Is safe Moon a good investment? This blog post is going to give you the information about safe moon Price Forecast and predictions till 2030. SafeMoon is a crypto token that has attracted both fans and controversy. Before that
What is Safe Moon (SFM)?
Safe Moon is a crypto designed to encourage people to hold on to their tokens. The cryptos founders says that anyone who sells a safe Moon token will be subject to a 10 sales tax. Of this money 40% of the tax money is redistributed to the people still holding the token.
While 30% is given to the safe Moon system’s liquidity pool, 20% is burned and 10% is sent to a growth fund.
The idea is that it serves as a store of value resisting volatility by encouraging people to hold on to it. This gives crypto holders a kind of reverse dividend with a rather bizarre paradigm going on.
One could theoretically make a bit of money from other people selling the token while you held on to it. You could make a profit while the overall safe Moon price went down. Whether this is going to happen in the long term remains to be seen but it could at least happen.
What might also potentially happen is that everyone keeps their SafeMoon and very few buy or sell. With that safe Moon price stagnates with investors left waiting for a price rise that ultimately never comes with holders trapped in the middle of selling for a profit and holding for a profit.
Why safe moon is called SafeMoon? It is a combination of two concepts. One is the idea that the crypto is fundamentally safe since it is designed to withstand Market volatility. The other comes from the crypto rallying “Cry of to the Moon” which is generally used to suggest that a coin or token is able to potentially make investors a lot of money.
Whether or not this will be the case for safe Moon might well be a matter of some debate but the sentiment is there. The SafeMoon protocol is community driven and rests on four basic functions during each trade: reflection, liquidity provider acquisition, burn mechanism and contribution to the ecosystem growth fund.
A key aspect is its automatic liquidity provider feature that acts as an Arbitrage resistance mechanism securing the volume of SafeMoon as rewards for holders.
The project favors utilizing smart contracts to automatically capture the liquidity used in decentralized exchanges, DXs which is then held in custody independent from user possession as opposed to a traditional farming reward structure.
SafeMoon also offers a wallet that includes
- Multi-chain storage
- Fiat on-ramp integration
- Contacts list
- Reflections tracker
One thing to warn people about though is that the crypto has been subject to a series of separate lawsuits in the United States. The cases claim that safe Moon which was founded in March 2021 by former U.S Department of Defense analyst John Carney has cost investors hundreds of millions of dollars and has operated illegally.
Safe Moon aims to be a program that uses its resources to benefit people saying on its website.
We are now addressing the second part of our mission the expansion and channeling of our technology to propel new Innovations for good and a venture philanthropy model to advance those Innovations to every part of the world.
SafeMoon price History
Past performance should never be taken as an indicator of future results. What the token has done in the past can help give us some very important context if we want to either interpret a Safe Moon price prediction or else make one of our own.
One very important thing to point out is that originally safe moon was powered by the safe Moon safe Moon cryptocurrency. However in December 2021 it released a new version known by the ticker handle of SFM.
Started its Journey on December 16 2021 when it opened at $0.0017. According to Koi market cap, after sideways price action the Bull Run started in late December when the coin surged from an opening price of $0.00159 on December 30th 2021 to $0.0029 a day later.
The safe Moon token price reached its all-time high of Dollar $0.007232 on January 4 2022 after which the price action moved slowly down gradually losing momentum.
SFM bottomed out at $0.001537 on January 22nd wiping out over half of its value in just 18 days. Three days later the million safe Moon wallet had been downloaded. There was more bad news to come though as the crypto consistently lost value over the next few months. The absolute the worst moment of a particular situation came on May 11 when with the market badly shaken by the De-pegging of the UST Stable coin and the collapse of the associated Luna cryptocurrency it dropped to a low of $0.0002773
Although there was some recovery the news that withdrawals had been canceled on the crypto lending platform Celsius Network CL which confirmed that crypto was in a bear Market saw SFM fall to a daily low of Dollar 0.0004064 on June 15th.
Safe Moon price prediction
Let’s take a look at some of the safe Moon price predictions that were being made. It is important to remember that price forecasts especially when it comes to a commodity that’s potentially volatile.
As cryptocurrency are very often wrong we should also point out that long-term crypto price predictions are often made using an algorithm which means that they can change at a moment’s notice.
First as of today trading beasts made a safe Moon price prediction for 2022 suggesting the coin could close the year at about 0.0005 dollars. By August 2023 the site projected the token could rise to $0.0006294 and go on to reach $0.0007627 a year from then. By August 2025, the sites at SFM could trade at about $0.0008917. In closing the year at around $0.0009328
Safe Moon crypto price prediction as of today estimated that the token could rise to $0.0005 by the end of this year reaching $0.0008 in August 2023. A year after that the site argued that the crypto could stand at around 0.0017 dollars.
Safe Moon Price Prediction (2022-2030)
The site’s safe Moon price prediction for 2025 suggested that the coin could trade at $0.0027 at the start of the year, reaching $0.0043 in August and $0.0059 in December
In 2026, it predicted SFM could be priced at $0.0063 in August and $0.0066 in November.
|Year||Safe Moon Price Prediction|
Wallet investors struck a far more bearish sentiment with its Safe moon price prediction as today estimating that the token could drop to $0.0000269 by August 2023.
When considering a SFM token price prediction, it’s important to keep in mind that cryptocurrency markets remain extremely volatile. Making it difficult to accurately predict what a coin per tokens price will be in a few hours and even harder to give long-term estimates. As such analysts in algorithm-based. forecasters can and do get their predictions wrong.
If you are considering investing in cryptocurrency tokens we recommend that you always do your own research. Look at the latest market trends news, technical and fundamental analysis and expert opinion before making any trading decision.
Keep in mind that past performance is no guarantee of future returns. Never trade with money that you cannot afford to lose.
Is safe Moon a good investment?
It is hard to say at this stage. A lot will depend on how the market performs going forward while the outcome of the ongoing court cases will also have an impact on the crypto’s future performance.
In volatile cryptocurrency markets, it is important to do your own research on a coin or token to determine if it is a good fit for your Investment Portfolio. Whether the SFM token is a suitable investment for you. It depends on your risk tolerance and how much you intend to invest among other factors.
Should I invest in safe Moon?
As of today the SFM token was down 84% year to date. From its opening of $0.002558 on 1st January to its latest price of $0.0003886. Whether you should buy the SFM token is a personal decision based on your risk tolerance and investing goals.
You will need to do your own research. Remember that prices can go down as well as up. Keep in mind that past performance is no guarantee of future returns and never invest what you cannot afford to lose.
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