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SafeMoon

SafeMoon SFM Price $ 0.0000927

Rank: 661

294 Watchlists

DeFi

SFM Price

0.0000927
12.7%
(-$ 0.0000135)
Price Range
LowHigh
$ 0.0000824$ 0.000111

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Funds and Backers

No funds found yet

Wallets

No wallets found yet

Description

Safemoon protocol aims to create a self-regenerating automatic liquidity-providing protocol that would pay out static rewards to holders.

SafeMoon (SFM) Chart

The SafeMoon to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

SFM to USD Converter

SafeMoon (SFM)SFM

SFM Price Statistics

leaderboard

Market Cap

$ 51.93M

FDV

$ 92.71M

ATH Market Cap

$ 1.08B

24 Trade Vol.

$ 66.55K


Vol. (24h) / MCap

0.00128

Max Supply

SFM 1,000,000,000,000

Total Supply

SFM 1,000,000,000,000

Circulating Supply

SFM 560.11B

(56% of Max Supply)

Listing Date

17 Dec 2021

All Time High

$ 0.00349

4 Jan 2022


All Time Low

$ 0.0000284

14 Feb 2024


From ATH

97.3%

From ATL

226.8%

SafeMoon Price Analysis

What is SafeMoon (SFM)?

SafeMoon Protocol aims to solve the problems of prior cryptocurrencies including mining rewards, farming rewards, and liquidity provisioning. Mining equipment can be both costly and harmful to the environment, but mining remains of interest due to the opportunities afforded by it. As an easy alternative to mining rewards, Safemoon proposes allowing users to participate in a smart contract token reflection to produce tokens inside their own wallets. Another challenge remains to facilitate and maintain liquidity on decentralized exchanges. By nature, decentralized exchanges require liquidity for user participation, thus the responsibility is on the developers to provide it. Historically, developers created incentives aimed at users to provide liquidity which can be outweighed by risk due to the subjectivity of impermanent loss. As a solution, Safemoon proposes utilizing a smart contract function to automatically capture liquidity to be used on the decentralized exchanges and held in custody independent from user possession. Additionally, a smart contract that provides the capability to burn tokens can promote scarcity by reducing the total supply. Together, the combination of these tokenomics may afford far superior benefits for the community within the decentralized venue. Allowing these functions to be amplified and dependent on volume provides an ideal incentive to expedite adoption and foster new use cases.

Safemoon products include:

  • Wallet. A secure place to store and trade your SafeMoon. Some features include Wyre integration, dark mode, contacts list, hold to cancel, and haptic feedback
  • Hard-Wallet. A hardware 'cold' wallet for safely storing and using your crypto. Meant as a better replacement with more features than competitors, and military-grade encryption
  • Exchange. The SafeMoon exchange is a revolutionary new idea that will bring tokenomics to all of the cryptos on its platform.

SafeMoon Price Today

SafeMoon's current price is $ 0.0000927, it has dropped -12.7% over the past 24 hours.

SafeMoon's All Time High (ATH) of $ 0.00349 was reached on 4 Jan 2022, and is currently -97.3% down.

The current circulating supply of SafeMoon is 560.11 Billions tokens, and the maximum supply of SafeMoon is 1.00 Trillion.

SafeMoon’s 24 hour trading volume is $ 66.55 Thousands.

SafeMoon's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 51.93 Million.

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