to be traded on exchanges like Binance, start creating its own exchange, increase its workforce by 35%, and open an office in the United Kingdom/Ireland. The business stated that it intends to complete its SafeMoon Exchange and launch an African-based SafeMoon office in the second half of the year.
Advantages of SafeMoon
SafeMoon, as a memecoin, has the potential to go viral, and if it does, its value might skyrocket to the moon, as its name suggests. Take a look at what occurred with Dogecoin: The value of the cryptocurrency increased by more than 200 times in a few months in 2021 merely due to word of mouth.
If you want to keep SafeMoon for a long time, you will benefit from the reflections since you will earn a percentage of the cost incurred if other people sell their tokens. This is a financial benefit that you will not receive if you hold most other popular cryptocurrencies, where you only profit if the price rises.
Furthermore, SafeMoon’s latest SafeMoon 2.0 version reduced transaction fees, which may make it more desirable to exchanges and other use cases in the future.
Disadvantages of SafeMoon
SafeMoon is a dangerous investment because of its extreme volatility, which means that the price can swing substantially up and down. While this is true of every cryptocurrency, if you choose to sell SafeMoon, you will lose your investment and lose 10% due to the selling charge.
Furthermore, SafeMoon is not suitable for regular trading since you must pay that hefty cost every time you sell. Furthermore, because it is not listed on major exchanges, SafeMoon is less liquid, and converting it to cash requires more labour because it must first be converted to BNB.
According to Jeremy Britton, CFO of Boston Trading Co, a crypto investment company, the fact that SafeMoon is not listed on major exchanges is a huge red flag. “The exchanges conducted their due diligence and discovered flaws in the proposal.” “Ignore the experts at your peril,” he warns.
The SafeMoon white paper describes having a total supply of 1,000,000,000,000,000, 223,000,000,000,000 burnt dev tokens, and a fair launch supply of 777,000,000,000,000,
SafeMoon protocol operates as follows: each trade is charged with a cost of 10%, which is then slashed in half. While 5% of the fee is divided among all token holders at the moment, the remaining 5% is split in half again, with 50% sold into BNB via the contract and the remaining 50% automatically paired with the aforementioned BNB and added to PancakeSwap as a liquidity pair.
How SafeMoon is Unique
According to the SafeMoon white paper, one major issue in the burgeoning DeFi business is the availability of high APY LP-farms that are difficult to reach for novices to the space.
SafeMoon’s goal is to employ the concept of static incentives (making the reward contingent on the volume of the token being exchanged) to alleviate any pressure on the token that may arise when tokens are sold. Furthermore, the white paper claims that its “reflect mechanism” provides an incentive for SafeMoon holders to store their tokens for a longer period of time or HODL. SafeMoon’s Automatic LP additionally gives stability to the system by giving token holders a price floor/cushion. According to their white paper, SafeMoon’s manual burn technique also benefits SafeMoon token holders in the long run.
Uses of SafeMoon
Buying and selling: Because SafeMoon is built for transactions, its primary function is to be purchased and sold. However, as previously stated, there are a variety of reasons why users are discouraged from selling the coin. This is done to lessen the coin’s volatility. The V2 version has brought significant usefulness to each transaction to build the SafeMoon ecosystem. Each transaction consumes 2% of the total token supply, adds 3% liquidity, and contributes 1% to the SafeMoon growth fund.
Keeping crypto: The SafeMoon crypto wallet allows users to keep their crypto in a safe and secure manner. Having a crypto wallet specifically designed for SafeMoon is a smart thing to think about, especially if you intend on stockpiling big quantities of the coin. Furthermore, as previously stated, the wallet has begun to handle EverGreen Coin, which is wonderful for those who wish to keep both currencies.
SafeMoon has established a Venture philanthropy effort to promote the usage of Safemoon over the world. This is fantastic for two reasons: For starters, it allows less developed portions of the globe to reap the benefits of decentralised finance, which can aid in their development. Second, it exposes SafeMoon’s products to an increasing number of consumers, which may help drive up the coin’s price.
What Factors Influence the Price of Safemoon?
SafeMoon is not much different from any other cryptocurrency in the sense that the key driver of the price is the number of individuals purchasing and selling the coin. If a big number of investors decide to quit their market holdings, the price will decline. When a huge number of individuals purchase the coin, the price rises.
The factors that influence who buys and sells can be boiled down to three key points:
The project’s utility: If SafeMoon publishes a set of updates that people enjoy and believe will result in long-term growth, they will invest in the asset, driving up the price. This was true for both the announcement of the EverGreen alliance and the launching of the V2 coin.
Popularity: If there is a strong community behind the currency, it is more probable that people will band together and buy it. The greater the coin’s popularity, the more likely it is to pique the curiosity of potential purchasers. This aspect is strongly related to the project’s usefulness.
Broader market: The larger market is also important to consider. The market’s present trend appears to be quite pessimistic, with investors selling out of their positions. However, if this changes and investors begin to generate bigger profits, the price of Safemoon will very certainly begin to rise.
Safety of SafeMoon Network
With all of the enthusiasm surrounding a new project like SafeMoon, worrying if it’s secure is natural.
It may see more consumers as the wallet becomes more popular in the coming months. According to BSC News, more than 100,000 Android users had downloaded the wallet from Google Play by Oct. 1, but the iOS version only went live on the App Store on Oct. 6 — and zoomed up to #10 inside 12 hours, SafeMoon said in a tweet. It had been downloaded 600,000 times across both platforms by mid-November.
The biggest SafeMoon criticisms
SafeMoon, like many other cryptocurrencies, is a highly speculative asset with no core value. Here are a few other dangers to consider.
Volatility: Since its inception, the price of SafeMoon has been very volatile, rising more than 20,000% before plunging more than 70%. Because cryptocurrency coins have no inherent value, your profit is determined by the amount you purchased and the amount you can sell it for.
Regulation: Because cryptocurrency coins are relatively new, governments are only now learning about them and their potential impact. China has outlawed cryptocurrencies because of the financial risks it represents and the speculative trading it encourages. Higher tax rates on cryptocurrency revenues might be viewed as a form of regulation.
Liquidity: For traders who might be looking to get in or out of SafeMoon quickly, the fact that they discourage selling via the 10% fee may provide a challenge. SafeMoon is traded on Binance and PancakeSwap, two sites that allow the trading of several digital tokens.
Is SafeMoon Really a Ponzi Scheme?
The token, as previously said, is intended to deter selling. This aspect is expected to drive up the price over time, favouring the owners and early adopters. The crypto buzz and fury on social media are pouring gasoline on the flames.
Some experts even feel it is a pump-and-dump strategy. This implies that those who bought the coin early will “push” it up, inspiring others to do the same. In the end, they will sell or “dump” their coins into an unsuspecting throng, eventually driving the price back down.
SafeMoon Whale Wallets
SafeMoon (SFM) Price History
At the time of writing, SafeMoon V2 price is $0.000559, and the 24-hour trading volume is $2,648,927. In the last 24 hours, SafeMoon V2 has dropped 21.27 percent. There is no circulating supply and a maximum supply of 1,000,000,000,000 SFM coins.
What Expert Analysts say about SafeMoon:
Economic Surveillance: SafeMoon is one of the most intriguing cryptocurrencies introduced this year. If the SafeMoon developers keep their promises, the enthusiasm around this currency will most certainly grow. This might propel SafeMoon into the $0.00000600 range by the end of 2022.
Wallet Investor: According to our forecast, the SafeMoon price in 2026 will be $0.000237. The income is estimated to be approximately +4640 percent after a 5-year investment.
Price of a Digital Coin: According to our SafeMoon Price Predictions, the currency might be worth $0.00000738 by the end of the year and $0.00001503 by the end of 2025.
GOV Capital (Government Capital): According to our SafeMoon projection statistics, the currency price might be about $0.0000425 by the end of 2021 and $0.0002553 by the end of 2025.
The Global Reach: SafeMoon trading will continue to surge around the world, and with its back and forth, it’s fair to assume that money might perhaps hit the $1 mark by the end of this decade by 2030.
Currency.com: It is very likely that the SafeMoon price may reach a dollar value in the future. It is worth noting, however, that even the most bullish long-term SafeMoon price projection has it valued at less than a penny in seven years.
Reddit Community: Redditors advise purchasing SafeMoon on every dip. SafeMoon will continue to be valued by buyers and sellers for trading on cryptocurrency exchanges, with a strong gain in price suggesting a potential of $0.009 this year.
Telegaon: The price of SafeMoon V2 in 2022 might range between $0.0038 and $0.018, with $0.0079 being the most likely average. The site, which is more optimistic about the SFM estimate than the others, predicts that the coin will burst past the cent barrier in 2023 and reach the ten cent milestone as early as 2025. Its SafeMoon price projection for 2030 indicates that it might be worth more than a dollar at that point.
SafeMoon Inflationary / Deflationary analysis
A deflationary cryptocurrency is a type of cryptocurrency with a declining coin supply. Simply put, as the quantity of coins in circulation drops, an individual coin becomes more valuable. Deflationary coins sometimes feature a set, unchangeable maximum supply cap encoded inside their code.
SafeMoon is the most well-known deflationary cryptocurrency. SafeMoon charges a transaction fee of 10%, of which 5% is transferred to investors and 5% is burnt.
SafeMoon’s burn wallet, according to BSCScan, has over 421 trillion SAFEMOON worth $821 million. With a maximum supply of one quadrillion, this accounts for 42.1 percent of total supply.
Binance’s BNB coin likewise employs a deflationary burn to remove large quantities of BNB from circulation. Binance purchases a part of BNB to burn every quarter, with the most recent BNB Burn destroying 1,296,728 BNB. This will continue until there are just 100,000,000 BNB left.
SafeMoon Price Prediction 2022-2030
At Safetrading, we predict future SafeMoon price predictions/SAFEMOON forecasts by doing an in-depth artificial intelligence-assisted technical analysis of SafeMoon’s previous price data. We make every effort to collect as much historical data on the SAFEMOON coin as possible, including previous price, SafeMoon marketcap, SafeMoon volume, and a few more.
SafeMoon Price Prediction: 2022
According to the SafeMoon prediction price and technical analysis, the SAFEMOON price is predicted to cross an average price level of $0.00000070 in 2022, with the current year’s minimum price value expected to be $0.00000068. Furthermore, SAFEMOON has a maximum price level of $0.00000082.
SafeMoon Price Prediction 2023
According to the SafeMoon projection price and technical analysis, the SAFEMOON price is predicted to cross an average price level of $0.00000103 in 2023, with a minimum price value of $0.00000100 before the end of the current year. Furthermore, SAFEMOON has a maximum price level of $0.00000118.
SafeMoon Price Prediction 2024
According to the SafeMoon forecast price and technical analysis, the SAFEMOON price is predicted to cross an average price level of $0.00000147 in 2024, with the current year’s minimum price value expected to be $0.00000142. Furthermore, SAFEMOON has a maximum price level of $0.00000177.
SafeMoon Price Prediction 2025
According to the SafeMoon forecast price and technical analysis, the SAFEMOON price is predicted to cross an average price level of $0.00000216 in 2025, with the current year’s minimum price value expected to be $0.00000209. Furthermore, SAFEMOON has a maximum price level of $0.00000244.
SafeMoon Price Prediction 2026
According to the SafeMoon projection price and technical analysis, the SAFEMOON price is anticipated to cross an average price level of $0.00000314 in 2026, with a minimum price value of $0.00000305 before the end of the current year. Furthermore, SAFEMOON has a maximum price level of $0.00000369.
SafeMoon Price Prediction 2027
According to the SafeMoon projection price and technical analysis, the SAFEMOON price is anticipated to cross an average price level of $0.00000451 in 2027, with the current year’s minimum price value of $0.00000439. Furthermore, SAFEMOON has a maximum price level of $0.00000529.
SafeMoon Price Prediction 2028
According to the SafeMoon forecast price and technical analysis, the SAFEMOON price is predicted to cross an average price level of $0.00000656 in 2028, with the current year’s minimum price value of $0.00000638. Furthermore, SAFEMOON has a maximum price level of $0.00000754.
SafeMoon Price Prediction 2029
According to the SafeMoon projection price and technical analysis, the SAFEMOON price is anticipated to cross an average price level of $0.00000926 in 2029, with the current year’s minimum price value of $0.00000899. Furthermore, SAFEMOON has a maximum price level of $0.00001103.
SafeMoon Price Prediction 2030
According to the SafeMoon projection price and technical analysis, the SAFEMOON price is anticipated to cross an average price level of $0.00001345 in 2030, with a minimum price value of $0.00001308 before the end of the current year. Furthermore, SAFEMOON has a maximum price level of $0.00001550.
Risks of Investing in SafeMoon
Just like other cryptocurrencies, Safemoon is a highly speculative asset with no fundamental value. If you decide to acquire Safemoon, you should be prepared to lose your whole money. Here are some additional risks to consider.
Volatility: Since its inception, the price of Safemoon has been extraordinarily erratic, reaching more than 20,000% before plummeting by more than 80% lately. Because cryptocurrencies have no intrinsic worth, your return is determined by how much you can sell them for to someone else.
Regulation: Cryptocurrencies are very new, and governments are just now beginning to comprehend what they are and what influence they may have. China responded forcefully, outlawing cryptocurrencies earlier this year due to their financial risks and the speculative trading they spawned. Regulation might potentially take the shape of increased taxation on bitcoin gains. Learn about fundamental tax regulations for Bitcoin, Ethereum, and other cryptocurrencies in Bankrate’s cryptocurrency taxation guide.
Speculative bubble: While bubbles are easier to spot in retrospect, there is evidence that cryptocurrencies are now in a speculative frenzy. Safemoon’s name appears to have been created to capitalise on the current craze by suggesting an asset that is both secure and “heading to the moon” rather than having a genuine underlying function. Serious investors should take note of this.
Liquidity: For traders trying to get in or out of Safemoon rapidly, the 10 percent charge discourages selling may make liquidity difficult. Furthermore, Safemoon is not traded on the big crypto exchanges but rather on Pancake Swap, which permits trading in many cryptocurrencies.
Conclusion: SafeMoon (SFM) Price Prediction
Cryptocurrency is one of the riskiest asset classes, and experimenting with currencies like Safemoon is akin to playing with fire. While Safemoon can still deliver profits of several hundred percent, there is a good likelihood that it will continue to fall in value indefinitely. Nonetheless, because Safemoon is roughly 85% below its all-time high, some investors may see it as a favourable purchasing opportunity. Pancakeswap is the greatest location to acquire Safemoon if you’re wondering how to buy it. Because it contains an in-built burning mechanism, the top memecoin is still not available on top centralised exchanges.
Is SafeMoon a genuine company?
It is exceedingly improbable that the SafeMoon wallet would be hacked because it is based on a mathematical and scientific blockchain algorithm. As SafeMoon owners, you are already masters of your wallet, and so its protection falls on your sphere of accountability.
If you think different, please use a report a scam page to let us know.
Is it possible to profit using SafeMoon?
Yes, but you must frequently monitor the price of SafeMoon and perform due diligence on the price estimate in order to benefit. Continue reading price forecasts and checking the future price of SafeMoon on a regular basis. Analyze your risk/benefit ratio to get control of your portfolio activities and trade with confidence in crypto tokens to prevent price drops and maximise your profit.
Why do people believe SafeMoon?
SafeMoon currency is one of the most transparent and decentralised assets available. It’s no surprise that its benefits outweigh its drawbacks. That is why investors choose to buy SafeMoon with confidence and keep a close eye on future SafeMoon price forecasts. Purchasing SafeMoon is one of the greatest investment tips for both the short and long term.
Why should I use SafeMoon instead than Bitcoin or Ethereum?
Today, many nations have realised that relying only on traditional money would not provide them with a brighter future, and they are increasingly shifting to cryptocurrencies. SafeMoon, as a deflationary asset and digital asset, ensures safety and decentralisation as well as value appreciation.